Bank is asked to forgive some of a loan to Neville, a nursing home, and has cause: Lack of collateral
The Rockland Trust branch in Somerville’s Davis Square. The bank has loaned money to Cambridge’s Neville Center nursing home. (Image: Google) The bank that holds an $11.4 million mortgage from the city-affiliated Neville Center nursing should forgive part of the loan, Cambridge city councillors said Monday. The order requesting Rockland Trust Co. to forgo getting