BALTIMORE, MD—A Baltimore County business owner has been sentenced to federal prison for fraudulently obtaining federally insured loans to sell two Baltimore properties he owned. U.S. District Judge Richard D. Bennett sentenced Philip Abramowitz, 50, of Pikesville, to one year in federal prison and one year of home detention, followed by three years of supervised release, for a wire fraud […]
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, 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. […]
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 […]
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 […]
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 […]
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 […]
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. […]