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U.S. indicts Md. man in mortgage fraud (UPI)
GREENBELT, Md., March 9 (UPI) -- Authorities Tuesday arrested a Maryland man in what the Department of Justice called a massive mortgage fraud scheme that left victims homeless.
Wed, 10 Mar 2010 02:49:09 GMT.
Hard Times Update: Readers Share Tales of Foreclosure Schemes, Mortgage Misfortune (The Huffington Post)
What's Your Reaction? Last month, we put out a call for stories and photos to help document the effect that "Hard Times Profiteers" are having on distressed borrowers and others suffering financial hardship because of the recession. The response was robust.
Wed, 10 Mar 2010 19:28:36 GMT.
Amanda Zamora: Hard Times Update: Readers Share Tales of Foreclosure Schemes, Mortgage Misfortune (The Huffington Post)
Send Us Your Tips and 'Bandit Sign' PhotosLast month, we put out acall for stories and photosto help document the effect that "Hard Times Profiteers"...
Tue, 09 Mar 2010 23:28:46 GMT.
Ideal Federal Savings Bank ordered by feds to merge or sell assets (The Daily Record)
One of Maryland?s oldest black-owned financial institutions has been ordered by federal regulators to merge with another bank or find a buyer for its assets. Ideal Federal Savings Bank, which has one branch on Druid Hill Avenue in the Upton area of Baltimore, has until March 31 to submit a binding merger agreement to its regulator, [...]
Wed, 10 Mar 2010 18:34:33 GMT.
Firing the $70 billion man: Full version (CNN Money)
On November 19, 2009 Jeffrey Gundlach was named a finalist for Morningstar's award for bond fund manager of the decade. For Gundlach, the nomination recognized 10 years of stellar results, exceeding even the returns of the legendary king of bonds, Bill Gross.
Wed, 10 Mar 2010 09:54:32 GMT.
Shawn Green Sentenced to 12 Years in Prison (Baltimore City Paper)
The News Hole by Erin Sullivan: On March 8 the U.S. Attorney's Office for Maryland announced that Judge J. Frederick Motz sentenced former federal fugitive Shawn Green to 12 years in prison for his role in a conspiracy to distribute 330 pounds of cocaine. In December, Green pled guilty to charges of drug dealing and being part of...
Tue, 09 Mar 2010 23:56:22 GMT.
Consuming Interests: Tax pro answers homebuyer credit questions (Baltimore Sun)
Give a round of applause to Michael Agetstein, chair of the tax department for the Maryland accounting firm, KatzAbosch. He has tackled some difficult questions from our readers on the homebuyer credit.
Tue, 09 Mar 2010 16:20:23 GMT.
30-year mortgage rates dip below 5% as market drags (Washington Post)
Mortgage interest rates declined this week, lowering borrowing costs as the housing market's recovery shows signs of slowing.
Sat, 06 Mar 2010 05:00:00 GMT.
Officials call for financial literacy graduation requirement for students (The Prince George's Sentinel)
Students, parents, business leaders and politicians met Feb. 24 in Annapolis to call for passage of legislation mandating financial literacy education for all students before they graduate from high school.
Wed, 10 Mar 2010 18:39:26 GMT.
Briefly: March 10 (Old Colony Memorial & Plymouth Bulletin)
Read about what's happening in and around Plymouth.
Wed, 10 Mar 2010 15:16:15 GMT.