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Tag Archives: Financing

Car dealerships lose suit against GMAC (access required)

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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