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Banking & Lending | December 21, 2007

Redefining Roles
By Jeff Haynes
Questions over who has authority over mortgages, and under what circumstances, have some groups re-examining their roles.


PSB Holdings Declares Quarterly Dividend
PSB Holdings, the holding company for Putnam Bank, has declared a quarterly cash dividend of 7 cents per share of the company’s common stock. The dividend reflects an annual cash dividend rate of 28 cents per share.