Numerous Bills Filed At Start of New Year
By Amy Wyeth
New bank and credit union presidents – and there are at least half a dozen in the Bay State this year – enter 2007 cognizant that the battle for new depositors will continue in earnest.
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Residential Loan Stoppage By MLN Creates an Uproar
By Amy Wyeth and Katie Curnutte
Citing “a lack of available warehouse funds,” Middletown, Conn.-based Mortgage Lenders Network USA, one of the nation’s top subprime lenders, announced Dec. 29 that it would stop funding residential loans.
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Housing Permits Drop in 2006; Recovery Seen Late This Year
By Aglaia Pikounis
Permitting for new housing construction in Massachusetts dropped sharply last year as home sales and prices fell from record highs, and many industry watchers are expecting that new-home construction and permitting activity won’t begin to recover until late this year.
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Invesco Buys One Liberty
By Thomas Grillo
In the first mega-sale of a Boston office tower in 2007, One Liberty Square in the Financial District has been sold to Invesco Real Estate, a Dallas-based REIT, for $50.3 million.
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