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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 85-96
  • Kamenetz pension plan makes sense

    In her column, Marta Mossburg ("Kamenetz's risky bet," Sept. 26) asks, "Would you borrow money to pay off your mortgage and instead risk it in the market?" (I assume that she actually means "borrow money and increase your mortgage, risking the proceeds in...
  • 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...
  • Wells Fargo settlement: A predatory lender pays up

    Wells Fargo settlement: A predatory lender pays up
    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,...
  • Harford real estate transfers from January

    The following are Harford County real estate transfers recorded in January and compiled by the Harford office of the Department of Assessments and Taxation: Krystle N. Cherry from Kevin Jerome Harris, 3410 Brooks Ave., $202,500, 1/3. Scott Cooper from...
  • Seniors grow old under debt

    Seniors grow old under debt
    Norman Harvel is growing old under a mountain of debt. At 60, Harvel faces medical and credit card bills topping $80,000. Yet Harvel is unable to work, having been injured at a job site more a decade ago. The former building maintenance worker now...
  • Maryland offers tax relief on debt forgiveness

    For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...
  • Millennium Financial Group appoints Michael Thomas as mortgage loan officer

    Millennium Financial Group Inc., a leading Mid-Atlantic retail mortgage lender, has appointed Michael Thomas, of Bel Air, as a mortgage loan officer. He will be responsible for loan production growth in the Baltimore and surrounding markets. Thomas joins...
  • Three indicted for Reservoir Hill mortgage fraud

    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...
  • Mortgage settlement gets mixed reviews

    Mortgage settlement gets mixed reviews
    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. "It's...
  • Md. to spend most of its settlement funds on housing-related efforts

    Maryland will direct most of the nearly $60 million it controls from the national mortgage settlement to housing counseling, legal help for homeowners and anti-blight work, state officials said Wednesday. Maryland Attorney General Douglas F. Gansler said...
  • Baltimore-area home sales rose 13 percent in May

    Baltimore-area home sales rose 13 percent in May
    Home sales ratcheted up in May even as buying choices continued to shrink in the Baltimore area, leaving sellers with more leverage than they've had in five years — at least for now. The number of homes changing hands in the metro area rose 13...
  • Mortgage settlement: not enough relief

    Mortgage settlement: not enough relief
    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...