While the economic effects of the Omicron variant remain to be seen, improving economic conditions during the first nine months of 2021 helped drive Massachusetts bank earnings above pre-pandemic levels.
The maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac will increase by 18 percent in 2022, with the limit for two Massachusetts counties approaching $1 million.
A Housing Court judge has struck down Boston’s three-month-old eviction moratorium, and potentially thrown similar moratoriums in Somerville and Medford into doubt.
In a year when Massachusetts businesses received nearly $6.9 billion in another round of Paycheck Protection Program lending, the U.S. Small Business Administration’s traditional loan programs also provided an additional $970 million in funding to small businesses.
Federal Reserve Chair Jerome Powell took a sharp and unexpected turn Tuesday toward tightening credit for consumers and businesses in the face of mounting concerns about high inflation.
The owner and a senior employee of a Boston construction company are facing charges they lied about the company’s safety record before a pair of its employees were killed on a downtown construction site in February.
A Quincy apartment complex has traded hands for $54 million, according to public records.
Gov. Charlie Baker, a two-term Republican who at his peak was one of the most popular governors in the country, will not seek a third term, throwing the 2022 race for governor wide open.
A yearlong apprenticeship program designed to increase diversity in banking has launched in Massachusetts with several local banks participating.
Freddie Mac Looks to Rental Payments for Better Credit Measurement