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Tag Archives: wachovia

Gansler announces mortgage rate settlement

Maryland Attorney General Doug Gansler has announced an agreement with Wells Fargo relating to allegedly deceptive marketing of adjustable rate mortgages written by companies it acquired in 2008. Gansler said Thursday the settlement involves mortgages written by Wachovia and Golden ...

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Outside Counsel: Big deals with a Maryland legal connection (access required)

Constellation, Exelon file merger applications Constellation Energy Group Inc. and Exelon Corp. are moving ahead with their planned merger and have filed the necessary applications with all regulatory bodies. In a filing with the Securities and Exchange Commission on May ...

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Fed names banks that drew loans during crisis

WASHINGTON — For the first time in its 98-year history, the Federal Reserve on Thursday identified banks that borrowed from its oldest lending program, naming those that drew emergency loans during the financial crisis. The Fed was forced to make ...

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Martin hired as project manager by Mullan Contracting

Philip E. (Bud) Martin has been hired as project manager of Mullan Contracting Co., a construction management and general contracting firm based in Lutherville. He previously was project manager for Morgan-Keller, in Frederick. Martin has more than 30 years of ...

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Opinions: Maryland Court of Appeals (access required)

Banking Law Credit Agreement Act BOTTOM LINE: The statute of frauds provision in the Maryland Credit Agreement Act did not bar consideration of whether borrowers’ counterclaims, alleging negligence, fraud, and breach of fiduciary duty, were sufficient grounds to open, modify, ...

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