Christopher N. Dannen This is Me

Education

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1. 1. The Connecticut Post Online - Housing market strong

   www.connpost.com/business/ci_4 - [Cached]

   Published on: 9/2/2006   Last Visited: 9/2/2006

   Christopher Dannen, vice president of residential home sales for People's Bank, said Sun's analysis could be on the mark because interest rates have dropped
   ...
   "I think it's caught a lot of people by surprise," Dannen said of the interest rate drop the last week.
   ...
   Dannen said some 30-year, fixed-rate mortgages are available at 6.25 percent.Lessening fears over inflation and the Federal Reserve's recent decision not to raise rates has also helped, he said.
   
   The more stable interest rate environment, plus added inventory and a longer sale time, means people will find more homes at the affordable end of the spectrum, Dannen said.

2. 2. Press Release - People's Names Christopher Dannen VP Residential Lending

   www.peoples.com/pressroom/arti - [Cached]

   Published on: 5/21/2006   Last Visited: 6/22/2008

   Christopher N. Dannen has joined People's Bank as vice president, Residential Lending.Dannen will manage Residential Lending's statewide network of calling officers and the mortgage marketing initiatives within People's 150 Connecticut branches.
   
   People's is the No. one mortgage lender in the state of Connecticut, according to The Commercial Record, a position People's has held with pride for 10 consecutive years.Mortgage services are available in all of People's 150 branches statewide, including offices inside Super Stop & Shop which are open seven days a week.
   
   Dannen joins People's from GMAC Mortgage Corporation where he was senior vice president of Consumer Construction Lending.In that position, he was responsible for managing all aspects of national real estate construction lending including training, sales, operations, servicing and pricing.
   
   Prior to GMAC, Dannen was vice president with First Union Mortgage Corporation where he managed the national construction program and sales force.He also was senior vice president of Lending Operations with Premier National Bank.
   
   Dannen has a bachelor's degree in economics from Manhattan College.He is a member of Connecticut Mortgage Bankers Association and has taught classes in construction lending for America's Community Bankers.
   
   Dannen resides in Southbury with his wife and two children.
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   For a digital photo of Christopher Dannen, please contact Deborah.MacDonnell@peoples.comPeople's Bank.Opening possibilities in Connecticut since 1842.

3. 3. The Connecticut Post Online - Fed takes a rate-hike break

   www.connpost.com/business/ci_4 - [Cached]

   Published on: 8/9/2006   Last Visited: 8/10/2006

   "Generally speaking, we've seen a slowdown locally," which is mirroring the national trend, said Chris Dannen, vice president and residential lending sales manager for People's Bank."I think this is a good thing."
   
   Both the volume of mortgage applications and the value of homes is down, which Dannen said makes for a healthier, more normal market.
   
   The analysts agreed rising energy prices will be a concern going forward, as consumers are likely to cut back on spending, especially once they start buying heating oil.According to Dannen, some home sellers are already putting more realistic prices on their properties.
   
   "It will clearly, I think, make people think more about what they buy," he said of rising energy prices."We're seeing people shopping a lot right now," looking for the best bargain.