Mortgage crisis deepens in Md.
Friday Nov 20 | via The Baltimore Sun
About 10% of Md. borrowers seen as good credit risks lag; trade group blames unemployment, falling home prices By Jamie Smith Hopkins The Baltimore Sun The mortgage crisis has worsened to the point that about one in every 10 prime borrowers in Maryland and nationwide - homeowners judged to be good credit risks - were behind on payments in ... Comment?
Home builder Gemcraft files for bankruptcy
Friday Nov 13 | via The Baltimore Sun
Harford County-based Gemcraft Homes Inc., one of the largest independent home builders in the mid-Atlantic, has filed for Chapter 11 bankruptcy protection amid declining sales in the recession. Comment?
Greater Baltimore home sales rise 36% in October; pr...
Tuesday Nov 10 | via Baltimore Business Journal
The number of homes sold across Greater Baltimore spiked 36 percent in October as housing prices continued their downward spiral. Comment?
Buyers, Realtors Hoping for Tax Credit Extension
Oct 29, 2009 | via WMAR
It is literally a new sign of these timesa a home under contract. Gary Nelson is a real estate agent for Long and Foster in Harford County. Comment?
September home sales up 10% in Baltimore metro area
Oct 9, 2009 | via The Baltimore Sun
Home sales last month in the Baltimore metro area were up nearly 10 percent over a year ago as prices continued to fall. Comment?
Colo. Woman Who Won Md. House Raffle Sells Prize
1 hr ago | via cbs4denver.com
A Colorado woman who won a $1.2 million house in Maryland in a $50-a-ticket raffle last year has sold the property to a church. Comment?
O'Malley to renew fight against false Medicaid claims
4 hrs ago | via Gazette.Net
Gov. Martin O'Malley's 2010 General Assembly agenda is beginning to take shape, as the economy becomes a major factor in his legislative program. Comment?
BankAnnapolis, others wade back into real estate loa...
Yesterday | via Baltimore Business Journal
BankAnnapolis' Richard M. Lerner and John Miller want to go after commercial real estate deals that aren't getting loans in the tight economy. Comment?
Yesterday | via Washington Business Journal
The weekly roundup of senior-level executive appointments in Greater Washington. Comment?
Study: In Md., working class bears brunt of recession
Saturday Dec 5 | via The Baltimore Sun
Maryland might be holding up better than most states, but the deep national recession walloped rank-and-file workers on the lower end of the pay scale, according to a new report by two groups. Comment?
JPMorgan Outlines Loan Losses, Hiring Plans
1 min ago | via TheStreet.com
JPMorgan Chase disclosed Tuesday its quarterly losses from home equity loans could reach $1.4 billion over the next several quarters, according to presentation materials posted on the company's Web site. Comment?
Housing statistics show stable prices, sales up from...
1 min ago | via KVBC-TV Las Vegas
Housing statistics released Tuesday by the Greater Las Vegas Association of Realtors show local home prices remaining fairly flat while sales decreased from the previous month but increased dramatically compared to one year ago. Comment?
Lawmakers impatient with Obama mortgage plan
2 min ago | via Myrtle Beach Online
Only one in three homeowners who have signed up for the Obama administration's mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the government's effort to stem the foreclosure crisis. Comment?
Home Mistakenly Sold At Foreclosure
3 min ago | via NBC Action News
Families across the metro are going from homeowner to homeless. It's a harsh reality that came knocking on the door of a Liberty family in surprising fashion. Comment?
4 min ago | via Zacks Analyst Blog
President Obama spoke today at the Brookings Institute about new initiatives to spur job creation. Comment?