| Feb 27, 2014
| 4:52 PM
Building on the Dream Act approved by voters in 2012, Democrat Anthony G. Brown proposed Thursday that Maryland provide low-interest college loans to the children of workers who are in this country illegally.
Brown's proposal came on a busy day in the...
| Feb 28, 2014
| 4:01 PM
The General Assembly will consider a handful of bills related to the mortgage crisis, but unlike in previous years, many focus on what happens to borrowers after foreclosure.
The bills — most of which would limit the risks of debt that can linger...
| Mar 4, 2014
| 9:29 AM
Democratic gubernatorial candidate Heather R. Mizeur on Tuesday accused her front-running rival, Lt. Anthony G. Brown, of playing “petty, cynical politics” when he criticized Attorney General Douglas F. Gansler over Maryland’s burgeoning...
| Mar 11, 2014
| 2:28 PM
Few aspects of modern life are as tedious as matters of finance.
Sure, everyone understands what goes into taking out a five-year car loan then paying it off with interest in installments over the next 60 months. Credit cards are a little bit more...
| Oct 24, 2013
| 4:04 PM
Ed Hale wants to buy the Baltimore Arena, but the city said the aging facility is not for sale.
Two years after his departure from First Mariner Bancorp, the bank he launched and turned into the city's largest, Hale finds himself on the outside...
| Nov 19, 2013
| 10:36 AM
U.S. banks don't come any bigger than JPMorgan Chase, so no one should be surprised by the size of its settlement with the U.S. Department of Justice that was announced today — $13 billion to end civil litigation regarding mortgage lending...
| Nov 25, 2013
| 5:21 PM
A California city's controversial plan to use eminent domain to help its residents burdened with mortgages worth more than their homes has caught the eye of some Baltimore leaders, who say the city might benefit from the program.
There are thousands of...
| Dec 19, 2013
| 4:39 PM
Maryland expects to receive about $88 million of a $2.1 billion national settlement reached with Ocwen Financial Corp. over "systematic misconduct" in the mortgage servicer's handling of loans.
Announced Thursday, the deal settles a federal complaint...
| Dec 20, 2013
| 7:53 PM
After losing her job as a teacher, Guernica Williams tried for months to get her bank to modify the mortgages on her Windsor Mills home. When her unemployment insurance ended in 2012 and she defaulted, she kept trying, leaving voice mails for a changing...
| Jul 22, 2013
| 3:00 AM
Recently, some in the media have promoted the idea that the $85 billion sequestration cuts triggered on March 1 aren't causing drastic effects. CNN called the cuts "not as bad as advertised," and a Washington Post report found the cuts less "scary" than...
| Aug 7, 2013
| 9:56 AM
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...
| Aug 8, 2013
| 8:44 AM
Fannie Mae and Freddie Mac, as it turns out, were a pleasant fiction. The quasi-government guarantors of mortgage loans seemed like a good deal for Americans during all the years when they helped guarantee the availability of affordable, long-term home...