Connecticut

The number of new housing permits issued in Connecticut communities surged by 13.7% last month compared to January 2019, according the state Department of Economic and Community Development.

Connecticut's home sale market ended 2019 pretty much the way it began the year, as overall prices for single-family houses remained stuck in neutral and sales slipped, compared with the previous year.

Provident Bank in Amesbury, Mass., has entered warehouse lending after buying a business from People’s United Financial in Bridgeport, Conn.

Sales of single-family houses in the Greater Hartford area recorded a lackluster 2019, barely gaining any ground over the previous year.

People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.

Connecticut's housing market saw mixed performance in November, with solid gains in year-over-year median sale prices and total sales, but showing some overall weakness in year-to-date data released by the Massachusetts-based Warren Group.

Home prices in 10 states are still valued below the peaks reached before the Great Recession, according to a new report by CoreLogic, a real estate analytics company.

Connecticut single-family home sale prices in October reached their highest level in 12 years for the month, a bit of welcome news in a housing market that is looking for a boost in a decade-plus recovery.

Home sale prices in Greater Hartford got a welcome bump up in October amid slower sales, and the outlook for the rest of the year also indicates slower home purchasing.

1st Alliance Lending is officially closing, but its CEO still plans to fight Connecticut's allegations that it used unlicensed personnel to take mortgage loan applications.

Connecticut's housing market saw modest gains in September, with the number of sales of single-family homes and condominiums increasing as well the median sale price for both types of properties.

A mortgage company's dispute with Connecticut over what tasks a licensed loan officer needs to handle points to a potential compliance concern for direct and digital lenders seeking to maximize efficiencies.

The spring home buying market — traditionally the strongest of the year — didn't do much to boost overall home sale prices in greater Hartford this year.

1st Alliance has ceased lending activities following the loss of bonding in Connecticut, plus financial concerns it links to a state regulatory dispute, but it may later seek to recapitalize.

Connecticut single-family home sales fell in June, the 11th consecutive monthly decline, as the median sale price also dropped.

Sachem Capital Corp., a hard-money mortgage lender that makes short-term loans to investors, has raised $10 million in gross proceeds from a public offering of 2 million common shares.

The spring home buying market got off to a disappointing start in April, as sales sputtered and the state marked the ninth consecutive month of year-over-year sale declines.

Home sales across Connecticut in March provided a weak lead-in to the state's spring home buying season with sales and prices both registering year-over-year declines.

Northeast mortgage originators relied heavily on referral relationships with attorneys and financial planners and less so with homebuilders last year, the Top Producers 2019 survey found.

Sheldon Oak Central, a Connecticut affordable housing developer, is at risk of losing half a million dollars in federal subsidies if it can't come up with cash to rehab one of its aging properties.