September 3, 2010 | Updated 11:54am
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Aug. 30 Issue

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MassHousing’s Gleason Championing Return Of Zero Down Mortgages

Zero down-payment mortgages are politically radioactive these days.

More Bank Branches Open For Business

Nationwide, bank branches are closing in droves: According to the FDIC, 481 branches were...

As Local Home Sales Stumble, Closing Costs On The Rise

A politician’s promises don’t usually carry much weight, but somehow over the past year a...

Commanding Presence

David Bizar, a litigator with Seyfarth Shaw’s Boston office, could command attention at most...

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Blogs

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Deals & Developments

Office Market Still Bleeding Away

By Scott Van Voorhis

Massachusetts may be adding jobs, but the battered office market is not out of the woods yet. Just take a look at what is happening out on the I-495 office and innovation belt. The amount of vacant office space has hit 32 percent along the 495 West corridor – the highest since the start of the Great Recession, CresaPartners reports.

Housing Scene

No Dent In Foreclosure Filings

By Aglaia Pikounis

A government watchdog says participation in a federal program to help struggling homeowners is “anemic”.


Updated Friday, Sep. 3 @ 11:21am

Current News

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Clothing Store Leases 15K SF In Boston

Back Bay clothing store Karmaloop has leased 15,700 square feet on the fourth and fifth floors of 334 Boylston St. in Boston.

HarborOne Credit Union MultiCultural Banking Center Hosts International Guests

Around 20 credit union officials from Brazil accompanied by two staff members of the World Council of Credit Unions Inc. recently visited HarborOne Credit Union's MultiCultural Banking Center in downtown Brockton.

Eastern Bank Donates $15K To Boys & Girls Clubs

Boston-based Eastern Bank's charitable foundation has donated $7,500 to the Boys & Girls Club of Lynn and $7,500 to the Boys & Girls Club of Greater Salem in a program that rewards area Boys & Girls Clubs each time the Sox win.

Pending Home Sales Rise 5.2 Percent In July

Pending sales of previously owned homes nationwide rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.

Atlantic Tele-Network Moves HQ To Beverly

Atlantic Tele-Network Inc. (ATN) recently relocated its corporate headquarters to Beverly.

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Residential

Commercial

Banking & Lending

Insurance

Bay State Home Sales Plunge

Sales of Massachusetts single-family homes fell by 26 percent in July compared to this time last year. Listen to The Warren Group CEO Timothy Warren Jr. explain why.

Opportunities With The Warren Group

We're hiring! If you're interested in joining New England's leading real estate and banking information company, click here to see what's available.

Foreclosure Deeds In Mass. Continue To Climb

There was an 80 percent increase foreclosures recorded in the Bay State in July compared to the same time last year. Listen to Vincent M. Valvo, group publisher and editor-in-chief of Banker & Tradesman, explain why.


Executive Briefing

Poll

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Zero Down Mortgages
Should lenders return to no-down mortgages?

  • No way – Didn’t they learn their lesson the first time around?
  • Sure – It’s up to them if they want to take the risk.
  • Maybe – It all depends on the specific borrower.

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Video/Audio

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Click here to listen to The Warren Group's CEO Timothy Warren Jr. offer his take on the strong past few months and where we might be headed.

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