News PhotosLocal Headlines
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Foreclosure counseling waiting list gets longer
Monday Jun 22 | via Gazette.Net
More than two years into the mortgage crisis, unemployment has changed the face of foreclosure in Montgomery County, according to county officials. Comment?
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Wednesday Jun 17 | via Gazette.net
Romulo H. Sanz helps Gaithersburg residents who asked not to be identified at the Neighborhood Service Center in Gaithersburg. Comment?
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Jun 1, 2009 | via WTOP
Organizers of an effort overturn a new speed camera law in Maryland before it takes effect this fall say they failed to gather enough signatures to continue their effort. Comment?
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Credit unions in alliance see mortgage volume rise
Jun 1, 2009 | via Washington Business Journal
Credit unions that have joined a mortgage alliance between Fannie Mae and the National Association of Federal Credit Unions saw a 242 percent surge in residential mortgage lending volume in the first quarter, compared with the same period a year ago. Comment?
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Followup Commentary: Reporter Edmund Andrews Left Ou...
May 27, 2009 | via Huntington News
May 27, 2009 FOLLOWUP COMMENTARY: Reporter Edmund Andrews Left Out His New Wife's Two Bankruptcies By David M. Kinchen Huntingtonnews.net Editor In my May 20, 2009 commentary on the financial woes of a high-earning New York Times reporter based in Washington, DC I chronicled the story of Edmund L. Andrews and his difficulties paying the mortgage on ... Comment?
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Regional Headlines
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Prince George's uses $10.8M federal grant to spur ho...
Wednesday Jul 8 | via Gazette.Net
In an effort to combat foreclosures and dismal home sales in Prince George's, potential homebuyers are being offered up to $20,000 to buy repossessed homes in the county. Comment?
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Census undercount could curtail federal funds
Wednesday Jul 1 | via The Recorder
Maryland could get shortchanged on its share of $3 trillion in federal funding over the next decade if officials can't prevent undercounting of residents in the 2010 census. Comment?
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Bank accused of predatory practices
Thursday Jun 18 | via Gazette.net
One of the nation's largest banks allegedly set up a special sales office to steer risky subprime loans to residents in Prince George's County, Baltimore city and other predominantly black communities at the height of the real estate boom, former Wells Fargo Bank employees allege in a lawsuit. Comment?
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Sunday Jun 14 | via The Baltimore Sun
The Howard County Office on Aging, through Maryland Access Point , is offering counseling to Maryland residents ages 62 and older who are considering a reverse mortgage. Comment?
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Maryland Man Indicted For Mortgage, Insurance Fraud
Thursday Jun 11 | via WUSA9.com Washington, DC
A grand jury has indicted Edward Scott Hanson on six counts. They include theft, mortgage and insurance fraud, and exploiting vulnerable adults. Comment?
National Headlines
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The age groups most exposed to the slump
6 min ago | via This Is Money
People aged between 45 and 64 are feeling the effects of the recession the most, according to new research. Comment?
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45-64s hardest hit by recession
6 min ago | via Motherwell Today
People in the run-up to retirement have been hardest hit by the recession due to the double impact of rising unemployment and falling asset values, research shows. Comment?
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Firm expects more first-time home sales
8 min ago | via Kalamazoo Gazette
At a time when much of the real estate market continues to decline, a local home-building company is finding success targeting first-time homebuyers. Comment?
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Lowering house payments not impossible
11 min ago | via Inland Valley Daily Bulletin
If you're on the brink of missing a monthly house payment, getting it lowered might be easier than you think. Comment?
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Geithner Touts Plan to Rein In Derivatives
17 min ago | via The Washington Post
Treasury Secretary Timothy F. Geithner urged lawmakers yesterday to pass the Obama administration's plan to regulate derivatives, the exotic financial instruments that exacerbated the financial crisis. Comment?
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