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Federal Reserve plans $300B in aid for business, governments

The Federal Reserve this morning announced moves to help the U.S. economy that is being ravaged by the COVID-19 outbreak and the proactive steps...

Houlihan-Parnes Realtors arranges $35M loan

Bryan Houlihan, Christie Houlihan and Rachel Greenspan of Houlihan-Parnes Realtors LLC and GHP Office Realty LLC have announced the placement of a first mortgage...

Avon sells Rye property for $23.1 million

The property was bought by Midland Rye LLC, a vehicle of real estate firm George Comfort & Sons, the Feil Organization, a New York City-based real estate investment, development and management firm, and O’Connor Capital Partners.

FHA renovation mortgage program an option for fixer-upper buyers

Ann L’Altrella, a loan officer with Network Funding LP in Shelton, credited the 203(k) loan program with helping in the sale of older homes that are either stuck in an aesthetic time warp or are in need of more than cosmetic help.

UC Funds expands Stamford footprint with second hotel acquisition

"We have committed over $100 million in the last year in one of the best cities in America,” said Daniel Palmier, CEO of UC Funds.

Bank steps up for furloughed workers

Customers Bank offers unpaid federal workers a one-month reprieve on loan payments.

Banks blamed for foreclosure surge

Court filings through August against borrowers in default represent a 62 percent increase from that same period last year.

Lender marks return to Fairfield

Total Mortgage Services L.L.C., which was founded in Fairfield 16 years ago, has opened new retail offices in Fairfield and Ridgefield and will relocate its headquarters within Milford this fall.

Student loan burden soars

Only mortgage debt is greater nationally than loans for school.

Attorney general accuses banks of mortgage violations

Schneiderman threatens to sue over national mortgage settlement allegations.

Update: JPMorgan plans to cut 17,000 positions through 2014

JPMorgan Chase & Co. has reportedly firmed plans to eliminate 17,000 positions in its community banking and mortgage units through 2014.

Westchester buyers venture west to Rockland

A joint venture of Westchester real estate firms closed on its $25.15 million purchase of a Rockland County distribution center.

Area banks offer financial forgiveness to storm victims

Apple Bank and M&T Bank are offering fee waivers and leniency to those who have fallen on hard times due to Hurricane Sandy.

Westport man guilty of fraud

A federal jury found a Westport man guilty of fraudulently submitting false information on mortgage applications totaling $3.5 million.

Mortgage rates hit new low

The average 30-year fixed mortgage rate is at an all-time low of 3.4 percent.