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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

Top Mortgages Articles

Displaying items 121-132
  • 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...
  • 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...
  • Tackling consumer crises in Maryland

    Tackling consumer crises in Maryland
    Civil Justice might be small — you can count the full-time attorneys at the nonprofit legal assistance group on one hand — but its impact is anything but. The Baltimore organization has trained more than 1,400 lawyers in foreclosure law so...
  • State rushing to meet deadline for mortgage help

    State housing officials are working feverishly to beat a heck of a deadline: Finish processing enough applications by the end of Friday to make nearly $57 million in emergency loans to homeowners facing foreclosure — or give whatever they can't...
  • Home sales rose, prices fell in Baltimore area in July

    Home sales rose, prices fell in Baltimore area in July
    As if foreclosures, high unemployment and tight credit weren't enough, would-be homebuyers in the Baltimore region got more fodder for wariness Wednesday as the Dow Jones industrial average plunged more than 500 points and a new local report showed...
  • Mortgage assistance effort to go late into the night

    State housing officials were preparing to work late into the night Friday as the deadline loomed to get federal mortgage help to struggling Maryland homeowners. Maryland's Department of Housing and Community Development has nearly $57 million in...
  • Interest rates on consumer loans have fallen recently

    The silver lining in all this economic upheaval lately: low interest rates on consumer borrowing. Mortgage rates are at or near record lows, causing a jump in refinancing. Credit cards rates remain largely flat. And new car loans have been inching...
  • Vacant city houses get property tax break meant for owner-occupied homes

    Vacant city houses get property tax break meant for owner-occupied homes
    Property tax breaks meant to encourage homeownership have been awarded to 465 vacant houses in Baltimore, depriving the city of uncollected revenue in a difficult budget year and calling into question past promises from city officials to crack down on tax...
  • Online portal developed to help homeowners in foreclosure mediation

    The online portal HOPE LoanPort and GMAC Mortgage have teamed up on a program to allow Maryland homeowners and participating mortgage servicers to exchange documents in foreclosure mediation cases electronically. The statewide program, announced by...
  • Fulton hired as mortgage specialist

    Fulton hired as mortgage specialist
    Farmers and Merchants Bank, headquartered in Upperco, announced the hiring of Edward Fulton as mortgage specialist, at its new branch in Westminster. Fulton's expertise is various types of mortgage banking: reverse, refinance or new construction. He...
  • Obama needs to do more to keep the jobless in their homes

    Obama needs to do more to keep the jobless in their homes
    Four years into the financial crisis, foreclosure numbers remain daunting, with nearly 80,000 U.S. households receiving default notices for the first time in August. But help might be at hand, now that the Obama administration is requiring mortgage...
  • If you're under 50, mortgage rates are at their lowest in your lifetime

    Mortgage giant Freddie Max reports the interest rate on 30-year mortgages have fallen to their lowest levels in more than 50 years. The 30-year fixed-rate mortgage averaged 4.15 percent for the week ending today.  A 15-year fixed rate loan fell to 3.36...