Wells Fargo event to help struggling borrowers
Struggling borrowers with Wells Fargo or Wachovia mortgages can go to a Wells Fargo event at the Baltimore Convention Center next week for help. The company will have representatives on hand to discuss options, including eligibility for the federal Home Affordable Modification Program. The event will run from 10 a.m. to 7 p.m. Monday through Wednesday at One West Pratt Street, Level 100, Hall F. Borrowers should bring a letter explaining their situation, a list of their assets and expenses, and recent pay stubs, bank statements and tax returns/W2s.
- Jamie Smith Hopkins
O'Malley names new state insurance commissioner
Gov. Martin O'Malley on Friday elevated a deputy commissioner of the Maryland Insurance Administration to the agency's top post where she will oversee the state's $26 billion insurance industry. Elizabeth "Beth" Sammis has served as deputy commissioner with a focus on legislative and regulatory policy and health insurance. Sammis replaces Ralph S. Tyler, who left to become chief legal counsel to the federal Food and Drug Administration. Before working as a deputy commissioner, Sammis worked as a vice president for government affairs for insurer UnitedHealthcare in the Mid-Atlantic region.
- Gus G. Sentementes
FDA cites safety violations by Jessup seafood processor
The Food and Drug Administration has ordered the Jessup seafood processor Congressional Seafood Co. Inc. to stop processing and distributing adulterated seafood because it doesn't comply with federal safety laws. The agency said the company did not document that fish were refrigerated at correct temperatures, failed to keep fish species separate to avoid cross-contamination and did not keep records of sanitation requirements. The company delivers seafood in Virginia, Pennsylvania, New Jersey, and Washington. Three executives were cited.
- Andrea K. Walker
$5 million in tax credits awarded for preservation
The state has awarded $5 million in tax credits for historic preservation to four projects, Gov. Martin O'Malley said Friday. Union Mill in Baltimore, a $20 million project by Seawall Development Co., will transform a vacant manufacturing building into housing and commercial space. Proctor House in Bel Air, a $500,000 project by Kelly Financial Group LLC, will turn vacant storage space into offices. The other two projects are at the National Park Seminary development in Silver Spring.
- Lorraine Mirabella