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Office of the Comptroller of the Currency

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  • Fairmount Bancorp switches to state charter

    Fairmount Bancorp switches to state charter
    Baltimore County's Fairmount Bancorp Inc. said Monday its bank, Fairmount Bank, is now a state-chartered commercial bank, after converting from a federally chartered savings bank last week.
  • Adding secrecy to scandal in mortgage crisis

    Adding secrecy to scandal in mortgage crisis
    We already know that federal regulators have undermined accountability for abuses by mortgage servicing companies. In another disturbing development, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) are refusing to turn over...

    Md. foreclosure activity high despite recovering market

    Md. foreclosure activity high despite recovering market
    Maryland's housing market is improving, but many homeowners still face trouble. Foreclosure activity in Maryland last month reached a 33-month high, according to RealtyTrac, which gathers real estate data nationwide. Among the states, Maryland had the...

    Two local banks switch to local regulator

    Two Baltimore-area banks have changed their charters so that they will be regulated by the state rather than the federal government, their new regulator said Tuesday. Midstate Community Bank — which had been Midstate Federal Savings and Loan...

    Wells Fargo agrees to pay $175M settlement in pricing discrimination suit

    Wells Fargo agrees to pay $175M settlement in pricing discrimination suit
    About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices. Under the terms...