Joe O'Shea

Lifelong Storyteller

Banks Hope to Make a Difference with Mortgage Relief Fund

In response to the subprime mortgage crisis and rising foreclosures – and encouraged by Boston Fed leadership – Citizens Bank, Sovereign Bank, TD Banknorth, Webster Bank and Bank of America launched the Mortgage Relief Fund, a $125-million initiative that aims to help some New England homeowners refinance into more affordable mortgages, enabling many to avoid delinquency and foreclosure.

Innovative Bank-Treasury Partnership has Changed how America Does Business

Launched last fall, the Internet Payment Platform (IPP) promises to be a groundbreaking Web-based tool that makes it much easier for federal agencies and their vendors to conduct business. While streamlining the order-to-payment cycle is an innovative effort for the U.S. Treasury, which owns the platform, what wasn’t so groundbreaking was the longstanding partnership that produced this evolving electronic marketplace.

Patriots Defuse Chargers, Roar Back into First Place with Win

From La Jolla to Mission Valley, word around these parts was that the Patriots wouldn’t pose a problem to the schizophrenic Chargers, who handled the Kansas City Chefs with ease a week earlier. But, as Bolts fandom soon found out, the Patriots aren’t a team to be taken lightly this year. Or as New England kicker Adam Vinatieri said, “You can’t take a team that has a better record than you lightly.”
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