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 Issue of November 5, 2007 
   

Trade Groups, AG to Meet on Mortgage Regs
By Amy Wyeth
Claiming that state regulations set to go into effect next week could put mortgage brokers out of business and hurt the consumers they are intended to help, representatives of two major mortgage trade groups are planning to meet with Attorney General Martha Coakley and her staff on Friday. One leader said that his organization is contemplating legal action to challenge the new regulations if industry concerns are not addressed at the Friday session.



Auction of Foreclosed Homes Expected to Draw a Crowd
By Aglaia Pikounis
An estimated 4,000 people will hear the word “sold” in Boston this weekend.



Suffolk University Has Designs on Somerset
By Thomas Grillo
Months after Boston Mayor Thomas M. Menino killed plans for a dormitory on Beacon Hill, Suffolk University hopes its fallback idea will win city and neighborhood approval.



Support for Minority Ownership Examined
By Amy Wyeth
Numbers tell the story of how difficult it is for banks owned or run by minorities to succeed.



West Springfield Bank Makes Second Public Stock Offering
By Amy Wyeth
Full stock conversion of a bank is rare in Massachusetts.



Survey: Boston Misses Top 10 For Office Space Construction
By Thomas Grillo
Where’s Boston? The Hub was nowhere to be found on a recently released Top 10 list of U.S. cities with office space under construction.



HUD Grants Will Help Build Units for Elderly and Disabled
By Aglaia Pikounis
Nearly 200 apartments for low-income elderly and disabled tenants will be built in Massachusetts thanks to more than $24.7 million in federal grants.




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