Pittsfield: Daniels will speak at women's meeting

Maureen Daniels of Berkshire Health Systems will speak when Berkshire Business & Professional Women honors its member of the year at its monthly meeting on Monday, June 3 at Hancock Shaker Village.

The event runs from 5:30 to 7:30 p.m. There will be a cocktail reception under the gala tent. It is the group's final meeting of the season. The outgoing board will be thanked, and the new board welcomed. The registration deadline is Thursday, May 30.

Registration/information: berkshirebpw.org/meeting.html.

Pittsfield: Bank awards scholarships to 30 seniors

Berkshire Bank chose 30 high school seniors to receive a total of $45,000 in scholarships through its Berkshire Bank Foundation Scholarship Awards Program. Each recipient receives $1,500.

The eight Berkshire County recipients are: Kyle Gregory, St. Joseph Central High School; Mollie Dimise, Taconic High School; Shannon Houghtlin, Taconic High School; and Judah Piepho, Monument Mountain Regional High School; Kelt Wilska, Monument Mountain Regional High School; Mica Reel, Monument Mountain Regional High School; Aidan Russell, Lenox Memorial High School; and Toby Alves Jr., Charles H. McCann Technical High School.

A total of 134 employee volunteers reviewed nearly 200 applications to select the winners. The winners live in the regions served by Berkshire Bank, including communities in Massachusetts, New York, Connecticut and Vermont.

Boston: Mortgage lender ordered to stop services

The state office of Consumer Affairs along with the Division of Banks has ordered mortgage lender Mortgage Security Inc. of Falmouth to immediately cease mortgage lending and loan servicing activities to Massachusetts consumers.

The Division received complaints from consumers that Mortgage Security failed to properly remit escrow money collected for payment of real estate taxes to the respective cities and towns, and that homeowners had been charged late fees and penalties.

The investigation found that Mortgage Security received scheduled mortgage payments from borrowers, including escrow payments, and then failed to pay the borrowers' real estate taxes and homeowners' insurance payments for several months.

The Division's review of Mortgage Security's records also revealed several inconsistencies in borrowers' account balances and that consumer funds were mixed with other company funds.

Mortgage Security has been licensed by the Division since October 1993 as a mortgage lender and mortgage broker. Through its relationship with an authorized company, Mortgage Security had previously serviced mortgage loans.

Mortgage Security will have a right to request a hearing before the Division.