Foreclosures

Maryland's new mortgage delinquencies improve

2012-05-16 15:52:00

The share of Maryland homeowners newly behind on mortgage payments fell to the lowest level for March in four years — an important milestone because the state's new-delinquency figure is now better than its pre-crisis average. Just under 3...

Good afternoon, Baltimore: Thursday lunchtime lowdown

2012-05-10 09:13:00

ON THE SITE... Baltimore home sale prices jump in April thanks to fewer foreclosures:�The increase was the most in six years — driven by a shrunken supply of cheap foreclosures rather than by homes seeing a rapid resurgence in value. Howard County...

Baltimore area home prices jump in April thanks to fewer foreclosures

2012-05-10 15:37:00

The Baltimore region saw a double-digit jump in average home sale prices in April, the most in six years — but the gain was driven by a shrinking supply of cheap foreclosures rather than a resurgence in value. Just one in 10 homes sold in the...

Annapolis retiree awarded $342,000 in bad-mortgage case

2012-05-11 16:10:21

A 78-year-old Annapolis man who said he was duped into getting unsuitable mortgages — sending the home he had owned for decades into foreclosure — was awarded $342,000 by an Anne Arundel County jury this week. The jury found that Dennis...

Reisterstown synagogue faces foreclosure

2012-04-30 16:34:00

A Reisterstown synagogue facing foreclosure is one of an increasing number of U.S. houses of worship suffering in the continuing financial slump. Susquehanna Bank filed to foreclose on Adat Chaim in March, saying in court papers that the 27-year-old...

Reisterstown synagogue facility to be sold

2012-05-08 17:14:00

Leaders of a Reisterstown synagogue facing foreclosure said Tuesday that they had reached an agreement with lender Susquehanna Bank to allow the sale of the building on Cockeys Mill Road. "We were able to achieve the goal of allowing the congregation...

Severna Park resident sentenced in mortgage fraud case

2012-05-01 16:58:00

A Severna Park woman was sentenced Tuesday to just over three years in prison after pleading guilty to a mortgage scam involving $4.7 million in fraudulent loans, the Maryland U.S. attorney's office said. Mary Anne Dean, 60, brokered loans in a scheme...

Nonprofit plans to rehab 500 city homes

2012-04-27 17:29:46

A North Carolina nonprofit group launched an ambitious affordable housing program Friday to rehabilitate 500 vacant or foreclosed homes in Baltimore near Johns Hopkins Hospital — an area with desolate stretches in the shadow of the world-renowned...

Bad loan gave 1st Mariner a stake in Cecil Bancorp

2012-04-09 16:17:00

The parent of 1st Mariner Bank said Monday that it took a minority stake in a small Cecil County bank after a customer defaulted on a loan — not as part of an acquisition strategy. 1st Mariner Bancorp. declined to identify the customer who lost...

With fewer foreclosures for sale, home sellers get boost

2012-04-10 15:26:00

The sharp and likely temporary drop in the number of foreclosed homes for sale in the Baltimore region is making life easier for owners trying to find a buyer. The number of home sales in the metro area that are not distress deals — neither...

Man sentenced in scheme that sent 14 homes into foreclosure

2012-03-08 15:24:00

A Bowie man whose fraud scheme sent more than a dozen homes into foreclosure and caused owners to lose more than $1.2 million in home equity was sentenced Thursday to more than three years in prison, prosecutors said. Charles Donaldson, 58, recruited...

Licensing Dept.: Owings Mills man stole more than $100,000, put five homes into foreclosure

2012-03-23 19:36:00

An Owings Mills man has been arrested on charges of forging loan modification documents that led five homes into foreclosure proceedings, state licensing officials said. Rodney Getlan, 45, has been charged by the Baltimore County State's Attorney with...

A bank-owned home in Imperial Valley, Calif. Foreclosure is complete when the lender takes position, as in this case, or it is sold.

2012-05-01 10:18:00

Palm Beach County Sheriff's Deputy Luciano Kovalski looks into the broken window of a vacant home at 419 South D St., Lake Worth. The Bank of New York obtained a foreclosure judgment in its favor in January 2010, but the public auction of the property was repeatedly postponed.

2012-04-18 00:00:00

For sale signs are posted on a foreclosed house in Glendale last year.

2012-03-28 15:05:00