Review Mortgage Lenders

Bank Rhode Island

Rhode Island Community Food Bank 30th Anniversary Video

A video commemorating the Rhode Island Community Food Bank's 30th Anniversary. Includes a look at the work and logistics involved in supplying ...

RI-based Citizens Bank entangled in new Paul Manafort indictment

NEW YORK — Recently filed federal charges against President Donald Trump's ex-campaign chairman Paul Manafort could also pose legal and regulatory risks for the banks that loaned him millions of dollars against his New York real estate in recent years.

The most serious exposure may be for a Rhode Island-based bank that employed a "conspirator" in Manafort's scheme to obtain a loan he couldn't afford, according to the 32-count new indictment unsealed this week.

Dubbed "Lender B" in court papers, Citizens Bank not only lent Manafort $3.4 million based on fraudulent documents but, in another case, appeared to help Manafort avoid being caught by sending back a crudely falsified financial statement that had been sent to them from a Manafort associate, according to federal prosecutors.

"Looks Dr'd," the unnamed banker allegedly wrote. "Can't someone just do a clean excel doc and pdf to me??"

Peter Lugcht, a bank spokesman, declined to acknowledge that Citizens was "Lender B" or answer questions about whether Citizens had reported the alleged loan application fabrications to the government. He also wouldn't say whether it still employed the person identified as a conspirator.

Brookline Bancorp, Inc. and First Commons Bank, NA Complete Merger

Pursuant to the terms of the Agreement and Plan of Merger entered into between the parties on September 20, 2017, each outstanding share of First Commons Bank common stock will be exchanged for 1.089 shares of the Company’s common stock. 

Company President and CEO, Paul Perrault, said of the transaction, “We are pleased to welcome the customers and employees of First Commons to the Brookline family.  We look forward to deepening existing customer relationships with the enhanced and additional services offered by Brookline.”

About Brookline Bancorp, Inc.

Brookline Bancorp, Inc., a bank holding company with approximately $6.8 billion in assets and branch locations in eastern Massachusetts and Rhode Island, is headquartered in Boston, Massachusetts and operates as the holding company for Brookline Bank, Bank Rhode Island and First Ipswich Bank. The Company provides commercial and retail banking services and cash management and investment services to customers throughout Central New England. More information about Brookline Bancorp, Inc. and its banks can be found at the following websites: , , and .

Do you have to pay the bank in Rhode Island when a property is foreclosed and sold by the bank at lower price?

Like many other people, it's been hard to make ends meet and stay on top of my mortgage. I want to know if Rhode Island law allows the bank to come after me for whatever the difference is from what they sell it for.

this article will explain. tent/article/2008/04/11/AR2008041101914.