Mortgage Firms Merge as Loan Market Shrinks
By Andrea Gregory
The sales of two Bay State mortgage companies last month may be just the first of many. With loan volume slowing, many industry watchers say a thinning of the ranks in the mortgage profession and industry consolidation are likely to accelerate in the coming year.
Boxboro Reacquires Branch Office, But Many Towns Lack Local Bank
By Andrea Gregory
Boxboro, a tiny rural town about 30 miles from Boston, had one bank. Citizens Bank closed its Boxboro branch last September, leaving the space on Massachusetts Avenue vacant and the community bereft of a bank until last week when Middlesex Savings Bank filled the void.
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