by James Sanna | Mar 27, 2024 | Banking & Lending, CR Daily, Industry News
2023 was a tough year for many kinds of real estate lending last year, but banks, credit unions and mortgage companies active in Connecticut put in a strong showing, with some even managing to increase their loan totals year-over-year.
by Diane McLaughlin | Mar 30, 2023 | Banking & Lending, Industry News
As mortgage rates drove down refinance activity last year, some of the state’s top lenders saw their long-term strategies bear fruit as they competed for a limited number of homebuyers still in the market.
by Diane McLaughlin | Mar 17, 2022 | Banking & Lending, CR Daily, Industry News
With low rates driving mortgage refinance activity again last year, lenders also saw a strong demand for purchase mortgages as lifestyle changes brought on by the pandemic continued to drive prospective homebuyers.
by Diane McLaughlin | Mar 18, 2021 | Banking & Lending, Industry News, Top Lenders
Lenders saw refinance activity in Connecticut double in 2020 compared to 2019, with more than $26.25 billion in residential refinancing, according to The Warren Group, publisher of The Commercial Record. The number of loans originated in the state rose by 74 percent compared to 2019 to more than 89,000 loans.
by Diane McLaughlin | Mar 19, 2020 | Banking & Lending, Industry News, Top Lenders
Once mortgage rates dropped by more than 50 points over May and June last year, whatever lenders had forecast at the beginning of the year, they soon pivoted, leading to one of the biggest surges in refi activity since the Great Recession.
by Bram Berkowitz | Jul 11, 2019 | Banking & Lending, Industry News
Despite a contracting mortgage market, some leading providers of loans guaranteed by the U.S. Department of Veteran Affairs and Federal Housing Administration managed to retain their positions in these categories, according to a new report from The Warren Group, publisher of The Commercial Record.
by Bram Berkowitz | Mar 21, 2019 | Banking & Lending, Industry News, Special Sections, Top Lenders
We’ve compiled the top 10 mortgage lenders among Connecticut’s credit unions, banks and mortgage companies, ranked by number of loans and loan volume in several origination categories. Was your bank, credit union or mortgage company a Top Lender in 2018?
by Laura Alix | Apr 20, 2017 | Banking & Lending, Top Lenders
Connecticut lenders benefited from demand for rental housing last year, while the residential market remained largely flat, save for a few of the very biggest players in last year’s Top Lenders.