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Financial and Business Services

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

Top Financial and Business Services Articles

Displaying items 61-72
  • 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...
  • Long sentence highlights efforts to prosecute mortgage fraud

    Long sentence highlights efforts to prosecute mortgage fraud
    Con artist Rodney Getlan did not just take people's money — his actions caused them to lose their homes. That he stole the sanctuary of a roof and four walls may have led to Getlan's getting a much longer prison term. Baltimore County Circuit Judge...
  • Bank buys Inn at the Black Olive for $3.9 million

    Bank buys Inn at the Black Olive for $3.9 million
    The Inn at the Black Olive, a boutique hotel in Fells Point, was sold at auction for $3.9 million Thursday to mortgage holder 1st Mariner Bank. Bidding for the South Caroline Street hotel, restaurant and cafe-market opened at $2.5 million, said Bradd...
  • $1.3 billion in consumer relief so far for Marylanders from mortgage settlement

    $1.3 billion in consumer relief so far for Marylanders from mortgage settlement
    Marylanders received more than $1.3 billion in relief from the National Mortgage Settlement during a 12-month period, Attorney General Douglas F. Gansler announced Tuesday. That assistance went to nearly 17,000 mortgage borrowers between March 1, 2012...
  • Housing legislation passes the General Assembly

    Housing legislation passes the General Assembly
    In addition to an extension of the Homestead Tax Credit application deadline, several other pieces of legislation relevant to homeowners passed both chambers of the General Assembly during the most recent session, which ended earlier this month. Gov....
  • Checks to be sent next week to 10,000 mortgage borrowers in Maryland

    Checks to be sent next week to 10,000 mortgage borrowers in Maryland
    Checks totaling more than $15 million will be sent beginning next week to more than 10,000 Maryland mortgage borrowers, Attorney General Douglas F. Gansler announced Wednesday. The checks, roughly $1,480 each, will be sent between June 10 and June 17 to...
  • High cost of homeownership

    High cost of homeownership
    As the five-year anniversary of the Lehman Bros. bankruptcy and the collapse of the mortgage market approaches, Americans are still struggling to cope with the consequences of the Great Recession. More than 4 million households have lost their homes to...
  • Joseph Haskins Jr. navigated Harbor Bank of Maryland through tough times

    Joseph Haskins Jr. navigated Harbor Bank of Maryland through tough times
    At one point during the three years that Harbor Bank of Maryland operated under heightened federal scrutiny, a regulator asked CEO Joseph Haskins Jr. why he stuck it out. Why not just retire? But for Haskins, one of the founders of the Baltimore bank in...
  • Md. employers add 4,700 jobs in March, Labor Dept. says

    Md. employers add 4,700 jobs in March, Labor Dept. says
    Maryland employers added 4,700 jobs in March, gains driven by the private sector, the U.S. Department of Labor estimated Friday. It was the fourth straight month of increases, though at a lower level than the previous three. The expansion brought...
  • American Express ordered to refund $85 million to consumers

    American Express ordered to refund $85 million to consumers
    The Consumer Financial Protection Bureau announced this morning it has ordered three subsidiaries of American Express to refund about $85 million to about a quarter of a million consumers. According to the agency, an investigation found “that at...
  • Settlement's mortgage servicing standards now in effect

    Settlement's mortgage servicing standards now in effect
    On Tuesday, five of the nation’s largest mortgage servicers became obligated to follow 304 “servicing standards” laid out in a national mortgage settlement earlier this year. The settlement stemmed from allegations that the servicers...
  • Culleton: Work needed to keep U.S. Postal Service from becoming a dead letter

    In Korea, back in the 1950s, a new commander arrived for the small military installation in Ulsan where I was stationed. One of his first acts was to issue a general order which read, "No stupid action will be taken by any member of this command." As a...