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Tag Archives: mortgage

Md. high court rejects bank’s pursuit of mortgage reformation (access required)

The Court of Appeals rejected a second attempt to reform a mortgage and foreclose on a Cockeysville couple’s property Monday, finding the bank trustee was barred by claim and issue preclusion from bringing the second lawsuit. The Court of Appeals affirmed a ...

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Unions, activists decry investors purchasing Baltimore’s distressed mortgages (access required)

Activists and unions urged a Baltimore City Council committee to consider actions against lenders they argue hurt the city by purchasing distressed mortgages, evicting homeowners and leaving properties vacant. The Housing and Urban Affairs Committee held a hearing on Thursday ...

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Buying a car? A home? Fed rate hike shouldn’t matter much (access required)

WASHINGTON — For anyone considering whether to buy a home or car, the Federal Reserve’s interest rate increase Wednesday shouldn’t make much difference. The rates that most people pay for mortgages, auto loans or college tuition aren’t expected to jump ...

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