As mega-banks leave the market, community banks and mortgage companies are filling the void with new products, innovations.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, News
With post-recession climb, Maine real estate economy reaches 11-year high
The index compares real estate activity against its previous peak in the first quarter of 2006.
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Posted inBusiness, Local & State, News
Sappi restructures business units to boost profits
The paper producer, which employs 1,300 workers in Maine, said the change won’t affect staffing.
Posted inBusiness, Life & Culture, Local & State, Maine Crime, News
This summer, robocallers likely to turn up the heat on Mainers
Automated sales calls, hard to block and usually from scammers, are on the rise and tend to peak during the summer months.
Posted inBusiness, Local & State, News
The MEMIC Group names Michael Bourque as new CEO
The longtime employee and public face of the workers’ compensation firm will take the helm later this year.
Posted inBusiness, Local & State, News
Court upholds whistleblower retaliation penalty against Pan Am Railways
First Circuit judges agree on appeal that the railway targeted a whistleblower worker from Maine and must pay him $260,000.
Posted inBusiness, Local & State, News
Maine bans mortgage loan servicer from taking on new business
Florida-based Ocwen Loan Servicing LLC is accused of widespread misconduct, including illegally foreclosing on borrowers.
Posted inBusiness, Local & State, News
Maine trails many states in reducing foreclosures to pre-recession levels
The numbers are declining in the state, but there were nearly 3,800 foreclosure filings in 2016, compared with 50 in 2006.
Posted inBusiness, Local & State, News
Wex Inc. may relocate its headquarters to Portland waterfront
The growing company wants to build offices across from Ocean Gateway and employ up to 650 there while retaining a strong presence in South Portland.
Posted inBusiness, Local & State, News
Pew report: Maine a leader in tax incentive accountability
The group praises Maine’s system of regularly evaluating its 200 state and federal programs to see if they are meeting the intended goals, and the results guide future policy decisions.