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Tag Archives: homeowners

Md. homeowners have received more than $220M from mortgage settlement

Maryland Attorney General Doug Gansler says Maryland homeowners have received more than $220 million so far from a national mortgage settlement. Gansler said Wednesday that 2,825 Maryland homeowners received the assistance between March 1 and June 30. The figures are ...

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Average on 30-year mortgage up to 3.66 percent

WASHINGTON — Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year. Mortgage buyer Freddie Mac says the rate on the ...

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Home Depot sees signs of improving housing market

ATLANTA — The Home Depot Inc. is feeling more optimistic about the recovery of the housing market after customers spent more on sprucing up their homes in the second quarter. The country’s biggest home-improvement retailer said Tuesday that strong cost ...

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Freddie Mac posts $1.2B net income for 2Q

WASHINGTON — Government-controlled mortgage giant Freddie Mac posted net income of $1.2 billion for the second quarter and isn’t requesting any additional federal aid for the period. The government rescued Freddie and larger sibling Fannie Mae in September 2008 after ...

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Frederick Co. to issue $100 property tax rebates

FREDERICK — Frederick County homeowners will be getting some property tax relief this year. The Frederick News-Post reports that commissioners approved an ordinance Thursday to refund $6.7 million in surplus revenue by sending $100 to each homeowner. Commissioner David Gray ...

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Frederick County weighs property tax rebate

FREDERICK — Frederick County homeowners may be getting some property tax relief in the form of $100 checks. The Frederick News-Post reports that county commissioners were poised to vote Thursday on whether to refund $6.7 million in surplus revenue by ...

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Gov’t bars Fannie-Freddie from reducing principal

WASHINGTON — A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration. The Federal Housing Finance Agency announced the decision ...

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Joe Surkiewicz: Legal Aid provides full range of help to people facing foreclosure

Thousands of Maryland homeowners find themselves between a rock and a hard place. Saddled with mortgages they can’t afford, they often discover they can’t sell their homes at a price that will cover their note. And foreclosure looms.

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Sales of previously occupied homes up in April

WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend. An increasing portion of those sales are from first-time buyers, who are critical to a ...

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