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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 97-108
  • False signatures cloud Maryland foreclosure cases

    False signatures cloud Maryland foreclosure cases
    Lawyers at two Maryland firms handling foreclosures filed court documents without actually signing the papers themselves, a development that is calling into question the validity of at least some of the home foreclosure cases in the state. The two...
  • Harford couple duped in mortgage fraud

    A Baltimore man was sentenced to spend 13 months in jail last week for defrauding a Harford County couple in a mortgage workout scam that a prosecutor says cost them thousands of dollars and may have contributed to the loss of their home. Frank G....
  • Mortgage fraud prosecutions should be pursued aggressively

    People who are facing some kind of financial distress are often the most vulnerable to fraud. The recent case in Harford County Circuit Court, in which a man was convicted of duping an Edgewood couple out of money he said could be used to reduce their...
  • Maryland foreclosure practices decried

    Revelations that attorneys at two Maryland firms had other people sign their names to foreclosure documents brought a rebuke Wednesday from the O'Malley administration, which called the practice a "potential example of further mishandling and mistreatment...
  • GMAC dropping 250 Maryland foreclosure cases

    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. The...
  • Tumultuous decades for a housing-aid activist

    Tumultuous decades for a housing-aid activist
    Vincent Quayle knows the corrosive effect of foreclosures well, sitting as he does at the helm of a nonprofit group that helps homeowners in trouble. But he says the current foreclosure crisis is nothing compared to the damage wrought by the...
  • An up-and-down year for Baltimore's housing market

    An up-and-down year for Baltimore's housing market
    Gauging the trajectory of the real estate market in the Baltimore region has become a hyper-local exercise — it depends on precisely where you live. While a handful of communities roared back so much last year that the number of home sales actually...
  • Wells Fargo mails mortgage-rate reduction offers to borrowers

    Wells Fargo borrowers potentially eligible for mortgage rate reductions under the national settlement with big banks are being notified this month, Maryland's attorney general said Friday. The lender is mailing out rate-reduction offers in waves, meaning...
  • Wells Fargo agrees to pay restitution to mortgage borrowers

    Under an agreement announced Thursday by the Maryland Attorney General's Office, Wells Fargo has agreed to make loan modifications and pay nearly $1 million in restitution to customers of two lenders acquired by the bank. The office's Consumer Protection...
  • Wish list for new director of Consumer Financial Protection Bureau

    Wish list for new director of Consumer Financial Protection Bureau
    To: Richard Cordray, Director Consumer Financial Protection Bureau Dear Mr. Cordray: First, congratulations on your appointment to lead the Consumer Financial Protection Bureau. Unless the banking interests have their way, your appointment is expected...
  • Mortgage broker gets 2 years in prison in fraud scheme

    A Bethesda man was sentenced Thursday to 33 months in prison followed by three years of supervised release for two counts of mail fraud connected to a mortgage scheme that defrauded lenders, family members and others, the Maryland U.S. Attorney's Office...
  • Annapolis retiree awarded $342,000 in bad-mortgage case

    A 78-year-old Annapolis man who said he was duped into getting unsuitable mortgages — sending the home he had owned for decades into foreclosure — was awarded $342,000 by an Anne Arundel County jury this week. The jury found that Dennis...