by James Sanna | Apr 24, 2024 | Banking & Lending, CR Daily, Industry News
A new analysis by J.D. Power has found that Wells Fargo and Webster Bank have the least satisfied customers of the major national and regional banks active in Connecticut, New York and New Jersey.
by James Sanna | Apr 24, 2024 | CR Daily, Industry News, Residential Real Estate
The judge in the lawsuit against the National Association of Realtors over real estate agent commissions has given his preliminary approval to a settlement in the case, signalling that a new future for how agents are compensated is clearly on the horizon.
by The Commercial Record | Apr 23, 2024 | Commercial & Industrial, CR Daily, Industry News
A new report from the Mortgage Bankers Association has put numbers to the huge drop-off in commercial real estate lending in America.
by James Sanna | Apr 23, 2024 | CR Daily, Industry News, Residential Real Estate
CoStar Group, the real estate information company behind Homes.com, has inked a deal to buy the 3D camera company many real estate agents rely on to promote their listings.
by The Commercial Record | Apr 19, 2024 | Banking & Lending, CR Daily, Industry News
Liberty Bank’s board of directors unanimously elected a new chair last month, the bank said, after longtime Chairman Mark Gringras unexpectedly passed away March 7.
by James Sanna | Apr 19, 2024 | CR Daily, Industry News, Residential Real Estate
The latest forecast from Harvard University’s Joint Center for Housing predicts that a slump in Americans’ remodeling spending may be in store this year.
by The Commercial Record | Apr 19, 2024 | CR Daily, Industry News, Residential Real Estate
The five most expensive recent single-family and condominium sales in Connecticut.
by Bernice Ross | Apr 19, 2024 | CR Daily, Industry News, Opinion, Residential Real Estate
Buyer’s agent compensation offers seem set to disappear from your local multiple listings service by this summer. And the effects will be wide-ranging.
by James Sanna | Apr 18, 2024 | Commercial & Industrial, CR Daily, Industry News
West Hartford-base real estate developer and asset manager The Simon Konover Co. announced that Jim Wakim, the company’s president and COO for the last 12 years, is retiring May 31.
by James Sanna | Apr 18, 2024 | Banking & Lending, CR Daily, Industry News
Citizens Financial Group’s move to seize market share among the Northeast’s rich is gathering pace, executives said during the bank’s first-quarter earnings call Wednesday.
by The Associated Press | Apr 17, 2024 | Banking & Lending, CR Daily, Industry News
“If higher inflation does persist,” he said, “we can maintain the current level of [interest rates] for as long as needed.”
by James Sanna | Apr 17, 2024 | Commercial & Industrial, CR Daily, Industry News
The development team aiming to redevelop the University of Connecticut’s former West Hartford campus got a green light to proceed with their project Monday.
by James Sanna | Apr 16, 2024 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News
In its first earnings call after a major credit ratings agency downgraded its out look for the lender, M&T Bank announced progress in reducing its book of commercial real estate loans.
by The Associated Press | Apr 16, 2024 | Banking & Lending, CR Daily, Industry News
Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation.
by The Associated Press | Apr 12, 2024 | Banking & Lending, CR Daily, Industry News
JPMorgan Chase continued to warn investors Friday that it expects a “uncertain” year for markets and the global economy, citing stubbornly high inflation and ongoing geopolitical tensions.
by James Sanna | Apr 11, 2024 | Commercial & Industrial, CR Daily, Industry News
One of the Hartford area’s biggest employers is making a major investment in its East Hartford factory: a 313,000-square-foot office building.
by Lew Sichelman | Apr 11, 2024 | CR Daily, Industry News, Opinion, Residential Real Estate
If you have a fixed-rate mortgage, your payments will always stay the same, right? Wrong. Taxes and insurance premiums invariably rise – which means your house payment does, too.
by The Commercial Record | Apr 11, 2024 | Banking & Lending, CR Daily, Industry News
For the ninth year in a row, The Commercial Record is recognizing the top loan originators throughout Connecticut. Ranked by dollar volume and number of loans completed, and representing banks, credit unions and mortgage companies, these originators are at the top of their game.
by James Sanna | Apr 10, 2024 | Commercial & Industrial, CR Daily, Industry News
Yale University has filled in a hole in its control of a part of its medical school campus in New Haven.
by The Associated Press | Apr 10, 2024 | Banking & Lending, CR Daily, Industry News, Residential Real Estate
Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in a report that will likely give pause to the Federal Reserve as it weighs when and by how much to cut interest rates this year.