A federal judge has granted 1st Mariner Bank a judgment by default in its defamation lawsuit against an out-of-state lawyer and his law firm.

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WASHINGTON — Average U.S. rates on fixed mortgages fell this week and remained near historic lows, a trend that has supported a recovery in housing. Freddie Mac said Thursday that the average rate for the 30-year loan fell to 3.54 ...

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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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In the last couple of years there has been a frenzy of home owners who have refinanced. Not just once. Maybe twice. Even three times. They’ve lowered their rates. They’ve lowered their monthly payments. They’ve lowered the number of years ...

Tagged with: finance freddie mac housing loan market Real Estate refinancing Robert Nusgart

WASHINGTON — The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ...

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Anthony Scardelletti and Seth Weisman have joined Embrace Home Loans’ Rockville office as senior officer and senior loan officer, respectively. Scardelletti, of Potomac, has more than 16 years of experience in the mortgage industry. He was previously a partner at ...

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They still don’t get it. A couple of weeks ago, with much fanfare, the Obama administration rolled out a new program that would allow FHA borrowers who settled on a home before June, 1, 2009, to refinance to current lower ...

Tagged with: federal housing authority fha loan mortgage refinancing Robert Nusgart

WASHINGTON — Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped last week, while the 15-year loan fell to a new record low. Mortgage buyer Freddie Mac says the ...

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WASHINGTON — The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the 12th straight week, keeping home-buying and refinancing attractive for those ...

Tagged with: fixed mortgage rate freddie mac home buying Mortgage Bankers Association mortgage rate refinancing washington

WASHINGTON — The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing. Freddie Mac says the rate on the ...

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