Mortgage Archives - Page 2 of 5

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Governor Hogan announces expansion of SmartBuy initiative to help more Maryland homebuyers

Posted on August 16, 2022 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan this week announced that the Maryland Department of Housing and Community Development (DHCD) has expanded the state’s landmark SmartBuy initiative to address rising housing market prices. To help manage purchase costs, homebuyers can now eliminate up to $50,000 in student loan debt—up from $30,000. The program has also added an additional down payment and closing cost […]

Baltimore City State’s Attorney Marilyn Mosby indicted on charges of perjury, falsifying mortgage application

Posted on January 14, 2022 by Chris Montcalmo

BALTIMORE, MD—A federal grand jury on Thursday returned an indictment charging Baltimore City State’s Attorney Marilyn J. Mosby, 41, on federal charges of perjury and making false mortgage applications, relating to the purchases of two vacation homes in Florida. The defendant will have an initial appearance in U.S. District Court in Baltimore, but the hearing has not yet been scheduled. […]

Governor Hogan announces opening of Maryland Homeowner Assistance Fund

Posted on January 5, 2022 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Wednesday announced the launch of the $248 million Maryland Homeowner Assistance Fund, which will be administered by the Maryland Department of Housing and Community Development (DHCD) to support mortgage relief, home repairs, housing counseling, and legal services. “Across Maryland, there are homeowners who are struggling to keep up with their mortgage payments due to 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 […]

Olszewski highlights partnership with United Way for innovative eviction prevention program

Posted on February 23, 2021 by Chris Montcalmo

BALTIMORE COUNTY, MD—In the latest effort to strengthen the safety net for families suffering economic losses as a result of the pandemic, Baltimore County and United Way of Central Maryland have partnered to help prevent evictions in vulnerable communities through the Strategic Targeted Eviction Prevention (STEP) pilot program. The first-of-its-kind effort in Maryland, Baltimore County’s STEP pilot program provided $4 […]

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 […]