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U.S. mortgage deal nears as holdout states join
California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter. Florida, with its large distressed...Tags: Foreclosures, Barack Obama, Bank of America Corp., Justice System, Joe Biden
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The feds investigate the mortgage mess: What took so long?
In this week's State of the Union address, President Obama announced to cheers the formation of a new Justice Department unit tasked with going after the big banks and mortgage companies whose reckless lending led to the collapse of the housing market and...Tags: U.S. Presidential Election (2008), Barack Obama, Fraud, Corporate Crime, Justice System
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Maryland joins nationwide mortgage settlement
Maryland Attorney General Douglas F. Gansler has agreed to join other states in a $25 billion settlement with the nation's five largest mortgage servicers — a landmark agreement that would provide nearly $1 billion in aid to Maryland homeowners...Tags: Foreclosures, University of Baltimore, Real Estate, Barack Obama, Bank of America Corp.
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Governor applauds mortgage deal, ignores Gansler role
Gov,Martin O'Malley welcomes the state's participation in a nationwide settlement that is expected to bring almost $1 billion to Maryland victims of mortgage abuses but doesn't have much to say about the role played by Attorney General Douglas L....Tags: Executive Branch, Finance, Justice System, Finance, Martin O'Malley
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Harford County Native Rossilli Joins Redmer Insurance Group
Redmer Insurance Group has named Caesar Rossilli, a Harford County native and Kingsville resident, personal lines manager. Rossilli is a 17-year veteran of the insurance industry. At Redmer Insurance Group, he oversees the sale of personal lines...Tags: CEO Pay, MetLife Incorporated, Harford County, Interior Policy, Insurance
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Hale is retired from bank, but he's not out of business
EASTON – Shortly before sunrise, Edwin F. Hale Sr. scatters decoys on the water, preparing for a day of waterfowl hunting on his Talbot County farm.
The day dawns cloudy, a good sign because ducks and geese fly low under clouds, Hale says, as he...Tags: Visit Baltimore, Realty, T. Rowe Price, Rentals, Finance
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Md. 'robo-signing' case thrown out of federal court
A class-action lawsuit over alleged foreclosure "robo-signing" was thrown out of federal court in Greenbelt last week when a judge ruled that the plaintiffs could have raised those complaints during their foreclosure cases. The robo-signing scandal ...Tags: Legal Service, Judges, Justice System, Douglas F. Gansler, Greenbelt (Prince George's, Maryland)
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Obama targets economy, taxes in address
With the presidential election in full swing and Congress mired in gridlock, President Barack Obama used his third State of the Union address Tuesday to sound a populist message on the economy, outlining a series of policies he said would give the...Tags: Elijah E. Cummings, Barack Obama, Democratic Party, White House, Christopher Van Hollen Jr.
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Gansler urged not to sign foreclosure settlement
As state attorneys general across the country consider whether to settle with big banks over shoddy and illegal foreclosure practices, some Marylanders are urging Douglas F. Gansler not to sign on the dotted line. Their efforts are part of a nationwide...Tags: Elijah E. Cummings, Labor Legislation, Barack Obama, Fraud, The Huffington Post
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Changes suggested to stave off foreclosure and its ill effects
A state task force is recommending a raft of changes to give Maryland homeowners a better shot at avoiding foreclosure and — when foreclosures do happen — to give neighborhoods a greater chance at recovering.
The suggestions, presented...Tags: Foreclosures, Labor Legislation, Credit and Debt, Rentals, Martin O'Malley
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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...Tags: Real Estate, Fraud, Punishment, Corporate Crime, Prisons
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BGE customers unhappy with website upgrade
Baltimore Gas & Electric has upgraded its website and customer interface software. As often happens in these matters, not all seems to be going smoothly. I've heard from several customers who are having problems with the site. Says one:
"Have you tried...Tags: Companies and Corporations, Budgets and Budgeting, Finance, Finance, Computing and Information Technology Industry
Feb 8, 2012
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Jan 29, 2012
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Feb 9, 2012
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Feb 9, 2012
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Feb 6, 2012
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Jan 27, 2012
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Jan 28, 2012
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Jan 24, 2012
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Jan 23, 2012
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Jan 18, 2012
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Jan 12, 2012
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Jan 10, 2012
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