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News
Bangor Savings Bank issued $711M in home loans last year after steep drop in 2024
2+ mon, 1+ week ago (723+ words) By Annie Rupertus, Bangor Daily News Staff Bangor Savings Bank issued more home loans in 2025 after its mortgages dropped significantly the year before, according to the company’s annual report. The bank also reported tens of millions of dollars invested in…...
Impacts of Maine’s New Shared Appreciation Mortgage Loan Law
4+ mon, 2+ week ago (394+ words) On April 13, 2026, Maine enacted new laws (L.D. 1901) that are intended to have an immediate and retroactive impact on the origination and servicing of shared appreciation mortgage loans secured by residential real estate located in Maine. According to the Coalition for Home…...