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Maryland Banking News. Service for global professionals. Constantly updated news and information about Maryland.
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  • Obama presses 'fat-cat bankers' to lend, but has no real leverage 15 Dec 2009 01:06 GMT
    ... “60 Minutes,” Mr. Obama called them “fat-cat bankers.” On Monday, they were at 1600 Pennsylvania ... today's meeting was very simple: that America's banks received extraordinary assistance from American taxpayers to ... a business professor at the University of Maryland, College Park, argues that the banks – ...

  • Foreclosure spikes give Maryland housing industry jitters 15 Dec 2009 00:21 GMT
    ... While Maryland's home foreclosure filing rate dipped a bit ... 2010, when homeowners who purchased adjustable rate mortgages during a good economy in 2005 see ...

  • Thirty-Year Fixed Mortgage Rate Inches Up for Second Straight Week 15 Dec 2009 12:30 GMT
    ... Thirty-Year Fixed Mortgage Rate Inches Up for Second Straight Week ... 4.76% 4.70% +6 Illinois 4.90% 4.81% +9 Maryland 4.80% 4.71% +9 Massachusetts 4.78% 4.70% +8 ...

  • Thirty-Year Fixed Mortgage Rate Inches Up for Second Straight Week (PRN) 15 Dec 2009 12:33 GMT
    ... The volume of mortgage requests last week fell 14 percent from ... 4.76% 4.70% +6 Illinois 4.90% 4.81% +9 Maryland 4.80% 4.71% +9 Massachusetts 4.78% 4.70% +8 ...

  • Maryland foreclosure spikes give housing industry jitters 15 Dec 2009 13:40 GMT
    ... While Maryland's home foreclosure filing rate dipped a bit ... 2010, when homeowners who purchased adjustable rate mortgages during a good economy in 2005 see ...

  • Essex Bank appoints SVP of mortgage, consumer lending for Maryland 15 Dec 2009 15:30 GMT
    ... said Dec. 14 that it appointed Paul Michaud senior vice president for mortgage and consumer lending in the bank's Maryland market, effective Sept. 8. He has more than 30 years of experience in mortgage ...

  • State hiring credits on the governor's agenda in Maryland 15 Dec 2009 17:54 GMT
    ... Maryland Governor Martin O'Malley is pushing hard for ... Industrial Development Financing Authority Program (MIDFA). Approved banks will be able to apply for up to ...

  • Recession Ends for Summers but for Who Else? 15 Dec 2009 00:35 GMT
    ... by about $90 billion, and Wall Street banks are divvying up $140 billion in year ... gains seem to be going to the bankers, while the rest of the economy appears ... the Smith School of Business, University of Maryland School, and the former Chief Economist at ...

  • The Yellowstone Syndrome 15 Dec 2009 09:15 GMT
    ... his own bookshelf... By Chris Mayer Gaithersburg, Maryland Most people in finance operate under a ... the auto manufacturers. It's propped up numerous banks, mortgage lenders and the world's biggest insurer, ... quarter of this year. "And the Mortgage Bankers Association reported that at the end of ...

  • Are Warren Buffett and Obama Seventh Cousins? 15 Dec 2009 09:44 GMT
    ... to the online genealogists, Duvall—who immigrated to Maryland from France in the 1650s—is Obama's 9th ... message to leaders of the nation’s biggest banks yesterday—or at least to those who could ... last year. The says, “In calling the bankers to the White House, Mr. Obama was ...

  • My American cousin 15 Dec 2009 11:47 GMT
    ... to the online genealogists, Duvall—who immigrated to Maryland from France in the 1650s—is Obama's 9th ... message to leaders of the nation’s biggest banks yesterday—or at least to those who could ... last year. The says, “In calling the bankers to the White House, Mr. Obama was ...

  • Reviews mixed for O'Malley's small business proposals 15 Dec 2009 00:21 GMT
    ... Baltimore. Among his initiatives: creation of the Maryland Small Business Credit Recover Program to offer ... because the federal bailout for the major banks has failed to provide the credit that small ...

  • Foreclosure spikes give housing industry jitters 15 Dec 2009 10:30 GMT
    ... While Maryland's home foreclosure filing rate dipped a bit ... 2010, when homeowners who purchased adjustable rate mortgages during a good economy in 2005 see ...

  • Fitch Withdraws Ratings on Various Prerefunded Bonds 15 Dec 2009 15:32 GMT
    ... following bond because it has been prerefunded: --Maryland Health & Higher Educational Facilities Authority (MD) ... Medical, Consulting, Accounting and other Professional Services, Banking and Finance Fitch Withdraws Ratings on Various Prerefunded ...

  • Congressman Ellison, Small Business Owners Voice Support For Consumer Financial Watchdog 15 Dec 2009 00:35 GMT
    ... Insurance Agency which has 3 locations in Maryland, to express strong support for the Consumer ... to operate as usual. The more difficult banks make it for us, the slower this economy ...


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