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| Issue of March 3, 2008 |
Battle Between Shareholder, Massbank Execs Gets IntenseBy Amy Wyeth Signaling that the battle between activist-shareholder Lawrence Seidman and Reading-based Massbank is intensifying, the Massbank Corp. board of directors has changed the banks bylaws. Report: Racial Disparities in Lending Cut Across Income Levels By Amy Wyeth Black and Latino homebuyers in Massachusetts continue to receive high-cost mortgage loans more often than their white or Asian counterparts, regardless of their incomes, according to a new report. AG Obtains Preliminary Injunction Against California Lender By Amy Wyeth Attorney General Martha Coakley has obtained a preliminary injunction in a case against California-based Fremont General Corp. and its subsidiary, Fremont Investment and Loan, a subprime lender that originated thousands of loans in Massachusetts. Experts Analyze Broken Merger By Amy Wyeth Observers are saying personnel issues likely caused two small cooperative banks to call off a planned merger. |
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