| May 27, 2012
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...
| Oct 26, 2012
| 2:39 PM
At the recent Governor's Housing Conference in Baltimore, the blue logo of a house with rays of light emanating from behind the roof was ubiquitous.
It's the emblem of one of the conference's main sponsors, Enterprise, and to the roughly 800 people in...
| Oct 17, 2012
| 11:42 AM
The Maryland Department of Housing and Community Development is planning a series of events for next year about refinancing home loans, Lt. Gov. Anthony G. Brown announced at the 2012 Governor's Housing Conference that was held Tuesday at the Hilton...
| Aug 9, 2012
| 5:13 PM
The rate of new foreclosure filings in Maryland far exceeded any other state's this spring, a spike caused in large part by the national robo-signing legal settlement that unleashed a flood of new cases.
Almost 20 in every 1,000 home loans in Maryland...
| Sep 14, 2012
| 7:35 AM
An Ellicott City woman pleaded guilty to wire fraud Wednesday for misusing more than $1.5 million in mortgage closing funds, federal prosecutors announced.
Harriet M. Taylor, 56, faces a maximum sentence of 30 years in prison and a $1 million fine for...
| Sep 13, 2012
| 8:36 AM
An Ellicott City woman pleaded guilty Wednesday to wire fraud for using $1.5 million in mortgage closing funds to operate two Columbia-based businesses, according to the Maryland District U.S. Attorney's Office.
Harriet M. Taylor, 56, of Ellicott City,...
| Sep 17, 2012
| 9:06 AM
Three years after the official end of the longest recession since World War II, nearly one in five mortgaged homes in the Baltimore metro area was still underwater, according to real estate data firm CoreLogic.
In the second quarter of this year, 18.3...
| Sep 14, 2012
| 11:11 AM
A Baltimore man pleaded guilty in federal court Friday to conspiracy to commit wire fraud because he and others secured mortgages for six homes in Upper Fells Point with fraudulent information, prosecutors announced.
Kenneth Koehler, 42, and his co-...
| Sep 26, 2012
After what was easily the longest economic downturn in recent times, momentum is building and national headlines are trumpeting news of economic gains. In the residential housing sector, these swiftly-changing market dynamics...
| Sep 27, 2012
| 4:02 PM
It's easy to see why the city's sale of the Senator Theatre gave Comptroller Joan Pratt heartburn. The city paid $810,000 for the movie palace three years ago and this week sold it for a $310,000 loss. Worse yet, the city is hardly washing its hands of...
| Sep 30, 2012
| 9:30 AM
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...
| Jul 12, 2012
| 6:24 PM
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...