Maryland’s Office of the Commissioner of Financial Regulation was one of only two state banking agencies to be represented on the executive committee that oversaw the investigation that led to the multibillion-dollar nationwide foreclosure settlement with the country’s five largest ...Read More »
Exelon picks Harbor Point Exelon Corp. will build its $120 million, 300,000-square-foot Baltimore headquarters at Harbor Point, part of a $250 million development that it expects will attract about 4,500 permanent jobs, company officials said. The Baltimore Development Corp. is seeking ...Read More »
One day after saying he was not ready to sign onto a proposed settlement between the nation’s attorneys general and five banks over alleged foreclosure abuses, Delaware Attorney General Beau Biden announced the state will join the pact. In a ...Read More »
Maryland stands to receive between $895 million and $959 million in benefits under a pending multibillion-dollar nationwide settlement with the five largest mortgage lenders over alleged foreclosure abuses, Attorney General Douglas F. Gansler said Wednesday. Gansler joined the ranks of ...
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ALBANY, N.Y.— New York’s attorney general on Friday accused some of the nation’s largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 ...Read More »
Pepco agrees to purchase WaterShed house Pepco, the Arlington, Va.-based energy company, agreed to buy WaterShed, the prize-winning solar-powered house that earned the University of Maryland top honors in an international solar energy competition sponsored by the U.S. Department of ...Read More »
FREDERICK — Occupy Frederick members have ended a weeklong encampment to announce their presence and call attention to the local impact of the foreclosure crisis. The Frederick News-Post reports that participants Andrew Vache and Malgorzata Schmidt said the temporary encampment ...Read More »
A battle over homeowner’s insurance and funding for the public defender’s office top the list of most-read legal affairs stories of the week. Also on the list are two more Court of Appeals decisions and news of a so-called “patent ...Read More »
Sparrows Point is back to work Employees of the RG Steel plant in Baltimore County’s Sparrows Point have returned to work earlier than expected after about 720 of them were furloughed Dec. 22. Most returned last week, with about 250 more ...
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Trustees handling a foreclosure sale cannot require a winning bidder to pay their attorneys’ fees for reviewing documents when the deed changes hands, the state’s highest court held Tuesday. The Court of Appeals overturned the ratification of a foreclosure sale ...Read More »