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Issue of February 4, 2008 |     |
Mixed Results Expected for GSE ChangesBy Amy Wyeth Changes under way at Fannie Mae and Freddie Mac inspired by the housing market decline will have a mixed effect on the Bay State, local lenders and advocates say, helping borrowers with better credit but hindering those who want to buy in lower-income areas. Coakley: Subprime ‘Avalanche’ Could Have Been Prevented 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 on Tuesday morning. Florida-Based Lender Reverses Broker Policy in Bay State By Amy Wyeth One of the three mortgage lenders to institute broker compensation changes in the wake of Attorney General Martha Coakley’s new mortgage regulations has reversed the new policy, barely a week after it went into effect. |
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