CT’s Top Lenders Grabbed Market Share in Tough Year
By Diane McLaughlin | March 30, 2023 | Reprints | Unlock Link 
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.
Most CT Credit Unions Saw Positive Earnings in 2022
By Diane McLaughlin | March 28, 2023 | Reprints | Unlock Link
More than 80 percent of Connecticut’s credit unions had positive net income in 2022, and a majority had double-digit loan growth last year, according to data released this month by the National Credit Union Administration.
Hartford ‘Holding Up Best’ Among Nation’s Housing Markets: Redfin
By James Sanna | March 27, 2023 | Reprints | Unlock Link
Economists at combined listings portal and brokerage Redfin say Hartford’s housing market appears to be “holding up best” among the nation’s top 100 metro areas last month.
Industrial Projects Welcomed by Some Communities, Others Wary
By Steve Adams | Commercial Record Staff | March 24, 2023 | Reprints | Unlock Link
While officials in neighboring South Windsor debate extending a moratorium on warehouse proposals, East Hartford officials welcomed the prospects for job creation and property tax gains from a pair of large logistics buildings.
Bronin to Hartford Employers: Bring Workers Back
March 31, 2023 | Reprints | Unlock Link
Hartford Mayor Luke Bronin urged city employers to bring their workers back downtown as the neighborhood’s office towers continue to sit underutilized.
Biden Calls to Revive Bank Regulations Trump Weakened
By Fatima Hussein and Josh Boak | The Associated Press | March 31, 2023 | Reprints | Unlock Link
Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law without additional steps taken by Congress.
Trade Groups Oppose CFPB Small Business Lending Rule
By Diane McLaughlin | March 31, 2023 | Reprints | Unlock Link
Industry trade groups are criticizing a final rule released yesterday by the Consumer Financial Protection Bureau that will require financial institutions to collect data on their small business lending.
CT Brokerages Honored in Industry Rankings
March 30, 2023 | Reprints | Unlock Link
Two prominent Connecticut real estate companies have earned spots in an annual ranking produced by brokerage consultancy T3 Sixty.
Bank Failures Highlight Declining Deposits Industry-Wide
By Damian J. Troise | The Associated Press | March 30, 2023 | Reprints | Unlock Link
Depositors have accelerated withdrawals amid recent bank failures and sharply rising interest rates, raising concerns about the industry’s health and ability to withstand a crisis, experts says.
