MMA Mortgage Showcase Offers Bleak View of Region’s Economy
By Melanie Nayer
Joined by members of the mortgage industry – including brokers, lenders, technology and data security investors – the Massachusetts Mortgage Association kicked off its 2003 New England Mortgage Showcase last Wednesday at Boston’s Seaport Hotel with workshops and a grim discussion on the state of the New England economy.
New Markets Program a Credit to Banks
By Melanie Nayer
Banks are increasingly making use of a new approach to community reinvestment by buying into low-income housing developments as a way to leverage funds with New Markets Tax Credit, while at the same time satisfying requirements of the Community Reinvestment Act.
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