Press Releases
| Mortgage |
Himes, Housing Leaders Attend President’s Signing of Bill to Increase Homeowner Protections
May 21, 2009 Posted by Connecticut RealEstateRama
WASHINGTON, DC - May 21, 2009 - (RealEstateRama) — At a ceremony at the White House yesterday, Congressman Jim Himes (D-CT) joined other affordable housing leaders in support of the Helping Families Save Their Homes Act. This landmark legislation enables more homeowners to refinance mortgages, especially those who are current with payments but owe more than their homes are worth. Provisions in the bill also help restore the flow of credit.
Dodd Makes Public All of the Documents Related to his 2003 Mortgages
February 4, 2009 Posted by Connecticut RealEstateRama
February 04, 2009 - (RealEstateRama) — Senator Chris Dodd (D-CT) and his wife Jackie met with members of the media today to make public all of the documents that they possess related to their 2003 mortgage loans.
Governor Rell: CT FAMLIES Helping To Untangle
November 18, 2008 Posted by Connecticut RealEstateRama
HARTFORD, CT - November 18, 2008 - (RealEstateRama) — Governor M. Jodi Rell today announced that Connecticut homeowners using the refinancing program she created last December in response to the subprime mortgage crisis have reduced their monthly payments by an average of $397 in the first year of the program.
Colapietro: Homeowners Facing Foreclosure May Find Relief in State Programs
October 28, 2008 Posted by Connecticut RealEstateRama
Bristol , CT - October 28, 2008 - (RealEstateRama) — Connecticut homeowners facing foreclosure may find help in several new programs created by the General Assembly earlier this year, state Senator Thomas Colapietro (D- Bristol) said today. However, navigating the programs and knowing where to turn to for help can be difficult
Duff to Homeowners: Beware of Foreclosure Rescue Scams
October 27, 2008 Posted by Connecticut RealEstateRama
Norwalk, CT - October 27, 2008 - (RealEstateRama) — Homeowners facing financial difficulty and foreclosure should beware of con artists promising to “rescue” them from their troubles and investigate state-sponsored programs designed to prevent foreclosure actions first, state Senator Bob Duff (D-Norwalk) said today
Dodd Announces Launch of Hope for Homeowners Program
October 6, 2008 Posted by Connecticut RealEstateRama
Hartford, CT - October 06, 2008 - (RealEstateRama) — Senator Chris Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, today announced the enactment of the HOPE for Homeowners program, a voluntary initiative to help distressed borrowers refinance their mortgages.
Governor Rell Unveils $50 Million “CT FAMLIES” Refinancing Program to Assist Subprime Borrowers
February 28, 2008 Posted by Connecticut RealEstateRama
Governor M. Jodi Rell today announced “CT FAMLIES” — a new $50 million refinancing program to address the subprime mortgage crisis in Connecticut.
CBRE Realty Finance, Inc. Announces Amendment to Wachovia Credit Facility
January 24, 2008 Posted by Connecticut RealEstateRama
HARTFORD, Conn., Jan. 24 /PRNewswire-FirstCall/ — CBRE Realty Finance, Inc. (NYSE: CBF) today announced that it has amended its existing credit facility with Wachovia Bank N.A., effective as of January 24, 2008.
FREDDIE MAC, NEWALLIANCE BANK AND MUTUAL HOUSING ASSOCIATION BRING GET THE FACTS! HOMEOWNERSHIP WORKSHOPS TO CONNECTICUT
December 19, 2007 Posted by Connecticut RealEstateRama
McLean, VA – Freddie Mac (NYSE: FRE), NewAlliance Bank and Mutual Housing Association of Southwestern Connecticut are pleased to announce that they are working together to offer informative workshops that demystify the homeownership process for families in the Southwestern Connecticut.
Connecticut Awarded $745,000 in Grants for Affordable Housing
November 29, 2007 Posted by Connecticut RealEstateRama
BOSTON, Nov. 29 /PRNewswire/ — The Federal Home Loan Bank of Boston (the Bank) awarded $745,000 in grants to fund 57 units of affordable housing in Bridgeport, Meriden, and New London. In all, 25 New England initiatives received more than $16 million in grants, loans, and rate subsidies as part of the Bank’s Affordable Housing Program (AHP) to create or preserve 674 rental and ownership units for very low-, low-, and moderate-income individuals and families.
Data: U.S. Rep. Courtney Can Act to Save 603 Homes in Congressional District from Foreclosure During Subprime Mortgage Crisis
November 26, 2007 Posted by Connecticut RealEstateRama
NORWICH, Conn., Nov. 26 /PRNewswire-USNewswire/ — There is promising news today for distressed homeowners in the Norwich-Enfield area. The National Association of Consumer Bankruptcy Attorneys (NACBA) is estimating that Congressman Joe Courtney can give 603 homeowners in his Congressional District a fighting chance to save their homes from foreclosure during the current mortgage crisis.
Governor Rell Unveils $50 Million “CT FAMLIES” Refinancing Program to Assist Subprime Borrowers
November 21, 2007 Posted by Connecticut RealEstateRama
Governor M. Jodi Rell today announced “CT FAMLIES” — a new $50 million refinancing program to address the subprime mortgage crisis in Connecticut. There are approximately 71,000 active sub-prime mortgages in Connecticut and many are delinquent and in danger of default. Approximately 21,000 of these adjustable rate (sub-prime) mortgages are scheduled to reset at much higher rates between October 2007 and December 2009.
