| Jul 15, 2012
Baltimore's effort to recover millions of dollars in lost revenue stemming from the wave of home foreclosures that followed the collapse of the housing market in 2007 was vindicated Thursday when Wells Fargo Bank, the nation's largest mortgage lender,...
| Apr 3, 2012
| 3:00 PM
The following is a transcript of President Obama's politically-charged remarks Tuesday afternoon at an Associated Press luncheon framing the general election campaign, as released by the White House.
Obama: "Thank you very much. (Applause.) Please have...
| Apr 11, 2012
| 9:27 AM
Butler Rubin Saltarelli & Boyd (Butler Rubin) isn’t your average law firm. For one, it’s fairly uncommon to find a firm of its size dedicated solely to complex commercial litigation. But then again, the 36-attorney boutique doesn’t...
| Dec 18, 2012
| 11:34 AM
The cash-strapped Museum of Broadcast Communications will have more time to pay off its newhome after receiving a three-year extension on its mortgage, according to an email this week from founder Bruce DuMont.
“We are moving forward,”...
| Jan 23, 2012
| 5:47 PM
As state attorneys general across the country consider whether to settle with big banks over shoddy and illegal foreclosure practices, some Marylanders are urging Douglas F. Gansler not to sign on the dotted line.
Their efforts are part of a nationwide...
| Jan 29, 2012
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...
| Sep 2, 2012
WASHINGTON — If you're underwater and facing financial distress, what might Fannie Mae's and Freddie Mac's new short-sale-reform policies mean for you? Potentially a lot — even if you are current on your mortgage payments and never imagined...
| Aug 30, 2012
| 10:33 AM
With the clock ticking on a mortgage payment, the Museum of Broadcast Communications is “aggressively pursuing all options to resolve our circumstances,” museum founder Bruce DuMont said this week.
According to documents filed with the...
| Sep 17, 2012
| 1:11 PM
As institutional investors look for better returns in a low-interest-rate environment, Conning has partnered with an Illinois-based lender and underwriter to allow its customers to invest in commercial-mortgage loans.
The commercial mortgage loans will...
| Dec 31, 2012
| 11:17 AM
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...
| Feb 4, 2013
| 11:43 AM
Depending on the status of the real estate market the advice regarding renting versus owning can fluctuate, but for older adults ready to make a move, the state of the economy isn't the only consideration.
For some they have been living in the same...