Business

Maryland foreclosure moratorium extended through March 31

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. …


Business

Maryland extends foreclosure moratorium through February

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

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 …