Mass. Housing Finance Selects Princeton's Pam

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Boston-based Massachusetts Housing Finance Agency (MHFA), with some $1 billion in assets under management, has selected Princeton Financial Systems Inc.'s Pam for Securities portfolio management and accounting system. MHFA finalized its selection of Princeton's DOS-based system last December. The firm has initiated the conversion process and plans to have the installation complete and Pam online by July. MHFA purchased Princeton's system to manage an investment portfolio consisting primarily