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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 97-108
  • 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...
  • Bush deserves the criticism he's getting

    Bush deserves the criticism he's getting
    When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1). Now I know how people like Michele...
  • 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...
  • 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...
  • Housing legislation passes the General Assembly

    Housing legislation passes the General Assembly
    In addition to an extension of the Homestead Tax Credit application deadline, several other pieces of legislation relevant to homeowners passed both chambers of the General Assembly during the most recent session, which ended earlier this month. Gov....
  • Fed's easy money will eventually trigger inflation

    Fed's easy money will eventually trigger inflation
    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...
  • Study concludes FHA lending practices in Baltimore area could lead to high foreclosure rates

    Study concludes FHA lending practices in Baltimore area could lead to high foreclosure rates
    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...
  • House-flipping waiver is extended

    House-flipping waiver is extended
    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...
  • Father, son participate in Vietnam 'Wall Washing' at Vietnam Memorial

    Keller Curtis of Fallston and his father, Richard Tibbetts of Bel Air, participated in the first "Wall Washing" of the year April 13 at the Vietnam Memorial in Washington, D.C., to pay respect to those who made the ultimate sacrifice for our freedom....
  • City mental health clinic in default on bank loans

    One of Baltimore's largest providers of drug treatment services is in default on loans of up to $2.5 million, its bank says, raising questions about the financial well-being of a clinic that treats hundreds of addicts in the city. Bank of America is...
  • Foreclosure crisis may lead to health concerns nationwide

    Foreclosure crisis may lead to health concerns nationwide
    The devastation of losing a house to foreclosure can lead to depression and a host of other conditions, according to the authors of new study who warn of a looming national health crisis. They are advocating for a new unified approach by financial and...
  • Davidsonville man pleads guilty in mortgage fraud scheme

    A Davidsonville man has pleaded guilty to wire fraud arising from a scheme that defrauded lenders and a title insurance company, the U.S. Attorney's Office in Baltimore announced Thursday. The government said the loss was between $2.5 million and $7...