Banking & Lending
Demand for New Apartments Is There, But Not the Financing
New Hampshire’s multifamily market is showing distinct signs of a split personality.
Equity Contracts Aren’t So Hot
There comes a time in practically every homeowner’s life when they consider using the equity they’ve built up in their house for one purpose or another.
Derry Apartment Complex Lands $143M Refi
The owner of a huge apartment complex in Derry has secured new debt.
Rockland Trust Completes Acquisition of Enterprise Bank
Massachusetts-based Rockland Trust has completed its acquisition of Enterprise Bank, with Enterprise shareholders receiving 7.5 million shares of Independent common stock and approximately $25.8 million in cash.
Fannie, Freddie Ordered to Consider Crypto as Asset When Underwriting Mortgages
The head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer’s cryptocurrency holdings in their criteria for buying mortgages from banks.
Inside Service CU’s New Venture Arm
Service Credit Union has launched a new venture capital unit, Service Ventures, with the ambitious goal of investing in cutting-edge financial technology, and it’s placed Brian Regan in charge.
Service CU Launches Venture Arm to Help Other CUs
Service Ventures, an independent investment arm of Service Credit Union, has officially launched to help the credit union improve its own members’ experience while also boosting innovation across the credit union industry.
Fewer Sales, Fewer Mortgages Marked Top LOs’ Year
New Hampshire real estate loan originators managed to squeeze out a surprisingly solid year of business in 2024, despite an ongoing decline in homes sales across the state.
Colliers Reports Slow-Down in Demand for Industrial Buildings
New Hampshire’s industrial real estate sector is experiencing a mild case of the speculative-building blues. The once red-hot industrial sector started to cool off a year or so ago, when large e-retailers like Amazon began to pull back on their demand for warehouse/distribution center space across New Hampshire and the rest of New England.
Celebs Help Sell Houses, Loans
A spokesperson doesn’t necessarily need to be super famous, but they should at least be recognizable.
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