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Lenders graded on response to troubled homeowners - Boston GlobeGrade your mortgage lender? That's what a local nonprofit association did to find out how lenders are doing at modifying loans of delinquent homeowners. The Massachusetts Association of Community Development Corporations developed a report card on 10 ...
East-West Meets Tough Mortgage Market - Worcester Business JournalThe catchy 1-800-East West jingle that’s familiar to anyone who even only occasionally listens to a minute of radio is much more than that. In fact, the Marlborough-based company, which is a wholly-owned subsidiary of Worcester-based Commerce Bank ...
Oct. 21 - Journal InquirerWhy is it that we always see our local legislators when there is a photo opportunity or a speech to make, but never when things are going badly and we need to hear ideas and proposals, and see effective action? Sue Lavelli-Hozempa has been active and ...
Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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