Antonio P. Salazar Archives

Real Estate Mortgage Housing Home Buying

Maryland settles with ACI Worldwide for unauthorized mortgage transactions from customer accounts

Posted on October 31, 2023 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Labor along with 43 state agencies across the nation have announced a legal settlement with ACI Worldwide for erroneously initiating electronic transactions for mortgage loans serviced by Mr. Cooper (formerly known as Nationstar Mortgage, LLC) from the accounts of 480,000 consumers throughout the United States. “We want all Maryland businesses and residents to understand the […]

Maryland foreclosure moratorium extended through June 30

Posted on April 28, 2021 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation on Wednesday the extension of the moratorium on new residential foreclosures through June 30, 2021. The moratorium, originally established by the Governor’s executive order issued April 3, 2020 and continued through subsequent executive orders and regulatory guidance, was due to expire on May 3, 2021. The new […]

Maryland’s Commissioner of Financial Regulation extends foreclosure moratorium through May 3

Posted on March 29, 2021 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation on Monday announced the extension of the moratorium on new residential foreclosures through May 3, 2021. The moratorium, originally established by the Governor’s executive order issued April 3, 2020 and continued through subsequent executive orders and regulatory guidance, was due to expire on March 31, 2021. “While […]

Maryland foreclosure moratorium extended through March 31

Posted on February 22, 2021 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation on Monday announced that the moratorium on new residential foreclosures has been extended through March 31, 2021. The moratorium, originally established by the Governor’s executive order issued April 3, 2020 and extended through subsequent executive orders and regulatory guidance, was due to expire on February 28, 2021. […]

Maryland extends foreclosure moratorium through February

Posted on January 28, 2021 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation on Thursday announced the extension of a moratorium on new residential foreclosures through February 28, 2021. The moratorium, originally established by the Governor’s executive order issued April 3, 2020 and continued through subsequent executive orders, was due to expire on January 31, 2021. “Thank you to the […]

Maryland announces settlement with Nationstar Mortgage A.K.A. Mr. Cooper

Posted on December 7, 2020 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation on Monday announced that it had concluded a multi-year investigation of one of the nation’s top ten largest mortgage servicing companies, Nationstar Mortgage LLC, which does business as Mr. Cooper. After a nationwide investigation revealed multiple violations of law and procedural deficiencies, Nationstar has cooperated and agreed […]

Governor Hogan announces financial relief initiatives for Marylanders, small businesses [VIDEO]

Posted on April 3, 2020 by Chris Montcalmo

BALTIMORE, MD—In collaboration with Maryland’s financial institutions, Governor Larry Hogan on Friday issued an Executive Order and announced a series of financial relief initiatives to provide assistance to millions of consumers and small businesses who are facing economic hardships due to COVID-19. “As our state responds to this deadly public health emergency, Marylanders should not be worried about losing their […]