| Jun 17, 2014
| 3:33 PM
Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
| Dec 19, 2013
| 4:39 PM
Maryland expects to receive about $88 million of a $2.1 billion national settlement reached with Ocwen Financial Corp. over "systematic misconduct" in the mortgage servicer's handling of loans.
Announced Thursday, the deal settles a federal complaint...
| Jun 20, 2014
| 1:46 PM
A $20,000 donation in honor of a deceased beagle named Sophie was supposed to save longtime pet-sitters Scottie and Kathleen Prince from foreclosure.
Lenders were planning to sell the Longwood couple's home in February when the Princes embarked on a...
| Jun 16, 2014
| 1:33 PM
The median home price in the core Orlando market increased during May for the fourth consecutive month to reach $165,000 — the highest since 2008, according to a report released Monday.
Prices edged up 1.5 percent from April and 13.7 percent from...
| Mar 17, 2014
| 7:43 PM
California victims of alleged foreclosure abuses will get $268 million in relief from a $2.1-billion national settlement with Ocwen Financial Corp., the nation's largest non-bank provider of mortgage customer service.
Ocwen broke state law by improperly...
| Dec 20, 2013
Ocwen Financial Corp. will provide $2 billion in principal reductions to underwater borrowers, as well as refund $125 million to almost 185,000 borrowers who lost their homes to foreclosure, under a settlement announced Thursday that resolves...
| Dec 30, 2013
| 2:30 AM
The end of the year is a time to review the year that just was. If, like me, you write about the financial services industry, this means you tend to find yourself drinking heavily and/or upping your blood-pressure medication as you total the year's supply...
| Apr 28, 2012
| 7:21 PM
Thousands of vacant homes across South Florida have deteriorated into eyesores that violate local health and safety laws, depress property values and spread blight. The owners of these homes: some of the world's biggest banks.
In an extensive...
| Mar 26, 2010
One week ago, if you owed more than your house was worth, you couldn't refinance your mortgage (unless you had a bucket of cash to bring to the table). You also would have to be very lucky to convince your lender to reduce your debt, if you needed a...