Richard Cordray, the director of the Consumer Financial Protection Bureau, is expected to announce the adoption of a pioneering federal rule Thursday that is intended to prevent a repeat performance of the risky mortgage lending that led to the mid-2000s housing boom and bust.
Federally insured mortgages in more than a dozen metro Baltimore ZIP codes in the recent years could see foreclosure rates above 15 percent because of risky lending practices, a data-driven study released this week concluded.
Ten months after the national mortgage settlement was hailed as a major step in reforming a broken system, some homeowners are getting aid — but some housing advocates say the overall results are not what they'd hoped.
An Owings Mills man was sentenced Monday to 35 years in prison for defrauding homeowners who sought his help with coordinating mortgage loan modifications, the Maryland Department of Labor, Licensing and Regulation said in a statement.
Three decades into its mission, Enterprise has become an agenda-setter for the affordable housing community and it is responding to a challenging period by reassessing its goals and charting new paths to reach them.
he Maryland Department of Housing and Community Development is planning a series of events for next year about refinancing home loans, Lt. Gov. Anthony G. Brown announced at the 2012 Governor's Housing Conference that was held Tuesday at the Hilton Baltimore hotel.
A Baltimore man pleaded guilty in federal court Friday to conspiracy to commit wire fraud because he secured mortgages for six homes in Upper Fells Point with fraudulent information, prosecutors announced.
As director of the newly-formed Help 4 Homeowners Community Foundation, Arbutus native Joe Liggett plans to offer credit counseling, mortgage modification assistance, real estate consulting and financial educational tutoring at no charge to residents of Arbutus, Catonsville, Lansdowne and Elkridge.
An Owings Mills man has pleaded guilty to mortgage fraud after prosecutors alleged he took money from at least 48 homeowners to help them get loan modifications, then stole the monthly payments they thought were going to their lenders, the state said.
Nearly 3,000 Maryland homeowners received almost $225 million in relief between the beginning of March until the end of June from the national settlement with five mortgage servicers, the state's attorney general announced Wednesday.
Average sale prices stayed steady or rose in more than half the Baltimore region during the first six months of the year, according to a Baltimore Sun analysis. It's the newest evidence that the housing bust is over.
Gospel music lovers missed their chances to purchase tickets for this year's "Afternoon of Musical Praise" featuring Grammy-winning artist Yolanda Adams, slated for August 18 at Aberdeen Proving Ground's Post Theater.