BREAKING: Public Enemy No.1 Captured & 2 Children Killed in Southeast Baltimore Fire

WATCH WJZ @ NOON ON SATURDAY | The Army-Navy rivalry comes to Baltimore. WJZ has live pre-game ceremonies and the game.

Homeowners Have Received More Than $220M In Md.

BALTIMORE (AP) — Maryland Attorney General Doug Gansler says Maryland homeowners have received more than $220 million so far from a national mortgage settlement.

Gansler said Wednesday that 2,825 Maryland homeowners received the assistance between March 1 and June 30. The figures are part of an initial progress report.

Maryland’s share of the $25 billion national mortgage settlement has been estimated at nearly $1 billion.

The relief includes mortgage modifications, principal reductions, deficiency waivers, refinancing and short sale financial assistance.

Mark Kaufman, Maryland’s commissioner of financial regulation, says there has been significant progress in getting relief to distressed homeowners. Kaufman also says the state is in the early stages of the effort.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Baltimore

Track Weather On The Go With Our App!
Your Podcast Network Play.it

Listen Live