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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
  • Six indicted in $4.5 million mortgage fraud scheme

    Six indicted in $4.5 million mortgage fraud scheme
    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...
  • Investment Capital Flows Into Real Estate

    ADVERTORIAL CONTENT 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...
  • Woman pleads guilty to stealing $1.5 million in Columbia mortgage fraud

    Woman pleads guilty to stealing $1.5 million in Columbia mortgage fraud
    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,...
  • Almost 1 in 5 Baltimore-area homeowners underwater

    Almost 1 in 5 Baltimore-area homeowners underwater
    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...
  • Mortgage fraud led to foreclosure for six Upper Fells homes

    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-...
  • Understanding the Dynamics of Inventory

    ADVERTORIAL CONTENT 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...
  • FHA policies helped cause foreclosure crisis

    FHA policies helped cause foreclosure crisis
    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...
  • Homeowner questions huge jump in home insurance premium

    Homeowner questions huge jump in home insurance premium
    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 &#...
  • Not quite a Hollywood ending at the Senator

    Not quite a Hollywood ending at the Senator
    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...
  • 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...
  • Top mayoral aide got homestead tax breaks for rental property

    Top mayoral aide got homestead tax breaks for rental property
    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. State...
  • Settlement for Baltimore woman denied mortgage while pregnant

    Settlement for Baltimore woman denied mortgage while pregnant
    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....