Chartered as a national bank in 1880, NBRS converted to a Maryland charter in 2002. Following the financial crisis of last decade, the bank took years of losses from non-performing assets and was never able to find enough capital to return to sound condition, said Acting Commissioner Gordon Cooley of the state's financial regulation office.
Read More »Maryland Foreclosure Activity Jumps in Q3
Maryland saw a spike in foreclosure activity in the third quarter that gave it the second highest foreclosure rate in the nation behind only Florida, according to RealtyTrac's Third Quarter 2014 Foreclosure Report released earlier this week.
Read More »Aspen Grove Solutions Hires New VP of Industry Relations
Aspen Grove Solutions, a world leader in innovative, modular, end-to-end property enterprise software for the financial and mortgage services industries, has announced the hiring of Chuck Sockol as VP of industry relations and account management.
Read More »Rosenberg & Associates Adds Two Attorneys
Maryland-based real estate law firm Rosenberg & Associates has added two new attorneys, Jullie Evasco and Jennifer Rochino.
Read More »Maryland Woman Convicted for Role in Mortgage Fraud Scam
A Maryland jury has convicted Annika Boas, 37, for her role in a residential mortgage fraud scheme, U.S. Attorney for the District of Maryland Rod J. Rosenstein announced late last week.
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