Short Sale Rates are High in Maryland

By |December 28th, 2013|

While Maryland’s foreclosure rate remains high, foreclosure sales are relatively low compared to short sales in the state. In October, “Short sales made up 8.2 percent of all residential transactions in the state.” Only Florida and Nevada ranked higher, with 13.6 percent and 14.2 percent respectively. Nationwide, short sales as a percentage of total […]

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Maryland To Get $88 Million in National Settlement

By |December 24th, 2013|

One of the main factors in the economic crash of 2009 was the subprime mortgage crisis, which caused people across the country to lose their homes due to foreclosure. Now, some of those who lost their homes will see some remuneration from the largest non-bank servicer of home mortgages, Ocwen Financial Corp.

Ocwen Financial, which […]

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