Residential Real Estate
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.
Lamont Eliminates Witness Requirement for Remote Notarizations
March 31, 2020 | Reprints | Unlock LinkGov. Ned Lamont has issued a new executive order solving a problem that could have plagued homebuyers and sellers trying to get transaction documents notarized.
Connecticut’s Realtors Adapting to Coronavirus
By James Sanna | March 30, 2020 | Reprints | Unlock LinkLive-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.
Trump Backs Off Quarantine Idea, Travel Advisory for CT
By The Associated Press | March 30, 2020 | Reprints | Unlock LinkConnecticut political leaders had mixed views – and lots of questions – after President Donald Trump said Saturday a coronavirus quarantine might be needed for residents of their state, as well as New York and New Jersey.
Real Estate Firms Excluded from State Pandemic Loans
By The Associated Press | March 27, 2020 | Reprints | Unlock LinkConnecticut businesses and nonprofits harmed by the cononavirus pandemic can begin applying for short-term, no-interest loans. Real estate firms, however, are exempted.
Lamont Bans Gatherings of More than Five
By The Associated Press | March 27, 2020 | Reprints | Unlock LinkAmid a scarcity of tests for the coronavirus, Gov. Ned Lamont has issued a ban on gatherings of more than five people, a move likely to force an end to most open houses.
22K New Unemployment Claims Filed Last Week
By James Sanna | March 26, 2020 | Reprints | Unlock LinkTens of thousands of Connecticut residents filed for unemployment in the last two weeks according to new figures released by the U.S. Department of Labor Thursday morning, showing the rapid onset of the coronavirus pandemic’s economic effects.
Customer Service Now a Focus for Loan Servicers
By Lew Sichelman | March 26, 2020 | Reprints | Unlock LinkServicers have now figured out that it costs them a lot less money to reach out to their customers rather than wait for calls to come in.
Mortgage Apps Plunged as Coronavirus Hit in Force
March 25, 2020 | Reprints | Unlock LinkLast week was the first where the coronavirus suddenly became very real for much of America, and it shows in mortgage application data from the Mortgage Bankers Association.
Connecticut Reports ‘Unprecedented’ Unemployment Claims
By The Associated Press | March 25, 2020 | Reprints | Unlock LinkState workers in Connecticut are processing 20 times the number of unemployment claims they normally process, a deluge caused by the coronavirus, officials said Wednesday.
Deal Reached on $2T Virus Rescue Bill
By The Associated Press | March 25, 2020 | Reprints | Unlock LinkThe White House and Senate leaders of both major political parties announced agreement early Wednesday on an unprecedented $2 trillion emergency bill to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic.
Lamont OKs Remote Notarization of Documents
By James Sanna | March 24, 2020 | Reprints | Unlock LinkThe Connecticut real estate industry may be able to keep operating in the midst of the coronavirus pandemic, but getting documents notarized as part of sales has emerged as a challenging issue.
Against Expert Opinion, Trump Seeks to Reopen U.S. in 15 Days
By The Associated Press | March 24, 2020 | Reprints | Unlock LinkAs cases of coronavirus rise, President Donald Trump said that he wants to reopen the country for business in weeks, not months, and claimed, without evidence, that continued closures could result in more deaths than the pandemic itself.
Fannie, Freddie OK Exterior-Only, Desktop Appraisals
March 23, 2020 | Reprints | Unlock LinkAppraisers worried about being exposed to COVID-19 while evaluating a house received some welcome news from Fannie Mae and Freddie Mac this morning.
Lamont Orders ‘Non-Essential’ Businesses to Close or Work from Home
By The Associated Press | March 23, 2020 | Reprints | Unlock LinkConnecticut Gov. Ned Lamont on Friday signed an executive order that requires all “non-essential” businesses and nonprofit organizations, to shut down or have workers their employees to work from home, through April 22.
Conn. Moves State Tax Deadline Because of Virus
By The Associated Press | March 23, 2020 | Reprints | Unlock LinkConnecticut has extended the deadline for filing personal state income tax returns to July 15 because of the coronavirus outbreak.
National Landlord Trade Group Recommends 90-Day Eviction Halt
March 23, 2020 | Reprints | Unlock LinkA trade group representing the country’s multifamily landlords says all managers and owners of apartments should consider halting evictions of any tenant out of work or with reduced income thanks to the coronavirus pandemic.
Tax Day Filing Deadline Delayed
By The Associated Press | March 20, 2020 | Reprints | Unlock LinkTreasury Secretary Steven Mnuchin says the Trump administration has decided to push the federal income tax filing date to July 15 from April 15. Mnuchin announced the decision in a tweet Friday saying that at President Donald Trump’s direction “we are moving Tax Day...
How Long Will America Be Fighting the Coronavirus?
By The Associated Press | March 19, 2020 | Reprints | Unlock LinkIn a matter of days, millions of Americans have seen their lives upended by measures to curb the spread of the new coronavirus.
Foreclosures Suspended for GSE, FHA Mortgages
March 19, 2020 | Reprints | Unlock LinkHomeowners with mortgages backed by Fannie Mae and Freddie Mac won’t have to worry about foreclosures or evictions during the coronavirus crisis.
Advertisement
