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Tag Archives: Financing

Car dealerships lose suit against GMAC

Two Eastern Shore car dealerships that were driven out of business when General Motors Acceptance Corp. called in their loans in 2009 lost a second time last week, when a judge found the financing company had not breached the contract nor any implied obligation of good faith and fair dealing.

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Banks fall short in helping struggling homeowners

WASHINGTON — Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation’s top mortgage servicers, according to a report released Wednesday. Such delays can plunge borrowers deeper in ...

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Panel approves Baltimore casino license

ANNAPOLIS — A state commission on Tuesday approved a slot machine license for Caesars Entertainment to build a casino in Baltimore, and the panel signed off on a scaled-back proposal for a casino in Western Maryland where developers could not ...

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