| Jan 11, 2013
| 5:00 PM
A federal grand jury in Baltimore indicted six people in a $4.5 million mortgage scheme that allegedly defrauded banks, home buyers and sellers across the state, the U.S. Department of Justice announced Friday.
The indictment said a group of six...
| Sep 12, 2012
| 12:33 PM
In the past few years, real estate has increasingly become an investment option that’s difficult to ignore. With moderated pricing and historic financing conditions, the costs associated with acquiring investment properties...
| 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...
| Dec 31, 2012
| 11:17 AM
Imagine that a federal agency wanted to hurt America's working-class families on purpose. How would it inflict maximum damage?
It might start by aggressively marketing homeownership to marginal borrowers. It would tell them that bad credit scores aren't...
| Jan 31, 2013
| 10:17 AM
In the six months that have passed since Margaret Fulcher received her most recent homeowners insurance policy, she has moved on from being shocked to simply incensed.
The premium to fully insure her Baltimore rowhouse increased fourfold last year ...
| 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...
| Apr 30, 2013
| 6:02 PM
A top aide to Mayor Stephanie Rawlings-Blake received more than $14,000 in homestead property tax breaks on an East Baltimore rental property he owns, records show, even though only owner-occupied homes qualify for the subsidy under Maryland law.
| Apr 30, 2013
| 1:24 PM
A mortgage lender based in Utah has agreed to pay a Baltimore woman $13,000 for denying her a loan because she was pregnant and on maternity leave, the U.S. Department of Housing and Urban Development announced Tuesday.
Primary Residential Mortgage Inc....