Webster Chosen As Lender For CHFA Mortgage Program

Webster Bank, National Association, a subsidiary of Webster Financial Corp., has been selected by Connecticut Housing Finance Authority (CHFA) to be a lender in the Connecticut Fair Alternative Mortgage Lending Initiative & Education Services Program (CT FAMLIES).

CT FAMLIES is a new mortgage refinancing assistance program designed to help low- and moderate-income borrowers who took out subprime adjustable-rate loans to purchase their first home.

Webster says it will accept applications for CT FAMLIES through Dec. 31, 2008.

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