Wholesaler Seeks Customers for Life
With historically low rates driving Connecticut’s mortgage activity in the first half of the year to its highest levels since 2013, new lenders had opportunities to grab a share of the market.
Fast 50
Fast-Growing Mortgage Lenders Meet Customer Where They’re At
One of Connecticut’s small lenders is using fintech to prove it can play the same game as big, national lenders and win.
Growth In Lending Fueled By Big Banks
Although as of this writing the state legislature had yet to approve a budget for fiscal year 2018 – an issue that is starting to impact future development and loan growth – Connecticut lenders are finding success in pockets of the state.
Lenders Increase Portfolios Despite Low Rates, Falling Prices
In an ultra-prolonged, ultra-low rate environment, Connecticut lenders are still managing to beef up their portfolios – at least, if this year’s Fast 50 is any indication. The Fast 50, compiled from data collected by The Warren Group, publisher of The Commercial...
Local, Regional Banks Scoop Up Loans In Early 2015
It’s been a rough couple of years for Connecticut, which has struggled mightily to bounce back from the depths of the recession, but Nutmeg State lenders who buckled down, stuck to a consistent message and put boots on the ground reaped rewards this year with double-...Connecticut Banks Capitalize On Improving Market
Banks that hunkered down during the recession – and subsequent molasses-speed recovery – to recruit new lending staff, branch out and brainstorm new ways to reach customers saw those efforts pay off this year, at least if The Commercial Record’s Fast 50 is any...A Gradual Return To Normalcy
How low can you go? Just when you thought interest rates couldn\’t get much lower, they jumped a full percentage point in June. While that\’s a positive sign for banks squeezed by razor-thin margins, it also means the robust refi market\’s days are numbered, and Connecticut banks are moving accordingly.
Filling The Void
As unpredictable as the economy may be, there is one sure sign of life: home lending. The first half of this year ended with increases in home lending among many banks, mortgage companies and credit unions in the state.
