| Apr 29, 2010
| 4:12 PM
Sarah Bloom Raskin is deeply interested in the economy's effect on everyday life, a driving force in her work to keep Marylanders from being scammed, foreclosed on or caught up in a bank failure.
That consumer focus caught White House attention. Raskin,...
| Jan 18, 2011
| 5:41 PM
GMAC Mortgage said Tuesday it is dropping about 250 Maryland foreclosure cases that were apparently "robo-signed," giving homeowners a second chance to save their properties — and raising the possibility that other lenders might follow suit.
| Sep 30, 2011
| 8:26 AM
Bank of America’s plan to charge customers $5 a month to use a debit card has been blamed on new regulations that reduces its fee income.
Starting Saturday, big banks will collect less money — so-called swipe fees — from merchants to...
| Sep 30, 2011
| 5:20 PM
Baltimore County Savings Bank has converted from a federally chartered savings institution to a state-chartered commercial bank, it announced Friday.
Joseph J. Bouffard, the president and chief executive officer of the bank and parent BCSB Bancorp,...
| Oct 3, 2011
| 10:19 AM
Four years into the financial crisis, foreclosure numbers remain daunting, with nearly 80,000 U.S. households receiving default notices for the first time in August.
But help might be at hand, now that the Obama administration is requiring mortgage...
| Oct 3, 2011
| 5:37 PM
St. John's United Methodist Church, a centuries-old church on St. Paul Street, looked the way it does during its occasional rock concerts. Hundreds of people — some older than 40, some in their 20s — gathered there Sunday not for the music, or...
| Feb 27, 2011
When NovaSom Inc. was looking to produce its sleep apnea diagnostic kits, the Glen Burnie-based company didn't look to factories in Asia or Mexico. Instead, it found a manufacturer right off the Beltway in Woodlawn.
NovaSom chose Zentech Manufacturing...
| Oct 5, 2011
| 7:46 AM
President Barack Obama's jobs bill, a relatively modest effort given the risks the economy faces and the toll that extended joblessness has taken on American workers, is bogged down in a divided Congress and is about to get more so. Senate leaders are...
| Oct 14, 2011
| 3:00 AM
During the Republican presidential candidates' debate at Dartmouth College the other night, former Massachusetts Gov. Mitt Romney was asked his choice for chairman of the Federal Reserve. Grinning, he replied: "I haven't chosen that person. I haven't even...
| May 15, 2011
Just five years ago, PNC Bank had virtually no presence in Baltimore. Today, it is Maryland's third-largest financial institution by deposits, after Bank of America and M&T Bank.
PNC Chairman and Chief Executive Officer James E. Rohr has led the growth...
| Apr 29, 2011
| 4:30 AM
I heard the chairman of the Federal Reserve say he's fighting deflation because it would be bad for the government. It would cause less money to be collected in taxes. He was suggesting inflation would be better for the government even though it will hurt...
| May 2, 2011
| 11:23 AM
Rejected first draft of Donald Trump's final announcement about his political intentions in 2012.
First, let me say how proud I am of myself for heckling Barack Obama until he produced the "long form" of his birth certificate, something no white...