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Tag Archives: hud

Baltimore casino hit with RICO lawsuit

Baltimore and the city’s Horseshoe casino accepted federal housing funds aimed at giving a leg up to minority businesses and low-income individuals but then failed to award contracts for a significant portion of the construction of the $400 million casino ...

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Walker & Dunlop buys loan business

Walker & Dunlop, of Bethesda, a provider of commercial real estate financing services, announced it has a deal to acquire Johnson Capital’s loan origination and servicing business. Johnson Capital, a commercial real estate mortgage company, has originated $1.3 billion in ...

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Opinions – 10/17/11: Maryland Court of Appeals

Administrative Law Contested case hearings BOTTOM LINE: Prior to the termination of housing assistance benefits administered pursuant to the Section 8 housing program, the Department of Housing and Community Development must, upon request, provide a “contested case” hearing. CASE: Walker ...

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ShopRite comes to Timonium, Lutherville strip mall for sale, tidbits and more

The shelves will once again be stocked in the grocery at Fairgrounds Plaza in Timonium as a new ShopRite moves in next week. The 57,000-square-foot anchor in the plaza at 37 West Aylesbury Road where the former Super Fresh once ...

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Robert Nusgart: Feds getting new good-faith estimate right

Finally, they might be getting it right. As a part of the sweeping changes to the mortgage industry, the federal government about two years ago stepped in and decided to redesign the good-faith estimate form that all lenders are required ...

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Melody Simmons’ real estate notebook

The Strata Group this week formed a foreclosure unit that will specialize in “all aspects of transforming bank-owned properties into assets for homebuyers and investors in Central Maryland.” The group will offer comprehensive services to entities that control foreclosed properties, ...

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Post-foreclosure challenge came too late

A former homeowner cannot undo a foreclosure sale based on her government-insured lender’s failure to comply with HUD-required loan mitigation efforts in the absence of fraud, Maryland’s top court held Thursday. The unanimous Court of Appeals said people in foreclosure ...

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