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Business Institutions

A collection of news and information related to Business Institutions published by this site and its partners.

Top Business Institutions Articles

Displaying items 1-12
  • Veteran receives mortgage-free home in Harford

    Veteran receives mortgage-free home in Harford
    John Laursen, an Army veteran of the wars in Iraq and Afghanistan, and his wife Casey have spent about a year handling his recovery after being medically evacuated from Afghanistan, but they are able to begin moving forward, with the first steps being...
  • SunTrust settlement to bring $33 million to Maryland

    SunTrust settlement to bring $33 million to Maryland
    Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
  • Corporate wrongdoers must be prosecuted as a deterrent [Commentary]

    Corporate wrongdoers must be prosecuted as a deterrent [Commentary]
    General Motors has fired 15 employees after an internal investigation into the company's handling of defective ignition switches that led to at least 13 fatalities. But the only way to stop lawbreaking at GM or any other big corporation is to...
  • Long road to a deal for 1st Mariner purchasers

    Long road to a deal for 1st Mariner purchasers
    The deal to buy 1st Mariner Bank started with an irresistible offer — to two men who had nothing to do with the company. Howard Feinglass, a Baltimore native running a New York investment firm, saw potential in the struggling bank headquartered...
  • Small banks, credit unions try to lure customers with rewards program

    Small banks, credit unions try to lure customers with rewards program
    Most checking accounts pay little or no interest, and fewer and fewer are free. But at Patapsco Bank in Dundalk, checking customers can earn about 2 percent a year in a free account or choose cash back or even iTunes rewards. And members of Money One...
  • New housing program in Balto. Co. aims to shorten shelter stays

    New housing program in Balto. Co. aims to shorten shelter stays
    Tana Poff ran out of cash soon after arriving in Baltimore County from York, Pa., hoping to start a new life. The pregnant 23-year-old was working at the checkout lane at Food Lion, but her part-time wages weren't enough. "It didn't work out the way I...
  • Wells Fargo agrees to pay $175M settlement in pricing discrimination suit

    Wells Fargo agrees to pay $175M settlement in pricing discrimination suit
    About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices. Under the terms...
  • Report: Let private student loans be discharged in bankruptcy

    Report: Let private student loans be discharged in bankruptcy
    Borrowers overwhelmed by private student loan debt often discover an ugly truth too late — these loans can't be discharged in bankruptcy like other types of consumer loans. A new report on private student loans by the Consumer Financial...
  • Marylanders aren't shy about complaining

    Marylanders aren't shy about complaining
    Marylanders are big complainers. At least when it comes to the financial services they receive. Maryland ranked No. 2 in the nation in mortgage complaints per capita, second only to New Hampshire, for grievances lodged with the Consumer Financial...
  • More poverty in Baltimore's suburbs than in Baltimore

    More poverty in Baltimore's suburbs than in Baltimore
    More people live in poverty in Baltimore's suburbs than in the city itself, part of a nationwide shift that is challenging the largely urban assistance network built up over decades. Suburban poverty in the Baltimore area grew 58 percent between 2000 and...
  • Maryland economy will continue to feel government spending cuts

    Maryland economy will continue to feel government spending cuts
    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve...
  • Maryland investment firms haven't abandoned Democrats

    Maryland investment firms haven't abandoned Democrats
    Wall Street might have turned its back on Democrats this election, but that's not the case among Maryland investment firms. The vast majority of contributions to candidates by T. Rowe Price employees went to Democrats. And Democrats were the...