2011 to top 2010 record of 1 million foreclosures

BY: Associated Press
POSTED: January 13, 2011
Tags: 2011, Economy, Foreclosures, housing, Real Estate, Recession, record, Unemployment

NEW YORK — The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 million borrowers are at least two months behind on their mortgages and industry experts say more people will [...]

On the move: January 12, 2011

BY: Daily Record Staff
POSTED: January 12, 2011
Tags: 2011, award, Baltimore, Debbie Edwards Veihdeffer, Habitat for Humanity, Helen M. Phillips, Hord Coplan Macht, maryland, Mercy Medical Center, northrop grumman, On the Move, Preservation Maryland, Presidential Leadership Award for Innovation and Technology, PricewaterhouseCoopers, richard greenwood, Syma R. Mendelsohn

Accounting Richard Greenwood has transferred to the Baltimore office of PricewaterhouseCoopers from the company’s Boston office and been promoted to audit partner in the technology practice. The native of the United Kingdom worked at PricewaterhouseCoopers in Manchester, England until 1999, when he transferred to the Boston office. Architecture Hord Coplan Macht, a full-service architecture and [...]

Md. legislative session begins with search for answers, money

BY: Nicholas Sohr
POSTED: January 12, 2011
Tags: 2011, Annapolis, budget, delegates, General Assembly, gov. martin o'malley, House Minority Leader Anthony J. O’Donnell, lawmakers, legislative session, maryland, senate, state house

ANNAPOLIS — Maryland’s General Assembly eased into its 2011 session Wednesday with cheerful pomp, hugs and handshakes overshadowed by the towering issues lawmakers will deal with over the next 89 days. Gov. Martin O’Malley and the leaders of both legislative chambers called for greater cooperation and compromise. “We have tough choices to make and we’re [...]

Mortgage applications rose last week

BY: Associated Press
POSTED: January 12, 2011
Tags: 2011, applications, Banking, Economy, interest rates, loans, mortgages, new york, rose, stock exchange

NEW YORK — The number of people applying for a mortgage rose last week as lower rates lured more borrowers to refinance. The Mortgage Bankers Association said Wednesday its overall mortgage application index increased 2.2 percent from the previous week. The refinance index rose 4.9 percent, while the purchase index slipped 3.7 percent last week. [...]

Maryland lawmakers convene to open session

BY: Associated Press
POSTED: January 12, 2011
Tags: 2011, Annapolis, budget, cuts, General Assembly, gov. martin o'malley, legislative session, martin O'Malley, maryland, medicaid, Senate President Thomas V. Mike Miller, state house

ANNAPOLIS — Senate President Thomas V. Mike Miller says a proposal to raise about $200 million by raising taxes on alcohol in Maryland is “insanity personified.” Miller, D-Calvert, and House Speaker Michael Busch, D-Anne Arundel, spoke on the Marc Steiner radio program on WEAA-FM Tuesday before the opening of the Maryland General Assembly’s 90-day session. [...]

Court opinions: January 10, 2011

BY: Daily Record Staff
POSTED: January 9, 2011
Tags: 2011, Baltimore, Bates v. Cohn, Inc., Inc. v. BP Solar International, Ireland v. Shearin, january, maryland, maryland court of appeals, maryland court of special appeals, MEMC Electronic Materials, north branch correctional institution, opinions, public information act, Statute of frauds

MARYLAND COURT OF APPEALS Administrative Law Public Information Act BOTTOM LINE: Prison warden improperly denied inmate’s request for documents under the Public Information Act by directing the inmate to resubmit the requests to individual departments within the prison’s agency. CASE: Ireland v. Shearin, No. 26, Sept. Term, 2010 (filed Dec. 20, 2010) (Judges Bell, Harrell, [...]

Economic experts voice cautious optimism for 2011

BY: Ben Mook
POSTED: January 7, 2011
Tags: 2011, Baltimore, Banking, dow jones, Economy, elizabeth a. duke, federal reserve board, forecast, governor, market, maryland, maryland bankers association, NYSE, optimism, Recession, Sage Policy Group, spending, Unemployment, wall street

While 2011 is barely underway, there remains cautious optimism that this year will see less unemployment, more freedom in the credit markets and greater spending by consumers in Maryland and the country as a whole. For its annual First Friday meeting, the Maryland Bankers Association convened a panel of economists and Federal Reserve Governor Elizabeth [...]

Editorial: Our to-do list for 2011

BY: Daily Record Staff
POSTED: January 6, 2011
Tags: 2011, Business, Editorial, Fiber for Communities, Greater Baltimore Committee, gregg bernstein, legal, maryland, Monmouth Park, to-do list

We used this space throughout 2010 to weigh in on many issues important to Maryland’s legal and business communities. Some of those issues were resolved in good fashion, others not so much. That leaves us with plenty of unfinished business to tackle in 2011, and here are our top action items for the New Year: [...]

Opinions: January 3, 2011 

BY: Daily Record Staff
POSTED: January 2, 2011
Tags: 2011, Attorney Grievance Comm’n v. Sweitzer, Baltimore, disbarred, fox, january 3, jury instruction, maryland, maryland court of appeals, missing evidence, opinions, telephone consumer protection act

MARYLAND COURT OF APPEALS Consumer Law Telephone Consumer Protection Act   BOTTOM LINE: The Maryland Telephone Consumer Protection Act is not a statutory “specialty” law under the CJP and, therefore, the statute of limitations for actions brought pursuant to it is three years.   CASE: AGV Sports Group, Inc., et al. v. Protus IP Solutions, [...]

Gene Policinski: 2011 will see some old First Amendment issues 

BY: Gene Policinski
POSTED: December 30, 2010
Tags: 2011, Congress, diplomatic, first amendment, funeral protests, gene policinski, government records, julian assange, leak, legislative debates, president obama, u.s. cables, U.S. Justice Department, us supreme court, violent video games, wikileaks

Welcome, 2011, and all that you offer as a New Year: a chance for a fresh start and the promise of new opportunities. But it’s fair to say that in terms of the First Amendment, you’re going to look a lot like your departing calendar relative. Many of the major court battles, legislative debates and [...]

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