AG Coakley Addresses Subprime ‘Avalanche’
By Amy Wyeth
The chance to hear Massachusetts Attorney General Martha Coakley discuss her first year in office drew a crowd of more than 300, including a handful of local bankers, to a Greater Boston Chamber of Commerce breakfast in Boston Tuesday morning.
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State’s Home Prices, Sales Down Sharply
By Aglaia Pikounis
Home prices in Massachusetts dropped nearly 5 percent in 2007, the second consecutive year they have declined, as sales sunk to their lowest level in 15 years.
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Residential Mortgage Lending Down 60% From Peak Levels
By Amy Wyeth
The sky really is falling, at least on the local lending scene. Mortgage originations, once buoyed by a high-flying real estate market, slipped into a tailspin last year as the housing sector struggled and the subprime lending arena imploded.
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National Grid Building Going on Block
By Thomas Grillo
Lights out. One month after National Grid detailed its move to Reservoir Woods in Waltham, the national electric company is selling its 280,000-square-foot campus in Westborough.
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Two Banks Ponder the Future Following Recent Conversions
By Amy Wyeth
Two North Shore banks have large sums of money “burning holes in their pockets,” in the pithy words of one industry observer, following transitions to become fully or partially stock-owned institutions this month.
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