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Maryland Banking News. Service for global professionals. Constantly updated news and information about Maryland.
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Latest Maryland Banking News

  • P.G. County braces for more foreclosures 20 Dec 2009 17:16 GMT
    ... George's County. More than 30 percent of Maryland's foreclosures are in Prince George's County despite ... that ended in 2006 whose adjustable rate mortgages are scheduled to increase after three years. ...

  • Prince George's braces for more foreclosures 20 Dec 2009 11:58 GMT
    ... George's County. More than 30 percent of Maryland's foreclosures are in Prince George's County despite ... that ended in 2006 whose adjustable rate mortgages are scheduled to increase after three years. ...

  • Buyer's remorse: Stuck in the spend cycle 20 Dec 2009 11:53 GMT
    ... shopping season — buying McMansions on adjustable-rate mortgages, embracing tax cuts with no corresponding spending ... of community psychiatry at the University of Maryland Medical Center, suggests that the answer lies ...

  • Porter Stansberry: Gold 'Nowhere Near the Top' 20 Dec 2009 11:31 GMT
    ... major trend is a switch in central banks' recycling of dollars. As you know, the United ... and assistants at its headquarters in Baltimore, Maryland, as well as satellite offices in Florida, ...

  • Sol Price valued his workers over stockholde... 20 Dec 2009 08:45 GMT
    ... put that figure into perspective, University of Maryland economist Peter Morici noted that the U.S. ... growth since the spring of 2008. “The bankers, after causing the greatest economic calamity since ...

  • As Loan Delinquencies Rise, A Tale of Two Apartment Markets Emerges 20 Dec 2009 04:30 GMT
    ... quarter of 2009, according to the Mortgage Bankers Association. By comparison, government-sponsored enterprises Fannie Mae ... for a 38% market share while commercial banks had a 24% piece of the multifamily ... including Texas ($385.4 million), Florida ($230.7 million), Maryland ($191.5 million) and New York ($180.2 million), ...

  • First-time homebuyers power sales jump 20 Dec 2009 03:54 GMT
    ... data issued this past week by the Maryland Comptroller of the Treasury, shows spending at ... length of time to qualify for a mortgage. Someone who is in a more stable ... little bit more realistic in their expectations. Banks still need to get a certain amount for ...

  • Stuck in spend cycle, can we set aside childish things? 20 Dec 2009 00:12 GMT
    ... shopping season -- buying McMansions on adjustable-rate mortgages, embracing tax cuts with no corresponding spending ... of community psychiatry at the University of Maryland Medical Center, suggests that the answer lies ...

  • 7 more banks fail, 2009 tally tots up to 140 19 Dec 2009 16:20 GMT
    ... 7 more banks fail, 2009 tally tots up to 140 ... contribute to the increased stability of the banking system.” The nine branches of Imperial Capital--six ... of Imperial Capital--six in California, one in Maryland and two in Nevada--will reopen Monday as ...

  • Brain Cancer Survivors Unite On The 125th Anniversary Of The First Brain Cancer Operation To Spread 19 Dec 2009 15:22 GMT
    ... by Northwest Biothereputics (NWBT) (www.nwbio.com) of Baltimore, Maryland and neurosurgeon and Professor, Dr. Linda Liau ... This process would be similar to the banking of cord blood. We hope this will give ...

  • Gold Bull Market Is Nowhere Near the Top 19 Dec 2009 14:55 GMT
    ... major trend is a switch in central banks' recycling of dollars. As you know, the United ... and assistants at its headquarters in Baltimore, Maryland, as well as satellite offices in Florida, ...

  • Hovnanian Enterprises Reports Fiscal 2009 Results 19 Dec 2009 14:54 GMT
    ... of more foreclosures, the prospects of rising mortgage rates, anticipated tightening of FHA guidelines, and ... Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Minnesota, New Jersey, New York, North Carolina, ...

  • Moynihan known for his focus, energy 19 Dec 2009 09:34 GMT
    ... again, and Moynihan becomes head of consumer banking. He remains based in Boston. Brian Moynihan ... asset management business, its brokerage unit and bankers that serve wealthy customers. In 2004, that ... blindly loyal to his company. Cummings, a Maryland Democrat, asked Moynihan why he didn't bother ...

  • Regulators Shut 7 U.S. Banks, Raising Year's Failure Toll to 140 19 Dec 2009 08:58 GMT
    ... Banks with $14.4 billion in total assets were ... buy additional ones," said Chip MacDonald, a banking lawyer at Jones Day, referring to private ... branches -- six in California, one in Maryland and two in Nevada -- are to ...

  • IGT banking on new sbX system for recovery 19 Dec 2009 08:44 GMT
    ... on the manufacturing of machines for states that allow gambling, such as Ohio, Illinois, Maryland and Kansas, Brown said. Ohio voters last month approved four major casinos. The approval ...


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