Items Tagged with 'New Hampshire'

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  • HarborOne Bank spins off Merrimack Mortgage business, founds HarborOne Mortgage

    Combines internal mortgage operation with Merrimack Mortgage
    Back in 2015, HarborOne Bank, a Massachusetts-based bank, boosted its mortgage business by acquiring Merrimack Mortgage Company, a privately held mortgage originator based in New Hampshire. Now, HarborOne is combining its internal mortgage operation with Merrimack Mortgage and establishing a new mortgage business, which will be called HarborOne Mortgage.
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  • Five States Swap Tax Credits for Treasury Stimulus

    The US Treasury is setting up nearly $135m in Recovery Act funds for Iowa, Maine, New Hampshire, Rhode Island and Washington. The money is meant to go towards creating jobs in the states and developing a more affordable housing market for residents. The states, in turn, will swap tax credits for the aid. Iowa has been granted $72m; Rhode island, $36m; Washington, $11m; New Hampshire, $10m and Maine, $4m.
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  • Average Rental Rates Increase in Northeast: Report

    Average rental rates in multifamily properties throughout the Northeast rose modestly in the face of a troubled residential housing market, according to a survey released Friday by Sunrise Management & Consulting. The Fall 2008 Sunrise Multifamily Rental Market Report showed rate increases in most of New York and in all of Massachusetts, New Hampshire, Maine and Vermont. According to the report, the Rhode Island and western Connecticut markets reversed earlier flat growth with rental rate increases.
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  • Number of Troubled Borrowers On Rise, TransUnion Says

    The percentage of borrowers 60 or more days behind on their mortgage increased for the sixth straight quarter, hitting a national average high of 3.53 percent in Q2, TransUnion said on Monday. That's up more than nine percent from the previous quarter's reading of 3.23 percent average, and up approximately 51 percent from the same period last year, according to the credit bureau.
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  • National Mortgage Licensing System Expands to 14 States

    A national registry designed to centralize information on and licensing for mortgage brokers and lenders has expanded to 14 states, according to the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators, who first introduced the registry in January. On Monday, CSBS officials said that six more states -- Connecticut, Louisiana. Mississippi, North Carolina, New Hampshire and Vermont -- will begin using the Nationwide Mortgage Licensing System beginning July 1.
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