In April 2007, Governor M. Jodi Rell convened a Task Force of housing, banking and mortgage lending and consumer experts to examine and make recommendations regarding the issue of sub-prime lending in Connecticut.

The Governor charged the Task Force with completing a definitive analysis of the sub-prime lending market in Connecticut, including the number of families currently holding sub-prime mortgages, the number in foreclosure, the opportunities for refinancing, and the assistance or guidance available to or needed by affected homeowners.

Governor Rell requested that Howard F. Pitkin, Commissioner of the Department of Banking and Gary E. King, President – Executive Director of the Connecticut Housing Finance Authority co-chair the Task Force. The Task Force’s research, findings and recommendations are detailed within this report.

 

Sub-Prime Mortgage Task Force Activities Update, June 26, 2008 (file size 3.77 MB)   Sub-Prime Mortgage Task Force Final Report, Nov. 9, 2007 (file size 218 KB) Appendices - Table of Contents (125 KB) Appendix A (1,378 KB) Appendix B (3,674 KB) Appendix C (1,380 KB) Appendix D (1,029 KB) Appendix E (296 KB) Appendix F (1,040 KB) Appendix G (2,743 KB) Appendix H (2,063 KB) Appendix I (5,696 KB) Appendix J (9,948 KB) Transcript of Special Meeting of Governor's Subprime Mortgage Task Force, July 10, 2007 (237 KB)