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29 matches for 'closure'

• Judge says he may restrict damages in city’s suit against Wells Fargo

  —Inside Charm City: Baltimore, Maryland blog

  
  WBAL.com

  A federal judge has suggested that he might “cut down” an unprecedented lawsuit filed by Baltimore city against Wells Fargo.

  The city says the mortgage giant engaged in illegal “reverse redlining” – targeting black neighborhoods for bad loans that resulted in mass foreclosures.

  U.S. District Judge J. Frederick Motz heard [...]

  Posted: December 14, 2009, 1:44pm EST
  by Stan Moore

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• O’Malley Pushes for More Federal Funding for BRAC Transportation Projects

  —Delusional Duck

  By BOBBY MCMAHON Facing a massive shortfall in funding and looming gridlock, Gov. Martin O’Malley voiced strong support Friday for more federal dollars toward Base Realignment and Closure (BRAC) transportation projects in the state. At a press conference announcing that a highway project near Aberdeen Proving Ground was moving toward [...]

  Posted: December 12, 2009, 6:04pm EST
  

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• Partial Crossover Closure To Be Implemented At Route 113 And Arrow Safety Road

  —Salisbury News

  Number of comments: 0
  Georgetown -- The Department of Transportation (DelDOT) announces that it will implement a partial median crossover closure at US 113 and Arrow Safety Road in Georgetown, weather permitting, effective December 16, 2009, by installing signing, making striping modifications and placing flexi-post tubular markers in the crossover.
  
  The median will [...]

  Posted: December 11, 2009, 9:05am EST
  by joealbero

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• Md. regulators want tougher foreclosure rules

  —Delusional Duck

  Gov. Martin O’Malley and state banking regulators want to introduce more stringent mortgage foreclosure rules in the upcoming legislative session that would require lenders and borrowers to meet face-to-face at some point in the process. [...] One in every 364 Maryland homes was in some stage of foreclosure in November, according to [...]

  Posted: December 10, 2009, 8:26pm EST
  

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• Mortgage Relief Reaches Fraction Of Homeowners

  —Salisbury News

  Number of comments: 0
  
  Setback for Obama administration effort to stem growing foreclosure crisis WASHINGTON - Just over 31,000 homeowners have received permanent loan modifications under the Obama administration's mortgage relief plan, a big setback for the government's embattled effort to stem the foreclosure crisis.
  Lenders blame the [...]

  Posted: December 10, 2009, 4:01pm EST
  by joealbero

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• Foreclosures drop in Md. for second month in row

  —Delusional Duck

  For the second month in a row, foreclosure filings in Maryland dropped in November, marking what could be the start of a trend toward recovery for the state’s troubled housing market. The state saw a 4.4 percent drop in filings compared to October, but the foreclosure rate is still 83.6 percent [...]

  Posted: December 10, 2009, 7:36am EST
  

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• TRAFFIC ALERT - Emergency Road Closures In Sussex County

  —Salisbury News

  Number of comments: 1
  
  Seaford -- Due to damage from this week's rains, the Department of Transportation (DelDOT) announces that the following roads are closed effective immediately until further notice:
  
  *Woodland Road between Butler Branch Road and Lonesome Road (Seaford)
  
  Eastbound detour: Woodland Road to Figgs Road [...]

  Posted: December 09, 2009, 10:46pm EST
  by joealbero

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• TARP report: Good for Wall Street, not Main Street

  —Delusional Duck

  The federal government’s $700 billion bailout calmed Wall Street without easing pain on Main Street or restoring the financial system to health, a congressional oversight panel says in a report out Wednesday. “Many problems remain,” says Elizabeth Warren, chair of the Congressional Oversight Panel. “Unemployment and foreclosures continue to plague the [...]

  Posted: December 09, 2009, 6:06am EST
  

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• TARP report: Good for Wall Street, not Main Street

  —Delusional Duck

  The federal government’s $700 billion bailout calmed Wall Street without easing pain on Main Street or restoring the financial system to health, a congressional oversight panel says in a report out Wednesday. “Many problems remain,” says Elizabeth Warren, chair of the Congressional Oversight Panel. “Unemployment and foreclosures continue to plague the [...]

  Posted: December 09, 2009, 6:06am EST
  

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• O’Malley to renew fight against false Medicaid claims

  —Delusional Duck

  Foreclosure, historic tax credits also part of 2010 agenda Gov. Martin O’Malley’s 2010 General Assembly agenda is beginning to take shape, as the economy becomes a major factor in his legislative program. Joseph C. Bryce, O’Malley’s chief legislative officer, said last week that the governor’s slate of bills would include: The Medicaid False [...]

  Posted: December 08, 2009, 1:09pm EST
  

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• O’Malley to renew fight against false Medicaid claims

  —Delusional Duck

  Foreclosure, historic tax credits also part of 2010 agenda Gov. Martin O’Malley’s 2010 General Assembly agenda is beginning to take shape, as the economy becomes a major factor in his legislative program. Joseph C. Bryce, O’Malley’s chief legislative officer, said last week that the governor’s slate of bills would include: The Medicaid False [...]

  Posted: December 08, 2009, 1:09pm EST
  

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• Foreclosed homes: Charles Co. offers cash incentives to buyers

  —Delusional Duck

  Another county in our area is offering cash incentives in an effort to get existing foreclosures off of the housing market. Charles County is joining Prince George’s and Frederick counties by offering the Neighborhood Conservation Initiative (NCI) Down Payment Assistance Program. Rita Wood, the housing authority chief in Charles County, [...]

  Posted: December 08, 2009, 6:44am EST
  

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• Let Chuck Co help you buy a new home

  —Charles County Cafe

  Number of comments: 4
  I wonder how our furloughed EMS workers feel about this. Darci Marchese, WTOP Radio Dec. 7 – County Offers Cash Incentives To Buy Foreclosed Homes CHARLES COUNTY, Md. – Another county in our area is offering cash incentives in an effort to get existing foreclosures off of the housing market. Charles County is [...]

  Posted: December 08, 2009, 6:22am EST
  by Tracy

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• Six More U.S. Banks Seized by Regulators

  —Carroll Standard

  WASHINGTON (UPI) -- Financial regulators have closed six banks, bringing the total of shuttered U.S. institutions to 130 so far this year, officials said.

  The Office of Thrift Supervision and the Federal Deposit Insurance Corp. announced Friday that the closures included a large Ohio bank, banks in Illinois and Virginia bank [...]

  Posted: December 06, 2009, 12:15am EST
  

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• Six More U.S. Banks Seized by Regulators

  —Carroll Standard

  WASHINGTON (UPI) -- Financial regulators have closed six banks, bringing the total of shuttered U.S. institutions to 130 so far this year, officials said.

  The Office of Thrift Supervision and the Federal Deposit Insurance Corp. announced Friday that the closures included a large Ohio bank, banks in Illinois and Virginia bank [...]

  Posted: December 06, 2009, 12:15am EST
  

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• Foreclosure “shadow inventory

  —Delusional Duck

  Some of you have wondered how many foreclosed homes are on the sidelines of the housing market, neither for sale nor in the process of being sold. Lender Processing Services, a mortgage-industry services provider that tracks nearly 45 million loans across the country, says the answer is nearly 30 percent [...]

  Posted: December 05, 2009, 7:57am EST
  

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• Study: In Md., working class bears brunt of recession

  —Delusional Duck

  Study: Most Md. job losses, foreclosures hit lower-, middle-income residents Maryland might be holding up better than most states, but the deep national recession walloped rank-and-file workers on the lower end of the pay scale, according to a new report by two groups. The Progressive Maryland Education Fund and the Maryland Budget [...]

  Posted: December 05, 2009, 7:54am EST
  

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• So far, O'Malley's goals clear, modest for session

  —Maryland Moment

  Gov. Martin O'Malley (D) appears to have modest goals for when the General Assembly reconvenes next month. With the state facing an estimated $1.8 billion dollar shortfall, he wants bills to: Force lenders to engage in mandatory mediation with homeowners facing foreclosure. Fix state unemployment insurance rates, which are scheduled' [...]

  Posted: December 01, 2009, 7:07pm EST
  

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• Charles County Gov. Announces New Neighborhood Conservation Program

  —Delusional Duck

  Charles County has been awarded $1,100,000 for the Neighborhood Conservation Initiative (NCI) Down Payment Assistance Program. The NCI program works to encourage affordable housing in targeted neighborhoods in Charles County most affected by foreclosures and sub-prime lending. “This program will benefit areas in Charles County that have been hit hardest [...]

  Posted: December 01, 2009, 12:14pm EST
  

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• Administration plans new efforts on foreclosures

  —Delusional Duck

  The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday. The administration will announce its expanded program on Monday, Treasury spokeswoman Meg Reilly said. [...]

  Posted: November 29, 2009, 8:28am EST
  

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• O'Malley's Furloughs Force Holiday Park Closures

  —Carroll Standard

  Martin O'Malley's "Salary Reduction Plan" prompts closures for State Parks and other public lands for the 2009 Thanksgiving and Christmas season. Coined as the 'State’s Furlough and Temporary Salary Reduction Plan,' public access to parking lots, buildings and other public owned facilities will be denied. However, state parks will remain' [...]

  Posted: November 23, 2009, 2:55pm EST
  

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• Fixed Rate Home Loans Increasingly Going Into Foreclosure

  —Salisbury News

  Number of comments: 1
  WASHINGTON — A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery.
  
  Driven by rising unemployment, such loans accounted for nearly one-third of new foreclosures last quarter. That compares with 21 percent [...]

  Posted: November 23, 2009, 8:10am EST
  by joealbero

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• Traffic Alert

  —Salisbury News

  Number of comments: 0
  
  Crossover Closure at Route 113 and Arrow Safety Road in Georgetown
  
  Georgetown -- The Department of Transportation (DelDOT) announces that it has implemented a median crossover closure at US 113 and Arrow Safety Road in Georgetown effective in late December.
  
  US 113 southbound [...]

  Posted: November 20, 2009, 9:40am EST
  by joealbero

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• Governor Martin O’Malley Applauds Expansion of Maryland Biotech Company

  —Delusional Duck

  Governor’s online economic update focuses on Emergent BioSolutions expansion, foreclosure prevention ANNAPOLIS, MD (November 19, 2009) – Governor Martin O’Malley released this week’s online economic update, where he focused on the expansion of Emergent BioSolutions, a Maryland-based biopharmaceutical company, which will open a 60,000 square foot bioprocessing center in Each [...]

  Posted: November 19, 2009, 4:12pm EST
  

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• GOVERNOR MARTIN O’MALLEY APPLAUDS EXPANSION OF MARYLAND BIOTECH COMPANY

  —Salisbury News

  Number of comments: 1
  Governor’s online economic update focuses on Emergent BioSolutions expansion, foreclosure prevention
  
  ANNAPOLIS, MD (November 19, 2009) – Governor Martin O’Malley released this week’s online economic update, where he focused on the expansion of Emergent BioSolutions, a Maryland-based biopharmaceutical company, which will open a 60,000 square foot bioprocessing center in [...]

  Posted: November 19, 2009, 10:10am EST
  by joealbero

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• Now It's Your Turn: Who should make the big cuts?

  —Maryland Moment

  Maryland's governor can make budget cuts of up to 25 percent with the blessing of the three-member Board of Public Works. Should controversial decisions, such as Wednesday's closure of an Eastern Shore psychiatric hospital, be left to the legislature? What do you think? Share your thoughts by posting a comment [...]

  Posted: November 19, 2009, 9:05am EST
  

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• Progressive Situational Ethics

  —Red Maryland

  
  Adam Pagnucco is taking Len Lazarick to task over issues of disclosure about Len’s new media venture MarylandReporter.com, a daily news website covering state government. Pagnucco is caterwauling over the fact that Lazarick, formerly of the Baltimore Examiner, received seed money for the [...]

  Posted: November 17, 2009, 11:08pm EST
  by Mark Newgent

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• Bases brace for boom with BRAC

  —Delusional Duck

  Maryland’s initially anticipated job gains of 45,000 to 60,000 in the next few years due to the Pentagon’s Base Realignment and Closure program are “understated, perhaps significantly understated,” a state official said this week. [...]

  Posted: November 16, 2009, 10:40am EST
  

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• Bethesda parking lot 31A temporarily closed (finally)

  —Sum Random Knowledge

  Number of comments: 1
  
  Parking lot 31A in Bethesda, MD on the corner of Bethesda Ave and Woodmont Ave is closed for the next 60 days or so for utility relocation. This is the really small parking lot, not the big one across the street. The closure is part [...]

  Posted: November 16, 2009, 10:38am EST
  by Edward

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