| Sep 22, 2012
Since Baltimore City Hall contended in a federal lawsuit last year that a group of international banks conspired to keep a key interest rate benchmark low, more municipalities and private companies have started to investigate potential losses because of...
| Aug 26, 2012
| 1:07 PM
Inside a small cubicle in Timonium, Jessica Gatton Facini is saving homes.
The 26-year-old sorts through foreclosure and lien documents from Baltimore homeowners, identifies a problem and then navigates the bureaucracy of big banks and government...
| Dec 21, 2012
| 4:53 PM
Three Marylanders have been indicted for mortgage fraud related to homes in Baltimore's Reservoir Hill neighborhood, federal prosecutors announced Friday.
Kimberly Eileen McMillian, 45, of Baltimore, Olutoyin Oladosu, 53, of Lanham, and Glenroy Emanuel...
| Dec 13, 2012
| 12:04 PM
Deatrice S. Besong says it feels like winning the lottery: Her mortgage servicer recently agreed to reduce her loan by $249,000 next year, saving her $300 a month and erasing the debt overhang that has her owing far more than her house is worth.
| Dec 11, 2012
| 10:46 AM
Almost a year after five big banks signed a $25 billion national mortgage settlement with 49 state attorneys general last February, too few families are getting relief, too many of those getting some help continue to lose their homes to short sales, and...
| Jun 26, 2013
| 4:00 AM
Is a reverse mortgage right for you?
These loans are available to those 62 and older and allows them to draw cash out of their house without having to sell it or make monthly payments. The loan is paid off when the owner dies or sells the house....
| Dec 13, 2012
| 12:16 PM
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit.
To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
| Jun 22, 2013
| 6:52 AM
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...
| Dec 16, 2012
| 10:53 AM
Homes with federally insured mortgages — afforded to mostly lower-income borrowers — are expected to see a spike in foreclosures because of dicey lending practices, according to a recent study.
More than a dozen ZIP codes in the Baltimore...
| Dec 31, 2012
| 3:55 PM
Federal officials have extended a regulatory waiver that makes it easier to "flip" properties — a move meant to encourage the renovation of foreclosed homes but that critics say could herald the return of predatory schemes.
The Federal Housing...
| Jun 17, 2013
| 5:38 PM
Marylanders are big complainers.
At least when it comes to the financial services they receive.
Maryland ranked No. 2 in the nation in mortgage complaints per capita, second only to New Hampshire, for grievances lodged with the Consumer Financial...
| Dec 4, 2012
| 7:13 PM
Con artist Rodney Getlan did not just take people's money — his actions caused them to lose their homes.
That he stole the sanctuary of a roof and four walls may have led to Getlan's getting a much longer prison term. Baltimore County Circuit Judge...