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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
  • Mortgage interest deduction must go

    Mortgage interest deduction must go
    Would you support a tax reform measure that could help reduce the federal deficit, remove a needless distortion in the economy and make the system fairer? Me too, which is why I'm taking aim at a sacred cow: the home interest mortgage deduction. That'...
  • Md. employers add 22,000 jobs in 2012

    Md. employers add 22,000 jobs in 2012
    Maryland gained about 22,000 jobs in 2012, the smallest annual increase since the recession, underscoring the challenges facing the state in a year dominated by the federal budget and the collapse of a major employer. U.S. Department of Labor estimates...
  • Consumer agency director coming to Baltimore to announce new mortgage rule

    Consumer agency director coming to Baltimore to announce new mortgage rule
    Richard Cordray, the director of the Consumer Financial Protection Bureau, is expected to announce the issuance of a pioneering federal rule Thursday that is intended to help prevent a repeat of the risky mortgage lending that led to the recent housing...
  • Reactions mixed to Postal Service request to stop delivering mail on Saturdays

    Reactions mixed to Postal Service request to stop delivering mail on Saturdays
    Lanny Gans had not heard, until she went to the Roland Park post office Wednesday, that the financially struggling U.S. Postal Service plans to end Saturday service in August, in an effort to save $2 billion a year.. "I hate to see anything like that...
  • FHA policies helped cause foreclosure crisis

    FHA policies helped cause foreclosure crisis
    Imagine that a federal agency wanted to hurt America's working-class families on purpose. How would it inflict maximum damage? It might start by aggressively marketing homeownership to marginal borrowers. It would tell them that bad credit scores aren't...
  • Plan to cut Saturday mail delivery gets ho-hum reaction in Harford

    Plan to cut Saturday mail delivery gets ho-hum reaction in Harford
    Many business owners interviewed along Bel Air's Main Street this week said they had no problem with the U.S. Postal Service's plan to eliminate Saturday mail delivery to homes and businesses, some going so far to say the move makes sense for the postal...
  • Mind Over Machines acquires The Seva Group

    Mind Over Machines Inc., an Owings Mills-based consulting and information technology firm, announced Thursday it has acquired the assets of technology firm The Seva Group, making the combined company one of the largest IT consulting firms in the mid-...
  • New Kelly Glen community near Bel Air fights for mail delivery

    New Kelly Glen community near Bel Air fights for mail delivery
    The new development of Kelly Glen north of Bel Air has single-family homes costing upward of $500,000 tucked away between the Bel Air Bypass and Route 1 (Conowingo Road), with direct access to the latter, but residents have one major problem: They can't...
  • Mortgage settlement gets mixed reviews

    Mortgage settlement gets mixed reviews
    Deatrice S. Besong says it feels like winning the lottery: Her mortgage servicer recently agreed to reduce her loan by $249,000 next year, saving her $300 a month and erasing the debt overhang that has her owing far more than her house is worth. "It's...
  • Mortgage settlement: not enough relief

    Mortgage settlement: not enough relief
    Almost a year after five big banks signed a $25 billion national mortgage settlement with 49 state attorneys general last February, too few families are getting relief, too many of those getting some help continue to lose their homes to short sales, and...
  • Study concludes FHA lending practices in Baltimore area could lead to high foreclosure rates

    Study concludes FHA lending practices in Baltimore area could lead to high foreclosure rates
    Homes with federally insured mortgages — afforded to mostly lower-income borrowers — are expected to see a spike in foreclosures because of dicey lending practices, according to a recent study. More than a dozen ZIP codes in the Baltimore...
  • House-flipping waiver is extended

    House-flipping waiver is extended
    Federal officials have extended a regulatory waiver that makes it easier to "flip" properties — a move meant to encourage the renovation of foreclosed homes but that critics say could herald the return of predatory schemes. The Federal Housing...