Highlights
A collection of news and information related to Foreclosures published by this site and its partners.
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Mortgage settlement leaves out responsible homeowners
I am concerned as a taxpayer and homeowner about the multi-state settlement in regard to foreclosures and mortgages. I have sympathy toward their plight, but homeowners who had little equity in their homes and thus little to lose have been walking away...Tags: Homes, Rentals, Mortgages, Real Estate Sellers, Financial and Business Services
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Mortgage settlement: A good deal for Maryland
Maryland Attorney General Douglas F. Gansler is right to sign on to the multi-state settlement with the nation's five largest banks over some aspects of the faulty procedures they used to foreclose on homes during the mortgage crisis. The state stands...Tags: Freddie Mac, Justice System, Financial and Business Services, Bank of America Corp., Mortgages
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Maryland joins nationwide mortgage settlement
Maryland Attorney General Douglas F. Gansler has agreed to join other states in a $25 billion settlement with the nation's five largest mortgage servicers — a landmark agreement that would provide nearly $1 billion in aid to Maryland homeowners...Tags: Financial and Business Services, Finance, Prince George's County, University of Baltimore, Bank of America Corp.
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U.S. mortgage deal nears as holdout states join
California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter. Florida, with its large distressed...Tags: Justice System, Elections, Financial and Business Services, Pam Bondi, Bank of America Corp.
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January home sales fall in Baltimore area
January home sales slipped by 5 percent in the Baltimore area, while the number of homes on the market reached its lowest point in nearly six years, numbers released Friday show. There were 1,334 homes sold in the area last month, down from January...Tags: Homes, Real Estate Sales, Marketing, Real Estate Buyers, Inventories
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The feds investigate the mortgage mess: What took so long?
In this week's State of the Union address, President Obama announced to cheers the formation of a new Justice Department unit tasked with going after the big banks and mortgage companies whose reckless lending led to the collapse of the housing market and...Tags: U.S. Department of Justice, Justice System, Financial and Business Services, Barack Obama, Corporate Crime
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State's student homeless population doubles
For a few hours after school, Ryan Johnson is just like most 16-year-olds. He lounges on the couch with his favorite Xbox game or checks his Facebook page.
But then reality sets in. He decamps from his cousins' house for the Howard County cold-weather...Tags: Awards and Prizes, Teaching and Learning, Xbox 360, Students, Facebook
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Changes suggested to stave off foreclosure and its ill effects
A state task force is recommending a raft of changes to give Maryland homeowners a better shot at avoiding foreclosure and — when foreclosures do happen — to give neighborhoods a greater chance at recovering.
The suggestions, presented...Tags: Financial and Business Services, Auction Service, Credit and Debt, Rentals, Mortgages
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Another down year for Baltimore-area housing market
The Baltimore region's housing market posted the fourth straight year of average price declines in 2011 as the number of home sales hit a low not seen in at least a decade and a half.
The average home sold last year in the metro area changed hands for...Tags: Homes, Moody's Corporation, Real Estate Sales, Realty, Real Estate Buyers
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Dream home: Foreclosure find yields cozy treasure for father, daughter
Most people, unless headed to a specific address, will simply drive past the two-story row houses that line the curb along Fleet Street in East Baltimore. Few are wider than 15 feet; their only mark of individuality is usually found in the variety of...Tags: Property, Computing and Information Technology Industry, Building Material, Rentals, Home Improvement
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Coverage of foreclosure protest lacked facts
This letter is in regard to your recent coverage of the foreclosure protest in Union Square ("Occupy Baltimore members gather to fight foreclosure," Jan. 11). As a reader and subscriber to the online and print editions of The Sun, I am disappointed...Tags: Homes, Property Tax, Protest, Deutsche Bank AG, Real Estate
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First Mariner's Hale retires
Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...Tags: Shareholders, Financial and Business Services, PNC Financial Services Group Incorporated, Realty, Corporate Officers
Feb 14, 2012
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Feb 9, 2012
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Feb 9, 2012
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Feb 8, 2012
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Feb 10, 2012
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Jan 29, 2012
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Jan 22, 2012
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Jan 18, 2012
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Jan 10, 2012
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Jan 5, 2012
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Jan 13, 2012
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Dec 23, 2011
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