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Tag Archives: lending

Lending by big banks to small businesses hits record high, study finds (access required)

One thing that’s critical for growth in a capitalistic economy and that’s capital. Small businesses, which have created two out of three new jobs in this country in recent years, are the ones with big capital needs. The good news ...

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Report: Race most significant in Baltimore’s lending disparities (access required)

A recent report by a Washington, D.C., advocacy group has confirmed what many organizations that work with low-income families in the city say they’ve already suspected: getting a mortgage in Baltimore isn’t necessarily about one’s credit score, it’s about race. ...

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ERIC KEMPSON, et ux. v. ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIATION (access required)

Appellants filed a pro se Motion to Vacate Judgment on the ground of fraud pursuant to Rule 2-535(b). Their fraud allegation was based upon a claim that they never entered into a contract with the party named as plaintiff. In its response, the bank admitted that it had incorrectly stated its own name through “a scriveners error."

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Witty joins Susquehanna Bank (access required)

James D. Witty has joined Susquehanna Bank as regional president for the Baltimore area and eastern Maryland. Witty will provide leadership to Susquehanna’s commercial and retail banking teams in Baltimore city and Baltimore, Carroll, Howard, Anne Arundel, Harford and Worcester ...

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Feds sue mortgage broker, alleging lending fraud

NEW YORK — The federal government sued one of the nation’s largest privately held mortgage brokers on Tuesday, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose ...

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Prince George’s County keeps AAA bond rating

UPPER MARLBORO — Prince George’s County has retained its AAA bond rating from three ratings houses. The Washington Post reports the ratings came from Fitch, Standard & Poor’s and Moody’s. The ratings indicate that the county’s financial stability is seen ...

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