Some mortgage servicers break U.S. rules, mostly due to technology: consumer bureau

Some mortgage servicers are failing to follow federal rules intended to help struggling borrowers avoid foreclosure, often because they use faulty technology, the U.S. agency charged with protecting consumers' finances said on Wednesday. In a report, the Consumer Financial Protection Bureau found some servicers, the conduits for mortgage payments, are falling short of the rules […]

GoLocalProv | News | Sides Battle Over Special Tax Break Extensions for Providence Properties

Four existing Providence developments seeking tax break extensions were met with both support – and strong opposition — on Tuesday night at a City Council Finance Committee hearing. Monohassett Mill, Pearl Street, Rising Sun Mills, and 100 Fountain Street went before the committee seeking five year extensions on their tax stabilization agreements with the city, […]