Financial Services
642 results total, viewing 531 - 540
Kevin Hackman, an elder law attorney in Warwick, says he has about a dozen clients a year interested in reverse mortgages, only half of whom actually follow through and get one. more
Federal Reserve policymakers are missing a key element as they assess the health of the labor market: data that includes whether those who are employed are overqualified for their job or would like to work more hours. more
United Way of Rhode Island recently announced that Citizens Bank Foundation has invested $160,000 in the organization’s Community Impact Fund in support of 2-1-1 and the Volunteer Income Tax Assistance program. more
One of the most important, but largely ignored, results of the Great Recession is the fate of the Federal National Mortgage Association (better known as Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac). These two organizations are unique in that they were chartered by Congress, but have functioned as nongovernmental corporations. In Washington-speak they are Government-Sponsored Enterprises or GSEs. more
ROCKLAND, Mass. - Independent Bank Corp., parent of Rockland Trust Co., recorded an increase of 17.9 percent in earnings in 2013 over the previous year, the bank announced Thursday. Net income for … more
Coastway Bancorp, the parent company of Coastway Community Bank, became a publicly traded company today, listed on the Nasdaq exchange under the symbol CWAY. The bank offering of $48.3 million in stock is listed at $10 per share. more
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York. more
In 2013, Rhode Island businesspeople began to really believe in the recovery. A year earlier, with revenue rising and the Great Recession fading into memory, signs of optimism began emerging among local executives, at least about the prospects for their own enterprises. more
Banco Santander SA’s U.S. consumer lender subsidiary, which originates subprime loans for new-vehicle purchases and leases, is seeking to raise as much as $1.56 billion in an initial public offering. more
The Capital Good Fund has introduced a new meaning for IPO – a nonprofit Immediate Public Opportunity, the organization announced in mid-December. more
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