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Connecticut Banks

Senate confirms Lisa Cook as first black woman on Federal Reserve Board

Nancy P. Nelson May 10, 2022
Connecticut Loans

Hot real estate market highlights need for bilingual real estate…

Connecticut Lending

Website says Montana is the sixth worst place to be a cop in the US

Connecticut Banks

Facing death? There is an application for that

Connecticut Loans

Financial investigation of NBT Bancorp (NASDAQ:NBTB) and Northwest…

Connecticut Mortgages

MBA forecast calls for higher house prices and mortgage rates

Nancy P. Nelson May 6, 2022
According to the new MBA Purchase Request Payment Index (PAPI), homebuyer affordability declined in March, with the national median payment requested by applicants rising 5% to $1,736 from $1,653 in february. An increase in the…
Connecticut Banks

On Day 72 – Wild Power in Connecticut

Nancy P. Nelson May 6, 2022
swamp river for river pathCold Swamp Camp for Cucumber Dill Le Croix CampAT miles: 25.1Total mileage: 1485.2Altitude change: Gain of 6112 feet, loss of 6089 feet Somewhere along the way, I had the idea that Connecticut was going to be an…
Connecticut Loans

NHPS tackles teacher shortage | New Haven, Crest CT

Nancy P. Nelson May 6, 2022
By Maya McFadden, New Haven IndependentMay 6, 2022 Future teachers discovered the opportunities in New Haven classrooms, as New Haven schools seek to fill 100 classroom vacancies by partnering with local colleges and universities to help…
Connecticut Mortgages

Connecticut Launches Homeowner Assistance Program, Part of Pandemic Relief | Connecticut and area

Nancy P. Nelson May 6, 2022
Months after launching its pilot program, Connecticut's comprehensive assistance program for homeowners who…
Connecticut Lending

CT launches homeowner assistance program, part of pandemic relief

Nancy P. Nelson May 5, 2022
Months after launching its pilot program, Connecticut's comprehensive assistance program for homeowners who have been financially impacted by COVID-19 is now open for applications. It is intended to avoid foreclosures for…
Connecticut Banks

CT Lawmakers Spend June 16 Holiday, But Slavery Comments Spark Backlash

Nancy P. Nelson May 4, 2022
HARTFORD — Connecticut lawmakers voted Wednesday to make June 16 an official holiday, following a lengthy debate that ignited passions over remarks by a conservative lawmaker about including slavery in the Constitution.The June 19 holiday,…
Connecticut Loans

How to Save More When Inflation Makes Your Money Matter Less

Nancy P. Nelson May 4, 2022
When it comes to purchasing power, inflation means things cost more and your money loses value. When a period of high inflation hits - like right now - you may want to consider changing the way you manage your finances to help protect the…
Connecticut Lending

This graph shows how a home sale benefits Maine’s economy.

Nancy P. Nelson May 3, 2022
Buyers and sellers benefit from home sales, but moving costs, insurance costs and furniture purchases have an additional economic impact on Maine businesses. According to a report published last week by the National Association…
Connecticut Banks

Asian stocks mixed as Australia hikes interest rates

Nancy P. Nelson May 3, 2022
Asian stocks were mixed on Tuesday after Australia's central bank raised its key interest rate for the first time since 2010.Trading was light, with markets in mainland China, Japan and some other countries closed for the holidays.…
Connecticut Loans

Nonprofit CT works to make sure small businesses get a boost

Nancy P. Nelson May 2, 2022
This week is National Small Business Week. HARTFORD, Conn. — A Hartford nonprofit helps local small businesses get started in the business world. Al Gary spends a lot of his…
Connecticut Lending

State’s only black female DA announces resolution of decades-old cold case

Nancy P. Nelson May 2, 2022
By Antonio Ray Harvey, California Black Media Contra Costa District Attorney Diana Becton, California's only black DA, recently joined state Attorney General Rob Bonta and acting Richmond Police Chief Louie Tirona to announce…
Connecticut Banks

For 40 years, these two men have been keeping New Haven’s waterways clean

Nancy P. Nelson May 1, 2022
NEW HAVEN - Their relationship has lasted 40 years.It is the one based on a common mission: to keep the city's waterways and their banks clean, to remove tires, shopping carts and rubbish every day. Peter Davis, who was…
Connecticut Loans

Comparison of Richmond Mutual Bancorporation (NASDAQ:RMBI) and Bankwell Financial Group…

Nancy P. Nelson Apr 30, 2022
Richmond Mutual Bancorporation (NASDAQ:RMBI – Get Rating) and Bankwell Financial Group (NASDAQ:BWFG – Get Rating) are both small cap finance companies, but which is the best investment? We'll compare the two!-->…
Connecticut Lending

Privatize tax collection from overdue states? Here’s why Connecticut lawmakers say not so…

Nancy P. Nelson Apr 30, 2022
Governor Ned Lamont's administration wants to sell the state's outstanding tax debt to private collection agencies, but the General Assembly isn't ready to go along with that — at least not yet.The House of Representatives amended a bill…
Connecticut Mortgages

Torrington families invited to apply for Habitat for Humanity home

Nancy P. Nelson Apr 30, 2022
LAKEVILLE – Habitat for Humanity of Northwest Connecticut is now accepting applications from eligible families interested in home ownership in Torrington. The deadline to apply is May 31.“Construction of the house on Hemlock Road in…
Connecticut Banks

CoreChain Raises $4.2M to Offer Blockchain-Based B2B Payments to Enterprise Clients

Nancy P. Nelson Apr 29, 2022
CoreChain announced that it had secured $4.2 million in seed funding. The round was led by Ulu Ventures with participation from other existing investors including Connecticut Innovations, Bloccelerate VC and New Form Capital, as…
Connecticut Loans

Rutgers turned down the chance to write off at least $2 million in student loans. Why?

Nancy P. Nelson Apr 29, 2022
For his final semester at Rutgers in 2018, Reet Starwind completed a semester abroad, ending with a two-and-a-half-week visit to Ireland. Because his mother worked in the Rutgers system, he received free lessons and hadn't realized there…
Connecticut Mortgages

Now is not the time to turn away from the real estate market

Nancy P. Nelson Apr 29, 2022
It's no secret that the housing market is a bit wild right now, maybe even volatile. But that's no reason to be discouraged in the search for the ideal home. With a little patience, everything falls into place. A local real estate agent…
Connecticut Lending

RCR Event Preview – Dover Motor Speedway

Nancy P. Nelson Apr 28, 2022
United Rentals This Week's Chevrolet Camaro SS at Dover Motor Speedway... Hill will make his first start at Dover Motor Speedway in the NASCAR Xfinity Series competition on Saturday afternoon. He scored two top 10 finishes in six Truck…
Connecticut Banks

Launch from the South Coast at 10 Great Summer Daycation Spots

Nancy P. Nelson Apr 28, 2022
The high cost of planes, trains and even automobiles is making traveling away from home quite prohibitive this summer, so many people are looking for fun destinations closer to home.Here are some suggestions.Don't let high gas prices and…
Connecticut Loans

Forget Student Debt Relief, Fund Nonprofits Better | Chris Powell

Nancy P. Nelson Apr 27, 2022
Count on the Connecticut state government to misdiagnose a problem if it can make it easier to reward an…
Connecticut Mortgages

Brainard wins Senate confirmation to be Fed Vice Chairman

Nancy P. Nelson Apr 26, 2022
WASHINGTON (AP) — The Senate on Tuesday confirmed the nomination of Lael Brainard to a four-year term as vice chairman of the Federal Reserve, elevating her to the Fed's No. the central bank's toughest fight against inflation in four…
Connecticut Lending

This private equity fund was the most popular among pensions last year

Nancy P. Nelson Apr 26, 2022
With a high-flying 2021 in the private markets rearview mirror, a new study looks back at the most active asset class allocators — and their favorite managers. California's public employee retirement system…
Connecticut Banks

‘Nips’ sales hit 152,000 in Bethel, town relies heavily on deposits

Nancy P. Nelson Apr 25, 2022
BETHEL, CT — Ditch it for that tiny little bottle of booze, the "nip."Picked up by school kids to be shared behind the bleachers, and scooped up from hotel mini-bars by expense-fueled business travelers, these 50ml tastes have become…
Connecticut Banks

Generations later, the rights of people conceived by donation become law

Nancy P. Nelson Apr 23, 2022
Colorado Senate President Steve Fenberg just introduced groundbreaking donor design rights legislation. Although centered in Colorado, this legislation could affect the multi-billion dollar fertility industry and the tens of thousands…
Connecticut Mortgages

What’s Up With Cannabis Stocks For The Week Ending 4/22/22 – New Cannabis Ventures

Nancy P. Nelson Apr 22, 2022
Here are some of this week's highlights for 420 names on the Investor Guidance List: AAWH has launched adult sales at the Rochelle Park Dispensary in New Jersey. AYRWF announced the launch of the premium flower Kynd in Florida.!-->…
Connecticut Lending

InterPrivate III Financial Partners (NYSE: IPVF) and Interactive Brokers Group (NASDAQ: IBKR)…

Nancy P. Nelson Apr 22, 2022
Financial Partners InterPrivate III (NYSE: IPVF – Get a rating) and Interactive Brokers Group (NASDAQ: IBKR – Get a rating) are both IT and technology companies, but which is the best investment? We will compare!-->…
Connecticut Banks

5 market niches banks are reaching with technology

Nancy P. Nelson Apr 22, 2022
Drawing inspiration from the challenger banks playbook, traditional banks and credit unions focus on niches stand out in a mass of competitors.“Brands are normally more effective when they are tied to affinity,” said Sam Kilmer, fintech…
Connecticut Loans

Ex-state lawmaker released from jail for community confinement

Nancy P. Nelson Apr 21, 2022
April 21, 2022Updated: April 21, 2022 09:13 State Representative David Nangle attends a rally September 20, 2019 in Lowell, Mass. The Lowell Sun reported that the Federal Bureau of!-->…
Connecticut Lending

Proponents of direct selling say car dealership model hurts minority customers

Nancy P. Nelson Apr 20, 2022
On Wednesday, Connecticut activists and two lawmakers raised concerns about the high costs and hidden fees they say minority customers face when buying cars from dealerships, as they try to mobilize support for legislation which will allow…
Connecticut Mortgages

The Bristol Press – Plainville will hold a public workshop on the Affordable Housing Plan

Nancy P. Nelson Apr 20, 2022
PLAINVILLE – A public workshop on the Affordable Housing Plan will be held on April 26 at the Civic Center. The event will begin at 7:30 p.m. in the City Council Chambers in Room 304 of the Civic Center at 1 Place Centrale. The workshop…
Connecticut Banks

Attorney General calls for elimination of overdraft fees | Pocono Update

Nancy P. Nelson Apr 19, 2022
Customer using an ATMImage courtesy of PixabayBy Jared AcostaPennsylvania Attorney General Josh Shapiro has joined a coalition of attorneys general seeking to eliminate bank overdraft fees.The group of state attorneys general released a…
Connecticut Lending

The racial homeownership gap in Pittsburgh is widening. What can be done to fix it?

Nancy P. Nelson Apr 18, 2022
DeOndra Parker, a single mother who lived on the North Side, hadn't originally planned to move from her two-bedroom apartment to a new house last year. But with a 2-year-old and another child on the way, Parker said she was…
Connecticut Banks

The Bristol Press – Volunteers remove invasive plants to improve habitat for endangered birds…

Nancy P. Nelson Apr 17, 2022
BRISTOL - In an effort to encourage better nesting sites for Connecticut's endangered grasshopper sparrow, several volunteers from various environmentally conscious organizations have come together to clean the Roberts Property Park area of…
Connecticut Loans

Themis Klarides raises the most; Leora Levy lends herself more – Hartford Courant

Nancy P. Nelson Apr 16, 2022
Themis Klarides raised more money in the first three months of 2022 than any other Republican U.S. Senate candidate in Connecticut, while rivals Leora Levy and Peter Lumaj relied more on personal loans than contributions.Campaign reports…
Connecticut Mortgages

Here’s the new cost of a mortgage in every US state

Nancy P. Nelson Apr 16, 2022
Mortgage rates rose from 3.22% in January to 4.67% in April, reducing affordability. In some states, average monthly housing costs have increased by more than…
Connecticut Banks

Asian stocks fall, trading muted with Good Friday holiday

Nancy P. Nelson Apr 14, 2022
TOKYO (AP) — Asian stocks fell in muted trading as markets closed for Good Friday and other holidays.Benchmarks fell in Tokyo, Seoul and Shanghai. Sydney, Sydney, Manila, Bangkok and Hong Kong were among the markets observing public…
Connecticut Loans

Connecticut subsidiary Green Bank launches second investment offering via Raise Green… | News

Nancy P. Nelson Apr 14, 2022
Hartford, Connecticut, April 14, 2022 (GLOBE NEWSWIRE) -- CGB Green Liberty Notes LLC, a subsidiary of…
Connecticut Mortgages

Guaranteed rate, Geneva Financial, AAG add new leaders

Nancy P. Nelson Apr 13, 2022
…
Connecticut Lending

Chelsea Groton Bank Annual Report Press Release

Nancy P. Nelson Apr 13, 2022
Groton, Connecticut, April 13, 2022 (GLOBE NEWSWIRE) -- (GROTON, Connecticut) – April 12, 2021 -- Chelsea Groton Bank reported impressive financial, educational, technical and community achievements at its 167th Annual Meeting at Mystic…
Connecticut Banks

Middlesex County Student News for April 2022

Nancy P. Nelson Apr 12, 2022
ATHENS, Ohio — Andrew Naccarato, a student at The Russ College of Engineering and Technology at Ohio University, Westbrook, has been named to the fall 2021 deans list. University of the Delaware Valley…
Connecticut Loans

March inflation likely hit 40-year high

Nancy P. Nelson Apr 12, 2022
WASHINGTON (AP) — With the costs of food, gas, housing and other necessities steadily rising, crushing consumers and threatening the economy, inflation in the United States has likely hit a new high. four-decade high in March.The…
Connecticut Mortgages

Opinion: Supporting financial literacy education

Nancy P. Nelson Apr 11, 2022
Since my initial involvement with Junior Achievement of Greater Fairfield County as an after-school program volunteer sponsored by Aquarion Water Co., I have witnessed the direct impact Junior Achievement has had on generations of students…
Connecticut Lending

The Federal Reserve Bank of New York takes a step forward for diversity and inclusion

Nancy P. Nelson Apr 10, 2022
The New York Fed takes a step forward for diversity and inclusion The Federal Reserve Bank of New York | Buck Ennis Wall Street's average bonus hit a record high of $258,000 last year, but what's even more amazing is how little the…
Connecticut Banks

Look at paychecks, not pump prices

Nancy P. Nelson Apr 10, 2022
Up to Covid, diaper banks across the US have increased their contributions of diapers to communities by 86%, and we have no plans to reduce, as the need has not diminished alongside the daily positivity rate . There are, of course, new!-->…
Connecticut Loans

S&P downgrade signals Russia heading for historic default

Nancy P. Nelson Apr 9, 2022
BOSTON (AP) — Ratings agency Standard & Poor's has downgraded its assessment of Russia's ability to repay its external debt, signaling growing prospects that Moscow will soon default on its external loans for the first time since more…
Connecticut Lending

M&T officially owns People’s United Bank. What shall we do now?

Nancy P. Nelson Apr 9, 2022
BRIDGEPORT — It took more than a year for New York-based M&T Bank to acquire Bridgeport-headquartered People's United Bank.With this process officially concluded earlier this month, it remains to be seen what this means in terms of…
Connecticut Loans

committee invests in child care, ignores unemployment debt |

Nancy P. Nelson Apr 8, 2022
The General Assembly Appropriations Committee approved a $24.2 billion budget on April 7 for fiscal year 2023, increasing spending by 8% from current levels. The committee's budget remains under the statutory spending…
Connecticut Lending

Senators say the Pentagon must do more to help Ukraine defeat Russia

Nancy P. Nelson Apr 7, 2022
In another sign of bipartisan impetus to do more to arm Ukraine, the Senate on Wednesday passed by voice vote a bill from Democrats Benjamin L. Cardin of Maryland and Jeanne Shaheen of New Hampshire and Republicans Wicker and John Cornyn of…
Connecticut Mortgages

Waterford Police issue warning over foreclosure scam

Nancy P. Nelson Apr 7, 2022
WATERFORD, CT – Police are issuing a warning about a scam that involves letters telling homeowners their homes are going to be foreclosed. Police wrote in a Facebook post: "These smart scammers never stop, do they? Do yourself a favor...if…
Connecticut Loans

Aggressive inflation-fighting measures signaled by Federal Reserve – NBC Connecticut

Nancy P. Nelson Apr 6, 2022
Federal Reserve officials signal they will take an aggressive approach to tackling high inflation in the months ahead - actions that will make borrowing significantly more expensive for consumers and businesses and increase…
Connecticut Mortgages

Average down payment on a house

Nancy P. Nelson Apr 6, 2022
Conventional wisdom dictates that buyers must put down at least 20% down payment to be successful in buying a home. While it is true that some properties may require such a change from the start, 20% is hardly the do or die requirement…
Connecticut Banks

Stocks fall on Wall Street as tech slips and bond yields jump

Nancy P. Nelson Apr 5, 2022
Shares fell in morning trading on Wall Street on Tuesday as investors monitor the latest developments around Russia's war on Ukraine and prepare for the next round of corporate bulletins.The S&P 500 fell 0.6% at 10:22 a.m. Eastern. The…
Connecticut Loans

Stacey Abrams reaches millionaire status ahead of 2nd campaign

Nancy P. Nelson Apr 5, 2022
ATLANTA (AP) — When Democrat Stacey Abrams first ran for governor of Georgia in 2018, her lackluster personal finances and hefty IRS bill left Republicans wondering how she could manage. a state budget when she was struggling with her own…
Connecticut Lending

Small businesses in need of a loan find banks stingy

Nancy P. Nelson Apr 4, 2022
NEW YORK (AP) — Small businesses are still struggling with the pandemic and now high inflation — and they're finding it difficult to get a loan to help them with day-to-day tasks.A survey recently released by the Federal Reserve shows how…
Connecticut Mortgages

These 4 Anti-Inflation Stocks Pay Monthly Dividends

Nancy P. Nelson Apr 2, 2022
…
Connecticut Banks

What future for European natural gas during the war?

Nancy P. Nelson Apr 2, 2022
Russian President Vladimir Putin demands payment in rubles for natural gas – or whatever. Germany speaks of gas rationing in the event of a cut. Prices for fuels used to heat homes, generate electricity and generate electricity are on the…
Connecticut Lending

Mortgage Co. can’t dodge CFPB’s misleading loan applications

Nancy P. Nelson Apr 1, 2022
By Charlie Innis (April 1, 2022, 7:40 p.m. EDT) — A now-shuttered mortgage company is facing the bulk of Consumer Financial Protection Bureau allegations that it misled customers and authorized employees not licensed to take out…
Connecticut Loans

House passes landmark marijuana legalization bill, heads to Senate – NBC Connecticut

Nancy P. Nelson Apr 1, 2022
The House on Friday passed legislation that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes or possesses the substance. Lawmakers approved Measure 220-204 in a…
Connecticut Mortgages

Would a wealth tax in Philadelphia unintentionally hurt our middle class?

Nancy P. Nelson Apr 1, 2022
We are still 18 months from the election of a new mayor and municipal Council, but silly season is already upon us. Believe me, the fingertip shenanigans and calculations have already begun. Over the past few weeks, we've seen…
Connecticut Lending

Milford Police Department diversifies workforce with 30-of-30 commitment – NBC Connecticut

Nancy P. Nelson Apr 1, 2022
The Milford Police Department is working to increase the number of female officers in its ranks. This is part of a 30 by 30 initiative. The pledge is part of a national campaign to increase the number of women in police…
Connecticut Banks

Watching the Men’s Final Four, National Championship Game Records – NBC Connecticut

Nancy P. Nelson Mar 30, 2022
As for the Men's Final Four, National Championship match records originally appeared on NBC Sports Bayarea Big players make big plays in big games. This adage is especially true when it comes to the NCAA Men's…
Connecticut Loans

Transit Funding, Cannabis Business Loans, Manufacturing on State Bond Commission Agenda

Nancy P. Nelson Mar 30, 2022
The State Bonds Commission will review millions of dollars in economic development efforts at its Thursday meeting, including money for highways and bridges; public transport infrastructure; low-interest loans for…
Connecticut Mortgages

Ion Bank and Lincoln 1st Bank Amend Merger Agreement

Nancy P. Nelson Mar 29, 2022
Amendment sets merger cash consideration at $10.10 per share NAUGATUCK, CT and PINE BROOK, NJ/ACCESSWIRE/March 29, 2022/ Ion Financial, MHC, parent company of Connecticut-based Ion Bank, and Lincoln Park Bancorp, MHC, mutual holding…
Connecticut Loans

The Recorder – CISA administers $110,000 in loans to help farms recover from summer storms

Nancy P. Nelson Mar 28, 2022
Published: 03/27/2022 22:57:12 Modified: 03/27/2022 22:56:16 SOUTH DEERFIELD — Community Involved in Sustaining Agriculture (CISA) has provided interest-free loans to eight local farms that were hard…
Connecticut Banks

Peacocks’ incredible run ends in loss to UNC

Nancy P. Nelson Mar 27, 2022
March 28, 2022, 12:29 a.m.Updated 7 hours agoBy: Associated PressPHILADELPHIA (AP) — Saint Peter coach Shaheen Holloway pulled his starters off the field as the seconds ticked away and didn't let them wallow in defeat. The Peacocks have…
Connecticut Mortgages

CT couple smuggle parents out of Ukraine as they train defense forces

Nancy P. Nelson Mar 27, 2022
BRANFORD — When your parents live in a war zone, it's personal.So Iryna Solomko and her husband, Adrian Bonenberger, decided that they had to get her parents out of kyiv, the capital of Ukraine, once the Russians invaded, even though her…
Connecticut Banks

1st seeded No. 5 Saint Peter in Elite Eight, edges out Purdue 67-64

Nancy P. Nelson Mar 26, 2022
March 26, 2022, 03:18Updated 46 months agoBy: News 12 StaffDaryl Banks III scored the tying and go-ahead baskets that pushed 15th-seeded Saint Peter's to the brink of the Final Four, with the tiny Peacocks taking advantage of homecourt…
Connecticut Loans

What will the state’s pandemic unemployment debt cost employers? |

Nancy P. Nelson Mar 25, 2022
"What will be the financial impact on businesses of repaying all of the federal loans taken out to shore up the state's Unemployment Trust Fund?" That's the question Appropriations Committee Co-Chair Sen. Cathy Osten…
Connecticut Mortgages

National median mortgage payment increases month over month

Nancy P. Nelson Mar 24, 2022
the Mortgage Bankers Association (MBA) has launched a new Affordability Index aimed at measuring how new mortgage payments vary over time relative to their income. The new monthly index, called the Purchase requisition…
Connecticut Lending

Buying a house in CT? Here’s how to make stronger deals, according to real estate agents

Nancy P. Nelson Mar 24, 2022
"A good real estate agent will never tell you what number you should post," she said. “It will be a balance between the price and the terms that you offer. Finding other ways to be competitive is extremely important on the…
Connecticut Banks

Asian stocks follow Wall St lower as oil prices rise

Nancy P. Nelson Mar 24, 2022
Stocks fell Thursday in Asia after a retreat on Wall Street as crude oil prices rose sharply.Tokyo, Hong Kong and Shanghai were down while Sydney rose slightly. US futures rose and benchmark US crude oil was trading near $116 a barrel.…
Connecticut Lending

4 regional bank stocks rooted for further rate hikes

Nancy P. Nelson Mar 22, 2022
The Federal Reserve recently announced a much-anticipated interest rate hike – a 25 basis point hike that is expected to be only the first of several this year. The ferocity of the Fed is expected to be a boon for the financial sector,…
Connecticut Mortgages

Fannie Mae Sets Price for $1.2 Billion REMIC Deal with Connecticut Avenue Securities (CAS)

Nancy P. Nelson Mar 22, 2022
WASHINGTON, March 22, 2022 /PRNewswire/ -- Fannie Mae FNMA at prices Connecticut Avenue Securities® (CAS) Series 2022-R03, approx. $1.2 billion note offering that represents Fannie Mae's third CAS REMIC® operation of the year. CAS is…
Connecticut Banks

Bankwell Financial: loan book focused on home and business loans

Nancy P. Nelson Mar 22, 2022
Rabbit/iStock via Getty Imagesintroduction Bankwell Financial Group (NASDAQ: BWFGlisten)) is the owning holding company of Bankwell Bank, operating in Connecticut. The bank's balance sheet is mostly made up of loans tied to commercial…
Connecticut Loans

North Carolina federal jury convicts father and son of aiding viral businesses

Nancy P. Nelson Mar 19, 2022
CHARLOTTE, North Carolina (AP) — A father and son are now awaiting sentencing after a federal jury in North Carolina found them guilty of charges involving $1.7 million in pandemic business aid received by the father's businesses which the…
Connecticut Mortgages

The CT zip codes where home prices have risen the most during COVID

Nancy P. Nelson Mar 18, 2022
In the two years since the start of the pandemic, the inventory of homes for sale in Connecticut has shrunk while prices have soared. A surge of interest in Connecticut's real estate market has made already "desirable" places increasingly…
Connecticut Banks

Big Wall Street rally slows as oil climbs back above $100

Nancy P. Nelson Mar 17, 2022
NEW YORK (AP) — Wall Street's big two-day rally stalled on Thursday as oil prices rallied above $100 to keep pressure on inflation.The S&P 500 was up 0.4% in afternoon trading, having jumped more than 2% on each of the previous two days…
Connecticut Mortgages

KBRA Gives Fannie Mae CAS 2022-R03 Preliminary Ratings

Nancy P. Nelson Mar 17, 2022
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 65 classes of Connecticut Avenue Securities, Series 2022-R03 (CAS 2022-R03), a credit risk sharing transaction with a total note offering of $1,241,608,000. The pool…
Connecticut Loans

Florida couple plead guilty to $881,000 in COVID-19 relief fraud

Nancy P. Nelson Mar 17, 2022
March 16, 2022Updated: March 16, 2022 8:37 p.m. FORT MYERS, Fla. (AP) — A Florida couple have pleaded guilty to stealing nearly $900,000 in COVID-19 relief funds. Amber Bruey, 35, of Lehigh Acres, pleaded!-->…
Connecticut Loans

The housing market requires patience and bilingual real estate agents

Nancy P. Nelson Mar 14, 2022
Strong demand and low inventory of homes, while pushing up real estate prices in Connecticut and across the country, are also prompting potential buyers to be more informed and more patient.Leticia Rodríguez, a real estate agent at Keller…
Connecticut Mortgages

US office buildings face a $1.1 trillion obsolescence problem

Nancy P. Nelson Mar 14, 2022
One of the tallest office towers in St. Louis has lost 96% of its appraised value. Denver's former World Trade Center complex faces foreclosure. A vacant oil company workplace in Houston sold this year at a loss of $67.4 million…
Connecticut Banks

Inspired by the river, the settlers chose the name Atrisco

Nancy P. Nelson Mar 13, 2022
ALBUQUERQUE, NM (AP) - A busy street west of the river takes its name from a settlement that existed before Albuquerque was even an idea.Atrisco Drive — and the Atrisco Land Grant after which it is named — are a monument to the first wave…
Connecticut Mortgages

NIAGARA DISCOVERIES: Charity Davis Prudden | Lifestyles

Nancy P. Nelson Mar 12, 2022
Continuing the series on some of the pioneering women who called Lockport home but were often in the shadow…
Connecticut Banks

Oregon’s short legislative session comes to an end

Nancy P. Nelson Mar 11, 2022
A brief look at some of the activities of Western Washington County lawmakers during this year's short session in Salem. The Oregon Capitol building in Salem. Photo: Chas HundleyThe short 2022 session of the Oregon…
Connecticut Lending

In an about-face, liberal American cities target homeless camps

Nancy P. Nelson Mar 11, 2022
PORTLAND, Ore. (AP) — Makeshift shelters adjoin busy roads, tent cities line the sidewalks, tarps cover broken down cars and sleeping bags are stowed in store doors. The reality of the homelessness crisis in Oregon's largest city cannot be…
Connecticut Banks

Control planned expenses with sinking funds

Nancy P. Nelson Mar 10, 2022
In any given year, you probably have expenses you know are coming - holiday gifts, the family vacation you take every summer, annual homeowners association fees, or perhaps home renewals. membership. But just because these costs are…
Connecticut Loans

Oil Kings lead 12-game winning streak with 7-3 win over Tigers

Nancy P. Nelson Mar 10, 2022
MEDICINE HAT, Alta. - Josh Williams and Justin Sourdif scored two goals apiece as the Edmonton Oil Kings extended their winning streak to 12 games with a 7-3 win over the Medicine Hat Tigers.Kolby Hay made 21 saves in Edmonton's 42-11-3…
Connecticut Mortgages

Trump an outcast? New $100m bank loan suggests not

Nancy P. Nelson Mar 9, 2022
NEW YORK (AP) — A bank's decision to loan Donald Trump's company $100 million is the latest evidence the former president may survive fraud investigations and a business backlash over to his efforts to stay in power after losing the 2020…
Connecticut Banks

Ann Hart Obituary (2022) – Fairfield, CT

Nancy P. Nelson Mar 8, 2022
Ann Theresa McLaughlin Hart1928-2022Ann Theresa McLaughlin Hart, 93, of Fairfield, passed away peacefully on March 2, 2022 at Sunrise Assisted Living Center. Ann was born in Hartford on June 28, 1928, the daughter of John and Grace…
Connecticut Lending

Note: AltaOne is planning a new branch in Tehachapi | News

Nancy P. Nelson Mar 8, 2022
Ridgecrest-based AltaOne Federal Credit Union announced Tuesday plans to open a stand-alone branch in June…
Connecticut Loans

JV Sculptor Secures $145M in Funding for Senior Housing Portfolios

Nancy P. Nelson Mar 8, 2022
Image courtesy of Sculptor Real Estate Real Estate Sculptor and partners Peregrine Senior Living and Living Vitality secured $145 million in acquisition and capital improvement financing for two senior housing portfolios totaling 15…
Connecticut Lending

Inside 18 winter homes from the AD archives – from snowy cabins to chic chalets |…

Nancy P. Nelson Mar 7, 2022
Year-round Aspen Terrace"It's a combination of a half-timbered mountain lodge with the fine details of the Craftsman style," said architect Bill Poss of Aspen Residence he worked with Arthur Chabon and Buck Rodriguez. In addition to the…
Connecticut Banks

The Day – An old postcard inspires time travel

Nancy P. Nelson Mar 6, 2022
Recently a friend showed me a postcard of a group of young people enjoying a church picnic at Richards Grove in Quaker Hill. They seemed to be having such a good time that I half expected the back to say "Have fun." I wish you were!-->…
Connecticut Loans

The sports analyst crowd turns to data to fight diversity

Nancy P. Nelson Mar 5, 2022
BOSTON (AP) — The number crunchers beat the tee shot and brought a 3-point barrage to the basketball.Now they're tackling a more intractable – and important – problem: making the sport more inclusive. The MIT Sloan Sports…
Connecticut Banks

Federal Reserve Approves M&T’s Purchase of Connecticut Bank | Business premises

Nancy P. Nelson Mar 4, 2022
M&T's most recent acquisition, New Jersey-based Hudson City Bank, was completed in 2015, but that deal had been ongoing since 2012. The People acquisition marks a return to the type of deal that was a characteristic of M&T's growth…
Connecticut Loans

Your chances of getting rid of student debt depend on who you are

Nancy P. Nelson Mar 4, 2022
(The Conversation is an independent, nonprofit source of news, analysis, and commentary from academic experts.) Kelsey Lynne Hess, Florida International University; Andrea…
Connecticut Lending

Argentina strikes potential deal to refinance $45 billion debt

Nancy P. Nelson Mar 3, 2022
ALMUDENA CALATRAVA, Associated PressMarch 3, 2022Updated: March 3, 2022 4:56 p.m. Argentine Vice President Cristina Fernandez, left, and President Alberto Fernandez wave after attending!-->…
Connecticut Banks

Asian stocks rise after Fed chair backs lower rate hike

Nancy P. Nelson Mar 3, 2022
BEIJING (AP) — Asian stock markets rebounded on Thursday and oil prices rose after the head of the Federal Reserve said he supported a lower interest rate hike than some had expected.Shanghai, Tokyo, Hong Kong and Sydney advanced even as…
Connecticut Loans

New Mexico lowers interest rate cap for storefront loans

Nancy P. Nelson Mar 2, 2022
March 2, 2022Updated: March 2, 2022 2:41 p.m. 1of3Governor Michelle Lujan Grisham gives a high-five!-->!-->!-->!-->!-->…
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