Maryland’s highest court has struck down a key piece of ground-rent reforms enacted by lawmakers in 2007, siding with ground rent holders in a lawsuit against the state.
Two of the Maryland House’s more liberal Democrats are pushing for new protections against foreclosures: a six-month freeze on foreclosures and a ban on deficiency judgments.
Maryland is projected to receive $85.7 million as part of an agreement between 49 states and Ocwen Financial Corp. for first lien principal reductions for distressed borrowers.
An investigation has found the District of Columbia government is allowing private investors to pursue foreclosure on hundreds of homes over unpaid tax bills, but many debts are less than $500.
A second round of the housing crisis is striking Maryland as a backlog of delinquent loans move to foreclosure.
A flood of investors is fueling a housing rebound in Prince George’s County, where home prices are up nearly 9 percent from a year ago.
Maryland officials have announced $11.8 million in grant awards that will be distributed over three years to members of the Maryland HOPE Counseling Network.
Kai Jackson spoke with Dr. Stephen C. Schimpff on health care delivery and to Anirban Basu on foreclosures.
The rate of new foreclosure filings in Maryland topped that of any other state this spring.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
More help is coming to military members who find themselves struggling to keep their homes.
Rep. Elijah Cummings will be on hand to present federal grants to two affordable-housing groups in his hometown of Baltimore.