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Real Estate

Task force targets Md.'s high mortgage fraud areas

A statewide mortgage fraud task force is focusing on Montgomery and Prince George's counties and the Baltimore area, where Maryland's highest concentrations of mortgage-related crimes occur.

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Bethesda-based CoStar sees less profit

CoStar Group, of Bethesda, said its fourth-quarter profit declined last year. The commercial real estate information company reported fourth-quarter net income of $7.5 million, versus $9.7 million for the 2007 period.

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University of Baltimore announces new bookstore

<font face="ITCCentury Book" size="2" color="black"><span style="font-size: 9.5pt">Barnes &amp; Noble College Booksellers will open a 20,000-square-foot bookstore in the Fitzgerald at UB Midtown, a $77 million mixed-use apartment building under construction in Baltimore. </span></font>

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Biofuel plant called complete

New Generation Biofuels Holdings Inc., of Lake Mary, Fla., announced that construction of its first commercial-scale renewable fuels facility at the port location of Atlantic Terminaling in Baltimore is substantially complete.

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Fannie Mae, Freddie Mac again suspend foreclosures

Government-controlled mortgage finance companies Fannie Mae and Freddie Mac said Friday they have immediately suspended all foreclosure sales involving occupied single-family and 2-4 unit properties through March 6, to give troubled borrowers more time to work with loan servicers to avoid losing their homes.

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