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First Mariner's Hale retires
Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...Tags: Canton (Baltimore, Maryland), Bears Stearns Cos., Companies and Corporations, BWI Thurgood Marshall Airport, Glen Burnie
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Wish list for new director of Consumer Financial Protection Bureau
To: Richard Cordray, Director
Consumer Financial Protection Bureau
Dear Mr. Cordray:
First, congratulations on your appointment to lead the Consumer Financial Protection Bureau.
Unless the banking interests have their way, your appointment is expected...Tags: Laws, Consumers, Consumer Issue, Money and Monetary Policy, Economy, Business and Finance
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Hale is retired from bank, but he's not out of business
EASTON – Shortly before sunrise, Edwin F. Hale Sr. scatters decoys on the water, preparing for a day of waterfowl hunting on his Talbot County farm.
The day dawns cloudy, a good sign because ducks and geese fly low under clouds, Hale says, as he...Tags: Finance, Finance, Benjamin L. Cardin, T. Rowe Price, First Mariner Bancorp
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Mortgage settlement: A good deal for Maryland
Maryland Attorney General Douglas F. Gansler is right to sign on to the multi-state settlement with the nation's five largest banks over some aspects of the faulty procedures they used to foreclose on homes during the mortgage crisis. The state stands...Tags: JPMorgan Chase & Co., Freddie Mac, Fannie Mae, Mortgages, Economy, Business and Finance
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Wells Fargo agrees to pay restitution to mortgage borrowers
Under an agreement announced Thursday by the Maryland attorney general's office, Wells Fargo has agreed to make loan modifications and pay nearly $1 million in restitution to customers of two lenders acquired by the bank. The office's Consumer Protection...Tags: Consumers, Wachovia Corp., Mortgages, Economy, Business and Finance, Finance
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Mortgage broker gets 2 years in prison in fraud scheme
A Bethesda man was sentenced Thursday to 33 months in prison followed by three years of supervised release for two counts of mail fraud connected to a mortgage scheme that defrauded lenders, family members and others, the Maryland U.S. Attorney's Office...Tags: Punishment, Mortgages, Fraud, Corporate Crime, Corporate Crime
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Bob Hope dealt blow by carrier's departure
The decision by American Airlines to pull out of Bob Hope Airport might further harm an airfield that has been grappling with a yearlong slide in passenger numbers, which gained the notice of an important credit rating agency.
American, which made up 7....Tags: Economy, Business and Finance, Credit and Debt, American Airlines, Inc., Finance, Finance
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BGE customers unhappy with website upgrade
Baltimore Gas & Electric has upgraded its website and customer interface software. As often happens in these matters, not all seems to be going smoothly. I've heard from several customers who are having problems with the site. Says one:
"Have you tried...Tags: Computing and Information Technology Industry, Media Industry, Budgets and Budgeting, Consumers, Banking
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Changes suggested to stave off foreclosure and its ill effects
A state task force is recommending a raft of changes to give Maryland homeowners a better shot at avoiding foreclosure and — when foreclosures do happen — to give neighborhoods a greater chance at recovering.
The suggestions, presented...Tags: Banking, Labor Legislation, Taxation, Mortgages, Credit and Debt
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Minnesota former farmer's high living leaves web of charges
By Dan Browning Star Tribune, Minneapolis Jan. 23 — Jim Hoffman had big plans when he dropped out of college to run the family’s lucrative farming operation in central Minnesota after his dad died. But before long, bills went unpaid,...Tags: Joint Ventures, Laws, Punishment, Companies and Corporations, Corporate Crime
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Obama targets economy, taxes in address
![With the presidential election in full swing and Congress mired in gridlock, President Barack Obama used his third State of the Union address Tuesday to sound a populist message on the economy, outlining a series of policies he said would give the middle class "a fair shot" at prosperity.](http://www.baltimoresun.com/media/thumbnails/story/2012-01/67610607-24194538.jpg "With the presidential election in full swing and Congress mired in gridlock, President Barack Obama used his third State of the Union address Tuesday to sound a populist message on the economy, outlining a series of policies he said would give the middle class "a fair shot\" at prosperity.")
With the presidential election in full swing and Congress mired in gridlock, President Barack Obama used his third State of the Union address Tuesday to sound a populist message on the economy, outlining a series of policies he said would give the...Tags: Glen Burnie, Rockville (Bethlehem, Pennsylvania), U.S. Elections, Benjamin L. Cardin, Financial and Business Services
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Gansler urged not to sign foreclosure settlement
As state attorneys general across the country consider whether to settle with big banks over shoddy and illegal foreclosure practices, some Marylanders are urging Douglas F. Gansler not to sign on the dotted line. Their efforts are part of a nationwide...Tags: Corporate Crime, Chicago Mortgages, Corporate Crime, Finance, Finance
Dec 23, 2011
|Story| Baltimore Sun
Jan 9, 2012
|Story| Baltimore Sun
Jan 27, 2012
|Story| Baltimore Sun
Feb 9, 2012
|Story| Baltimore Sun
Jan 5, 2012
|Story| Baltimore Sun
Jan 12, 2012
|Story| Baltimore Sun
Jan 10, 2012
|Story| Burbank Leader
Jan 10, 2012
|Story| Baltimore Sun
Jan 18, 2012
|Story| Baltimore Sun
Jan 23, 2012
|Story| Aberdeen News
Jan 24, 2012
|Story| Baltimore Sun
Jan 23, 2012
|Story| Baltimore Sun
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