Madison Real Estate News
Real Estate news for Madison, CT continually updated from thousands of sources.
Nov 5, 2014 | via Patch.com
Today, Malgorzata Karas-Golka, also known as "Margaret," 46, of Newington, pleaded guilty to one count of bank fraud related to the scheme and, on Nov. 3, Carmelinda Marotta, also known as "Linda," 45, of Manchester, pleaded guilty to bank fraud, as well. According to court documents and statements made in court, from approximately June 2005 to July 2010, Filippos Milios, Karas-Golka, Marotta and others conspired to defraud banks and mortgage lenders in obtaining dozens of mortgages for the sale of properties owned by Milios, Karas-Golka and others. Comment?
May 23, 2014 | via The Hartford Courant
A Hartford police detective who pleaded guilty earlier this month to charges that he stole nearly $30,000 in pistol permit application fees told internal affairs investigators he spent the money on mortgage and car payments. Comment?
Monday Dec 8 | via Banker & Tradesman
Economic activity in New England continued its modest, if sometimes uneven, expansion ahead of the winter months, which dampened growth last year. According to the Federal Reserve's latest Beige Book, the First District, which encompasses all of New England except for Connecticut's Fairfield County, saw year-over-year sales and revenue increases in retail and manufacturing contacts, net hiring in more robust fields and pay levels rising somewhat for temporary workers. Comment?
Wednesday Dec 3 | via News Times
Waterfront homes in southwestern Connecticut, those shoreline gems that give the region its Gold Coast reputation, are back in favor following a slump prompted by the recession and hurricanes, according to a new report from William Pitt Sotheby's International Realty. "The real estate market for waterfront homes has been in flux for the last six years," said William Pitt Sotheby's CEO Paul Breunich. Comment?
Oct 29, 2014 | via National Mortgage News
Washington Trust Bancorp is eager to dip its toe in the water when it comes to Fairfield County, Conn., but the company is reluctant to take a full plunge into that booming market. The $3.4 billion company, based in Westerly, R.I., opened a mortgage lending office in Darien less than a month ago, prompting speculation that the move would pave the way for more branches or an acquisition. Comment?
Oct 21, 2014 | via Norwalk Citizen News
Westby is a Thomaston lawyer and former Marine who opposes Connecticut's new gun law, would scrap the Common Core education standards and says the office of state attorney general has become a meddling, anti-business operation that needs to be reined in. "One of the things I want to do to make the state more business friendly, and that means an attorney general's office that isn't out to get them," Westby said. Comment?
Oct 21, 2014 | via Examiner.com
Peter Lumaj, the Republican and Independent Party nominee for Connecticut Secretary of the State, called on Secretary Denise Merrill this evening to publicly condemn Democratic State Representative Victor Cuevas for his involvement in the latest corruption and voter fraud scandal to hit the Capitol - Cuevas is accused of both mortgage fraud as well as voter fraud. An Affidavit of Complaint filed with the SEEC on October 8th, 2014 alleges that Representative Cuevas served in the General Assembly representing Waterbury's 75th district, while maintaining his primary residence in Bristol. Comment?
5 min ago | via Reuters
Tech-focused private equity firm Spectrum Equity is acquiring control of ExactBid, a private company that makes software for the commercial real estate sector, according to sources close to the matter. More than 30 percent of U.S. real estate appraisals are done through software owned by ExactBid called RIMS, which counts hundreds of banks as paying customers, according to its website. Comment?
6 min ago | via Examiner.com
Shopping for a home mortgage is one of the most complicated financial processes that many people ever go through. There are several ways to find a mortgage, but the most common methods are to look for a mortgage with several different mortgage lenders or mortgage brokers. Comment?
6 min ago | via The Standard
China's property sector continued to cool in November, but the declines have been narrowing on the support of government policy adjustments, official data showed on Thursday. New home prices in 67 out of 70 major cities reported month-on-month drops last month, the National Bureau of Statistics said, whereas prices in the cities of Hefei, Nanjing and Shenzhen remained flat. Comment?
7 min ago | via MarketWatch
The average price of new homes in 70 Chinese cities continued to fall in November, signaling the decline in home prices hasn't run its course. But on a month-over-month basis, average home prices fell at a slower pace, as some developers started to rein in discounts after Beijing unexpectedly cut interest rates and eased mortgage rules nationwide. Comment?
9 min ago | via Asbury Park Press
U.S. Senators Robert Menendez and Cory Booker visit Sayreville Wednesday where they announce a task break for Sandy victims. Comment?
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