Lamont Eliminates Witness Requirement for Remote Notarizations
March 31, 2020 | Reprints | Unlock Link 
Gov. Ned Lamont has issued a new executive order solving a problem that could have plagued homebuyers and sellers trying to get transaction documents notarized.
What Lenders Should Know About the CARES Act
By Diane McLaughlin | March 31, 2020 | Reprints | Unlock Link
Banking and lending will feel impacts from the $2 trillion federal Coronavirus Aid, Relief and Economic Security (CARES) Act passed last week, most notably the new loan U.S. Small Business Administration loan program.
Connecticut’s Realtors Adapting to Coronavirus
By James Sanna | March 30, 2020 | Reprints | Unlock Link
Live-streamed house tours. Three hundred and sixty-degree photos of rooms. Video chats with clients. Welcome to the world of buying and selling real estate in Connecticut put under quasi-quarantine to fight the coronavirus.
Over 50 Banks, Credit Unions Agree to Mortgage Forbearance
More than 50 credit unions and banks in Connecticut have agreed to offer mortgage relief to the state’s residents and businesses experiencing hardships due to the coronavirus pandemic.
Purchase Mortgage Apps Drop 11 Percent Nationwide
April 1, 2020 | Reprints | Unlock Link
In another indication the coronavirus is softening the housing market, applications for purchase mortgages fell by 11 percent nationwide last week, according to the Mortgage Bankers Association.
Hotels Expected to Lead Commercial Loan Defaults
By Steve Adams | Commercial Record Staff | April 1, 2020 | Reprints | Unlock Link
Economic disruption associated with the COVID-19 pandemic will hit the hotel sector hardest of any commercial real estate sector with nearly 35 percent of mortgages likely to default by 2024, according to an analysis released this week.
State Delays Sales, Room Tax Deadlines
March 31, 2020 | Reprints | Unlock Link
The Connecticut Department of Revenue Services is moving to put more cash in businesses’ pockets as their sales dry up due to the coronavirus pandemic.
Small Businesses Ask: When Will Aid Arrive?
By The Associated Press | March 31, 2020 | Reprints | Unlock Link
Millions of owners face April 1 due dates for rent, mortgage, credit card and other payments. Some have been granted leniency from landlords and lenders. But even then, there are other business and personal bills that are owed.
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