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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...
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...
Baltimore's effort to recover millions of dollars in lost revenue stemming from the wave of home foreclosures that followed the collapse of the housing market in 2007 was vindicated Thursday when Wells Fargo Bank, the nation's largest mortgage lender,...
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...
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: Finance, Justice System, Personal Income, Justice System, Loans
Investors watched stock markets swoon and economists fretted about the nation's fragile recovery on the first day of trading after the unprecedented downgrade of the nation's credit rating. But amid the gloom Monday were a few bright spots for consumers:...
The Wall Street JournalSome patrons of the arts are finding themselves in a new role these days: creditors. In April, George Merkle renewed a subscription for him and his wife to the San Antonio Symphony. In May, the symphony suspended its concert series and later declared...
Real Estate MattersQ: In a recent column you wrote that when you pay off your mortgage you should receive, among other things, the original note marked "paid" or shown with a zero balance. We paid off our mortgage in 2008, and I jumped through hoops at the time to get a...
Tags: Mortgages, Real Estate, Equifax Incorporated
Widely reported mortgage delinquency rates are being weighed down by older mortgages and loans long past due, and more recent mortgages are performing at pre-housing-bubble norms, according to an analysis of national lending data by TransUnion....
Tags: Banking, Mortgages, Federal Reserve, Loans
Real Estate MattersQ: We are currently underwater on our primary home mortgage. Our mortgage has been modified twice, and all payments were added to the back of mortgage. Our loan balance was once $216,000 and now is $285,000. The home needs repairs, and we have no money...
Tags: Finance, Realty, Debt Market, Real Estate, Mortgages
For the past six years, the question "what's my home worth" caused homeowners to wince. With some optimism now in the real estate market and more transactions occurring than have in years, Redfin thinks homeowners and potential homebuyers are ready to...
Real Estate MattersQ: During the process of completing a 1031 exchange, my mortgage broker told us the day before our 180 day limit for closing on our purchase that our lender didn't approve the development. We worked with this broker for six months, got approved and...
Dec 31, 2012 |Story| Baltimore Sun
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Aug 8, 2011 |Story| Baltimore Sun
Sep 15, 2003 |Story| Baltimoresun.com
May 16, 2013 |Column| Tribune Media Services
May 13, 2013 |Story| Chicago Tribune
May 9, 2013 |Column| Tribune Media Services
May 10, 2013 |Column| Chicago Tribune
May 12, 2013 |Column| Tribune Media Services
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