WASHINGTON — Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced previously occupied homes, ...

Tagged with: buyers commerce department construction Financing foreclosure homes inventory National Association of Realtors new homes new-home sales sellers standard & poor's/case-shiller home-price index

WASHINGTON — Americans bought slightly more new homes in November, but 2011 will likely end up as the worst year for sales in history. The Commerce Department says new-home sales rose 1.6 percent last month to a seasonally adjusted annual ...

Tagged with: builders commerce department Financing Foreclosures housing market jobs mortgage National Association of Home Builders new homes sales short sales Taxes

A couple of programs designed to help borrowers and those seeking to refinance have finally gotten underway. Lenders started rolling out Fannie Mae and Freddie Mac’s Home Affordable Refinance Program (Part 2) on Dec. 1, while the FHA officially returned ...

Tagged with: fha Financing housing loans Real Estate Robert Nusgart

Conmed Healthcare Management Inc. of Hanover, which in July agreed to be bought out by Illinois-based Ayelet Investments LLC for $57.2 million in cash, said Tuesday it has been informed by Ayelet that it can’t get the financing it needs ...

Tagged with: Financing hanover illinois new york

If you were anywhere near the University of Baltimore School of Law last week, you probably heard a great sigh of relief from administrators, faculty, staff and students alike. The seemingly endless war between the law school and the university ...

Tagged with: college Education Financing maryland school UB ub law University of Baltimore university of baltimore school of law

MVP Lanes LLC hired RI Hispanic BancGroup LLC in June because its owner said it could help secure the financing that would help MVP move forward with a planned sports bar and bowling alley in Hunt Valley. MVP Lanes, which ...

Tagged with: baltimore ravens Business Financing hunt valley Ray Lewis Real Estate U.S. District Court

We are writing to correct misstatements made by Mr. David Johnson in his recent guest column in The Daily Record regarding the State Center project. First, Mr. Johnson states that the State does not pay rent to occupy the obsolete ...

Tagged with: Baltimore debt ceiling Development Financing General Assembly maryland board of public works state center

Amazing. Just amazing. The last week in the mortgage industry has been a series of wild swings of ups and downs that has culminated in a furious wave of phone calls and emails to borrowers and homeowners to get them ...

Tagged with: bank fannie mae Financing freddie mac housing interest rates loan market Mortgage Bankers Association mortgage industry mortgages rates Real Estate Recession Robert Nusgart s&p

WASHINGTON — Fixed mortgage rates rose this week by the most in four months. The average rate on the 30-year loan increased to 4.60 percent, up from 4.51 percent a week ago, Freddie Mac said Thursday. It hit its lowest ...

Tagged with: economists fed federal reserve Financing fixed mortgage fixed mortgage rate freddie mac mortgage rate prices Real Estate treasury washington

WILMINGTON, Del. — A Delaware judge has authorized the Los Angeles Dodgers to enter into a $150 million bankruptcy financing arrangement after the club satisfied certain concerns raised by Major League Baseball. After trading sharply worded briefs over the proposed ...

Tagged with: Bankruptcy baseball Financing los angeles dodgers major league baseball revenue wilmington