New Haven Real Estate News
Wednesday May 13 | via Channelnewsasia.com
A federal appeals court on Wednesday signaled a willingness to overturn part or all of the conviction of a former Jefferies Group Inc trader accused of defrauding investors after the financial crisis by lying about mortgage bond prices. Jesse Litvak, a former managing director at Jefferies Group Inc., walks to U.S. District Court in for his hearing New Haven, Connecticut July 23, 2014. Comment?
Friday May 8 | via WTNH
The Attorney for the District of Connecticut announced that Gabriel Serrano, of West Hartford, was sentenced today by Judge Alvin W. Thompson to 12 months and one day of imprisonment, followed by five years of supervised release, for his role in an extensive mortgage fraud scheme. Serrano, a former attorney, was a partner at the law firm of Serrano & Serrano, LLC in West Hartford until Dec. 2013 when he was suspended from the bar. Comment?
Friday May 1 | via The Day
Sales of single-family homes in Connecticut increased by 6.1 percent last month compared to the same period a year ago, a state real estate trade group reported Thursday. There were 2,015 homes sold last month, according to the group Connecticut Realtors, compared to 1,899 in March 2014. Comment?
Monday Apr 27 | via GlobeNewswire
Washington Trust's Commercial Real Estate Group recently financed the acquisition of a 10,270 square foot office building located directly off of the Merritt Parkway in Milford, CT. The single floor layout of the space, along with its convenient accessibility to Interstate's 95 and 91, the Merritt Parkway and Metro North line offer an attractive space for tenants within New Haven county's prevalent medical industry. Comment?
Thursday Apr 23 | via CTNow.com
A Newington woman accused in a mortgage fraud conspiracy was sentenced on Thursday to 21/2 years in prison and five years of supervised release, according to the U.S. Attorney's Office. Malgorzata Karas-Golka, 46, also was ordered to pay $166,500 in restitution. Comment?
Friday | via The Hartford Courant
Home sales in Connecticut jumped nearly 7 percent in April, but prices failed to rise as in the previous month, a new report Friday shows. The median sale price of a single-family house - where half the sales area above, half below - fell 4.7 percent, to $237,900, from $249,700 for the same month a year ago, according to the Connecticut Association of Realtors. Comment?
Apr 8, 2015 | via Community Advocate Newspaper
United Bank has announced that it has launched a unique and innovative 12-month program called PATH Plus that is designed to provide the three keys to homeownership - education, savings and mortgage benefits - to eligible individuals and families who qualify through only approved Massachusetts and Connecticut-based nonprofit organizations. United Bank's PATH Plus program directly assists low-to-moderate income individuals or families achieve their dream of homeownership by providing free financial education on home buying and money management and establishing a savings program that requires participants to open a United Bank savings account. Comment?
Mar 31, 2015 | via New Haven Independent
The foreclosure crisis has receded from the headlines, but it remains real for tens of thousands of Connecticut families - who should check into a lifeline that Willona Ferguson caught. That was the message delivered Tuesday morning at one of New Haven's rescue spots: Neighborhood Housing Services , a not-for-profit builder that since 2009 has also helped people avoid foreclosure through a HomeOwnership Center. Comment?
Oct 7, 2014 | via MyFoxNY
The Connecticut home of the man who carried out the 2012 massacre at Sandy Hook Elementary school has been demolished. Several neighbors had asked that the 3,100-square-foot house be taken down, saying it was a constant reminder of the tragedy in Newtown. Comment?
Mar 19, 2015 | via NNDB
An embarrassment to both the national and Connecticut state Republican party leadership, Governor John G. Rowland's political career is finally circling the drain. It's difficult to maintain any kind of public support when you're facing an 18-month federal corruption probe, Bill O'Reilly is calling for you to resign, President George W. Bush excludes you from any campaigning on his behalf, and the ranking Republican in the Connecticut state Senate Judiciary Committee describes you as having exhibited an "almost pathological pattern of behavior regarding ethical lapses." Comment?
37 min ago | via The Independent
Note: We do not store your email address but your IP address will be logged to prevent abuse of this feature. Please read our Legal Terms & Policies I wasn't surprised to read the research from Nottingham building society this week revealing that one in six homeowners are considering remortgaging before the end of this year. Comment?
1 hr ago | via KFYI-AM Phoenix
Ready for some straight talk on mortgage? Radio personality Kerri Kasem and mortgage guru Alex Michaels host an informative discussion about today's market, loan products, and how refinancing can help you: * Lock-in a lower interest rate * Cash-out refinance to pay off high interest debts or finance a large purchase The New American Funding Mortgage Radio Show demystifies mortgage to help you understand the terrain of today's market and make informed decisions about one of life's biggest investments. Comment?
1 hr ago | via Reuters
May 24 With the latest effort by Sweden to cool its housing market postponed by a court, concerns are escalating that political stagnation, a faulty institutional set-up and high household debt risks sending the triple A economy into a tailspin. A move to force homeowners to pay down the principal of their mortgages -- what many economists say is the very least needed to avoid a housing bubble -- was postponed after a court in April said the Swedish Financial Supervisory Authority lacked a legal mandate. Comment?
2 hrs ago | via The Independent
What have banks learnt from the payment protection insurance scandal? Judging from bald statistics from the Financial Ombudsman Service , the banks have used the experience to learn how to mis-sell other products. Claims to the FOS have gone up 278 per cent for "packaged accounts" - those offering a range of insurance products and services along with a fee-paying account. Comment?
2 hrs ago | via The Independent
Simon Read is Personal Finance Editor at The Independent. He edits the Saturday Your Money section as well as writing for the news and business pages of the Independent and i newspaper. Comment?
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