Baltimore Real Estate News
Real Estate news for Baltimore, MD continually updated from thousands of sources.
Thursday Jan 22 | via Forbes.com
I'm an author and advisor who focuses on helping those doing good in the world. I call myself a "champion of social good." Comment?
Thursday Jan 8 | via Business Journal
Good morning. It's going to be cloudy and mild with temperatures reaching the upper 40s today in Baltimore. Comment?
Dec 24, 2014 | via The Baltimore Sun
The state will be mailing a not necessarily welcome Christmas gift to more than 740,000 property owners Friday - results from the latest round of property assessments, which showed home values increasing an average of 8.1 percent. The second year in a row of growth in home values reflects overall improvement in the housing market since 2011, the last time this group of properties was evaluated for tax purposes. Comment?
Dec 22, 2010 | via Examiner.com
For the third year, Redfin real estate has made their picks. They asked their real estate agents, who they say are the ultimate neighborhood experts because they constantly driving around to take clients on home tours or attend open houses, and living in the community. Comment?
Dec 22, 2014 | via ABC2 Maryland
Back in 2011 Baltimore City was in the throes of the foreclosure crisis. During that time, whole blocks and neighborhoods were decaying with every home that went under. Comment?
Yesterday | via Inman Real Estate News
Wells Fargo has agreed to pay $34.8 million to settle allegations that more than 100 loan officers in at least 18 branches steered thousands of mortgage borrowers to a Maryland-based title company in exchange for kickbacks in the form of valuable marketing services and cash. JPMorgan Chase will also pay $900,000 to resolve a complaint by regulators that at least six Chase loan officers participated in the kickback scheme allegedly employed by Genuine Title. Comment?
Friday | via Herald Gazette
Government regulators have ordered Wells Fargo and JPMorgan Chase to pay $35.7 million to settle charges for their part in an illegal mortgage marketing kickback scheme that involved a title company that sought consumer referrals from lenders in exchange for cash. On Thursday, the Consumer Financial Protection Bureau and the Maryland Attorney General's Office accused a former title company, Genuine Title, of offering the banks' loan officers cash, marketing materials, and other consumer information in exchange for business referrals. Comment?
Thursday Jan 22 | via Washington Examiner
Wells Fargo and JPMorgan Chase will pay a combined $36 billion to settle charges that they took kickbacks from a real estate business, the Consumer Financial Protection Bureau announced Thursday. The CFPB and the Maryland Attorney General's office took action against the two banks for an illegal marketing kickback scheme in which the banks received money, marketing materials and customer information from a company called Genuine Title in exchange for referrals for their business. Comment?
Thursday Jan 22 | via National Mortgage News
Wells Fargo and JPMorgan Chase could face more than $35 million in penalties and restitution for allegedly receiving data on consumers and other services in return for directing customers to a Maryland-based title company. The kickbacks were alleged in a complaint filed Thursday by the Consumer Financial Protection Bureau and the Maryland attorney general, which say the two banks benefited from "valuable services" in exchange for referring business to Genuine Title, which has since shut down. Comment?
Thursday Jan 22 | via Mortgage News Daily
Wells Fargo and JPMorgan Chase along with a former Wells Fargo employee and his wife are the subjects of consent orders filed by the Maryland Attorney General and the Consumer Financial Protection Bureau . The orders ask for close to $37 million in civil penalties and consumer redress, by far the bulk of the moneys coming from Wells Fargo. Comment?
33 min ago | via Seeking Alpha
After a two-and-a-half-year wait for "whatever it takes," the quantitative easing announced this week by the European Central Bank is different from the QE undertaken by the Federal Reserve during and after the financial crisis and now completed. The European action comes in the aftermath of the Fed's programs and is a European attempt to confront complex economics. Comment?
36 min ago | via Reuters
US regulators shocked the ratings industry this week when it announced charges against a former employee of Standard & Poor's, claiming she misled investors about some CMBS trades the agency rated. It is the first time the SEC has pursued charges against an individual from a rating agency since the regulator got broader scope over the agencies under the Dodd-Frank Act in 2010. Comment?
44 min ago | via WTSP-TV Saint Petersburg
The recent policy changes affect government-backed home loans and could make it less costly for first-time buyers to come up with a down payment or to afford private mortgage insurance. Making it less costly for first-time homebuyers The recent policy changes affect government-backed home loans and could make it less costly for first-time buyers to come up with a down payment or to afford private mortgage insurance. Comment?
50 min ago | via Examiner.com
Let's get the bad news right on the table. Condominium sales in the Northern Palm Beaches as of January 15th put in the worst monthly performance we have seen in a very long time. Comment?
55 min ago | via Builder
MarketWatch staffer Greg Robb reports that sales of existing homes fell last year for the first time since 2010, despite several factors that typically help the market, including low mortgage rates. There are two trends worth mentioning about the latest National Association of Realtors data print on existing home sales. Comment?
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