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12 Hartford Business Journal • April 8, 2019 • www.HartfordBusiness.com THE LIST Top residential mortgage lenders for Connecticut Ranked by 2017 Connecticut dollars originated Source: GeoDataVision, 203-530-1544, www.geodatavision.com. Information is based on 2017 Home Mortgage Disclosure Act data released by the Bureau of Consumer Financial Protection in May 2018, the latest available as of press time. Market data is available at any geographic level (county and town). Special thanks to Len Suzio. — Compiled by Stephanie R. Meagher. FOCUS Top residential mortgage lenders for Connecticut (Ranked by 2017 Connecticut dollars originated) Rank Lender Total amount loaned (000) Number of CT loans CT market share Amount loaned to low/mod income applicants (000) Loans originated to low/mod income applicants Amount loaned to minority applicants (000) Loans originated to minority applicants 1 Wells Fargo Bank 420 Montgomery St. San Francisco, CA 94163 800-869-3557; www.wellsfargo.com $1,050,991 2,383 5.32% $74,398 481 $157,387 448 2 JPMorgan Chase Bank 1111 Polaris Parkway Columbus, OH 43240 212-270-6000; www.jpmorganchase.com $1,005,984 1,645 5.09% $49,634 294 $108,673 267 3 Bank of America Corp. 100 N. Tryon St. Charlotte, NC 28202 (888) 293-0264; www.bankofamerica.com $848,838 1,508 4.30% $35,127 230 $93,719 242 4 Quicken Loans 1050 Woodward Ave. Detroit, MI 48226 800-863-4332; www.quickenloans.com $807,706 3,642 4.09% $195,963 1,274 $93,807 468 5 People's United Bank 850 Main St. Bridgeport, CT 06604 203-338-7171; www.peoples.com $652,122 1,610 3.30% $63,581 453 $89,104 302 6 LoanDepot.com LLC 26642 Towne Centre Drive Foothill Ranch, CA 92610 888-983-3240; www.loandepot.com $569,743 2,159 2.89% $135,310 744 $100,701 461 7 Webster Bank 137 Bank St. Waterbury, CT 06702 203-578-2200; public.websteronline.com $501,132 1,909 2.54% $64,687 584 $52,190 260 8 United Bank 225 Asylum St. Hartford, CT 06103 866-959-2265; www.bankatunited.com $415,894 1,233 2.11% $47,254 340 $44,514 186 9 Citibank 399 Park Ave. New York, NY 10043 212-559-1000; www.citibank.com $349,101 579 1.77% $25,085 132 $47,130 135 10 Total Mortgage Services LLC 326 W. Main St. Milford, CT 06460 203-876-2200; www.totalmortgage.com $336,043 1,256 1.70% $105,519 531 $73,278 305 11 United Shore Financial Service 1414 E Maple Road Troy, MI 48083 855-888-8737; www.unitedshore.com $319,959 1,348 1.62% $87,543 493 $65,700 278 12 Citizens Bank 1 Citizens Plaza Providence, RI 02903 800-922-9999; www.citizensbank.com $278,471 593 1.41% $17,370 123 $31,417 90 13 Guaranteed Rate Inc. 3940 N. Ravenswood Chicago, IL 60613 866-934-7283; www.guaranteedrate.com $273,797 1,118 1.39% $74,149 474 $58,885 293 14 Newtown Savings Bank 39 Main St. Newtown, CT 06470 203-426-2563; www.nsbonline.com $260,359 912 1.32% $39,632 224 $25,066 88 15 Prime Lending, a PlainsCapital Co. 18111 Preston Road, Suite 900 Dallas, TX 75252 800-317-7463; www.primelending.com $254,010 1,026 1.29% $58,451 334 $39,782 192 16 Liberty Bank 315 Main St. Middletown, CT 06457 888-570-0773; www.liberty-bank.com $252,641 860 1.28% $35,638 242 $32,670 134 17 First World Mortgage 127 Prospect Ave. Hartford, CT 06106 860-233-5626; firstworldmortgage.com $247,957 1,502 1.26% $116,887 914 $80,538 569 18 William Raveis Mortgage LLC 7 Trap Falls Road Shelton, CT 06484 203-926-1090; www.raveis.com/mortgage $238,610 1,048 1.21% $75,056 440 $43,124 216 19 Capital One NA P.O. Box 4199 Houston, TX 77210 888-810-4013; capitalone.com $231,385 202 1.17% $6,051 41 $9,097 25 20 Norwich Commercial Group Inc. d/b/a Norcom Mortgage and Mortgage Force (1) 38 Security Drive Avon, CT 06001 855-667-2661; www.norcommortgage.com $229,849 1,180 1.16% $85,449 563 $42,301 239 21 First Republic Bank 111 Pine St. San Francisco, CA 94111 800-392-1400; www.firstrepublic.com $223,439 159 1.13% $1,068 3 $20,068 19 22 PHH Mortgage Corp. 1 Mortgage Wy. Mount Laurel, NJ 08054 866-946-0081; www.phh.com $217,789 826 1.10% $54,322 326 $35,450 138 Source: GeoDataVision, 203-530-1544, www.geodatavision.com. Information is based on 2017 Home Mortgage Disclosure Act data released by the Bureau of Consumer Financial Protection in May 2018, the latest available as of press time. Market data is available at any geographic level (county and town). Special thanks to Len Suzio. (1) Address is for Norcom Mortgage. —Compiled by Stephanie R. Meagher. colleges and universities. Mayor Luke Bronin, and Jamie Bratt, when she led the city's economic development, were real champions, paving the way. Hart- ford is increasingly taking a lead role in Industry 4.0, and MakerspaceCT is an important aspect of that. Q. You mentioned you are going to have collaborations with area colleg- es. Can you give us an example of one or two and what they entail? A. We will offer a range of oppor- tunities for collaborations, and we're excited about the prospects of providing students with hands-on experience. We have established a working relationship with the University of Hartford — their school of architecture and entrepre- neurial center. They'll include activities at MakerspaceCT as part of their cur- riculum. We are also working with Capi- tal Community College, which is located in our building, and we're in the midst of discussions to formalize collaborations with three other major universities. Q. How much investment was put into the facility and program? What were the funding sources? A. To date, over $3 million in private donations from foundation and cor- porate sources have provided funding for the development, construction and equipment acquisition needed to launch MakerspaceCT. We're very appreciative of that support. And we have already launched a major education initiative funded by CTNext/Innovation Places. Q. How should we measure the suc- cess of MakerspaceCT in a year from now? How about five years? A. Our success will be determined by our ability to achieve our mission and vision. Our mission is to posi- tively impact lives by enabling access, innovation and education; our vision is to use making as a vehicle to lift up individuals and communities. In five years, we will have a well-es- tablished community of makers whose lives have been changed for the better by the access to tools and training that we provide. For example, benchmarks of suc- cess can be measured by the number of entrepreneurs who were able to start a business or develop a prototype because of the resources provided by Maker- spaceCT, or the workers who got a better job because of skills they learned here. And our success will be deter- mined by the number and effectiveness of the collaborations we establish with area corporations and institutions. >> Q&A: Devra Sisitsky continued