Maryland Line Real Estate News
Real Estate news for Maryland Line, MD continually updated from thousands of sources.
Dec 10, 2014 | via The Baltimore Sun
The number of home sales and new listings were up last month in the Baltimore region from a year earlier, but home prices overall continued to fall, according to a monthly real estate analysis. Foreclosures are increasing throughout the country. Comment?
Nov 7, 2014 | via NEWS.com.au
DRAMATIC new video has emerged of the moments a man is found after surviving two days lost at sea with nothing but an Esky TINDER has become a massive hit with singletons looking to hook up, but they're not the only ones taking advantage of the popular dating app. A NAVY SEAL who claims he killed Osama bin Laden decided to go public after meeting 9/11 victims as controversy mounts over his version of events. Comment?
Oct 1, 2014 | via Dundalk Eagle
The event, hosted by the Dundalk Renaissance Corporation , was held last Saturday at the Dundalk-Sollers Point Technical High School campus. The event included 45 exhibitors, including mortgage lenders, real estate agents, government agencies and community development corporations. Comment?
Sep 16, 2014 | via The Baltimore Sun
Stone houses from the 1850s sit on lush, spacious lots next to "new" construction built in the 1950s. Neighbors wave to one another on the streets, stopping for conversation with familiar faces and strangers alike. Comment?
Aug 27, 2014 | via Daily Record
Charles Veney III has joined the Timonium office of Berkshire Hathaway HomeServices Homesale Realty as a full-time Realtor. Comment?
Yesterday | via Overlawyered
Back in 2009, policy makers treated mortgage servicers like a pinata. They beat on servicers to provide foreclosure relief, loan modifications, and so forth. Comment?
Friday Jan 23 | via Inman
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 Jan 23 | 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 Huntington News
The Bureau and Maryland also took action against former Wells Fargo employee Todd Cohen and his wife, Elaine Oliphant Cohen, for their involvement. Genuine Title gave the banks' loan officers cash, marketing materials, and consumer information in exchange for business referrals. Comment?
5 min ago | via GantDaily.com
Home prices nationwide rose in November, but the growth slowed, raising concerns about the strength of the housing market recovery. The S&P/Case-Shiller index of home prices in 20 major U.S. cities showed Tuesday that prices were up 4.3% in November, compared with last year. Comment?
6 min ago | via Business Journal
A wave of former South Florida homeowners who have been frozen out of the mortgage market because of past foreclosures could be getting back in the game soon, according to RealtyTrac . Lenders typically don't write mortgages to people for seven years after a foreclosure or short sale, and many of those people are starting to reach the end of that moratorium period. Comment?
7 min ago | via WJNO
Q&A - Invest or buy a house right now?, How PBC real-estate prices compare to the US, The max # of hours you should work in a week & more: Cheat Sheet Q&A: If I had to pick just one - buying a house or investing - right now, what would it be? Brian, listen daily on my way to work. Based on what I've heard you say previously, I know you'd suggest owning a home and investing but what if you had to pick just one right now? I have enough money to make a down payment for a home but not to invest as well. Comment?
39 min ago | via Reuters
U.S. single-family home price appreciation slowed to its weakest level more than two years in November as lean inventories and tight lending standards limited housing market activity, according to a closely watched survey released on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 4.3 percent in November from the prior year, the slowest since October 2012 although it matched analyst expectations. Comment?
Yesterday | via Brad DeLong's Semi-Daily Journal
Let me highlight the last paragraph of Nick Bunker's piece over at our Value Added, just for those of you who don't click through either from the home page or from the title list at right: ...were taking out much larger loans than before or more mortgages? According to Adelino, Severino, and Schoar... more so the latter... new borrowers entering the market.... Adelino, Severino and Schoar's paper would seem to indicate that what caused the run up in mortgage debt wasn't due to a change in 'lending technology' such as securitization or looser government policies. Rather, the debt was built by the same kind of bubble dynamics that leads to investors betting that an asset will never lose value. Comment?
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