NEWS
By Julie Bykowicz | July 3, 2009
A federal judge on Thursday denied Wells Fargo's motion to dismiss a lawsuit filed by Baltimore over what city officials said were racially discriminatory lending practices that led to a wave of foreclosures that cost the city millions. The courtroom victory means the city, whose lawsuit is being closely watched by other municipalities, could gain access to the inner workings of one of the largest mortgage providers in the region. U.S. District Judge Benson E. Legg wrote in a memo Thursday that the city had produced enough evidence to continue its claim and is entitled to discovery.
NEWS
By Tricia Bishop | February 21, 2009
While city, state and federal leaders held a conference yesterday announcing the new Maryland mortgage fraud task force devoted to prosecuting scam artists, Baltimore lawyers assured a federal judge that they had proof that Wells Fargo Bank was one of the bad guys. The bank's "predatory lending" caused vacant properties and increased crime in the city's black communities, according to a federal lawsuit filed by the city last year. Wells Fargo mortgage brokers purposely steered black "prime borrowers into subprime loans," attorney John Relman said.
NEWS
By Tricia Bishop | January 29, 2009
Attorneys for Baltimore City argued yesterday for the continuance of a potentially groundbreaking federal lawsuit against Wells Fargo Bank, alleging that the mortgage provider has a pattern of predatory lending in black neighborhoods that leads to foreclosures, vacant properties, lost tax revenue and significant legal fees. Wells Fargo filed a motion to dismiss the year-old lawsuit, claiming it is "legally deficient," in part because the city's complaint doesn't detail actual injury caused by the California company.
NEWS
By CHRIS KALTENBACH | December 13, 2008
With 1996's Fargo (8 p.m., AMC), Joel and Ethan Coen found mass acceptance without sacrificing a scintilla of their indie cred - no small accomplishment in an era when popular and critical tastes were becoming increasingly polarized. This, the brothers' sixth film together (they both write; Joel gets the directing credit), follows the classic Coen formula: a bunch of doofuses get together and try something either illegal or stupid (often both). They find themselves in way over their heads and don't have a clue what to do next.
NEWS
By Lynn Anderson | May 22, 2008
Baltimore is defending its practice of selling houses that have tax liens for unpaid water bills and other municipal fees, denying accusations by a major national bank that the city is responsible for a recent increase in mortgage foreclosures. The city defended the city's tax-sale practices in federal court filings this week as part of a groundbreaking lawsuit filed by Baltimore against Wells Fargo Bank. The city alleges in U.S. District Court that the bank exploited African-American families in Baltimore by offering them higher-interest loans than they offered white buyers, stripping them of equity through refinancings and charging them excessive points and fees.
NEWS
By Lynn Anderson and John Fritze | January 9, 2008
Baltimore homeowners could receive counseling and financial support - including short-term loans to help avoid foreclosure - if the city wins the predatory and discriminatory lending lawsuit it filed yesterday against Wells Fargo Bank, Mayor Sheila Dixon said. After reviewing foreclosure data, city attorneys concluded that the leading mortgage lender was steering black homebuyers into high-cost, subprime loans, a contention Wells Fargo denies. City officials believe theirs is the first attempt by a municipality to recoup losses as a result of the subprime mortgage crisis.
NEWS
By PATRICK GUTIERREZ | July 24, 2007
Former Arundel High wrestler Nicole Woody became the first female four-time junior national champion yesterday, capturing the 102-pound title at the Junior Freestyle Nationals in Fargo, N.D. Woody, 19, swept her best-of-three match against Amy Whitbeck of New York, winning by scores of 2-0 and 8-1. "It feels great," said Woody, who plans to wrestle at Oklahoma City University in the fall. "Ever since I won my first championship, my goal was to be the first four-time champion." The Odenton resident, who took second place earlier this year competing against boys in the state high school wrestling finals, did not lose a period the entire tournament, earning the Outstanding Wrestler award for the second consecutive year.
NEWS
By McClatchy Tribune | September 24, 2006
FARGO, N.D. -- A federal jury announced Friday its unanimous decision that Alfonso Rodriguez Jr. should be sentenced to death by lethal injection for the Nov. 22, 2003, kidnapping and killing of University of North Dakota senior Dru Sjodin, a 22-year-old from Pequot Lakes, Minn. Rodriguez, 53, who has spent 31 of the past 32 years behind bars for attacks on women, showed no reaction to the sentencing decision as it was read aloud in court. His attorneys said they will ask for a new trial and appeal if denied.
NEWS
October 18, 2005
On October 16, 2005, BARBARA A. JORDAN (nee Fargo); beloved wife of Francis Ray Jordan; beloved mother of Michael L., Patrick A., Paul E. Jordan and Jo Anne Winschel; loving grandmother of Christian, Cynthia, Bobby, Andrew, Amanda, Jennie, Sean and Timothy. Also survived by her parents Blair and Ruth Fargo and her brother Thomas Fargo. Relatives and friends are invited to call at the Schimunek Funeral Homes of Bel Air, Inc., 610 W. Mac Phail Road (at Rte 24) on Tuesday 3 to 5 and 7 to 9 P.M. A Funeral Mass will be held at St. Ignatius Catholic Church (Hickory)
NEWS
By KENNETH HARNEY | February 27, 2005
IT'S A white-hot legal issue within the home real estate field, but for consumers it basically boils down to this: Should you as a homebuyer or refinancer ever be charged $450 for an appraisal that cost your lender $175? Should you ever pay $45 for a credit check that cost the lender less than $10, or be asked to fork over $65 for Federal Express document shipments that actually cost $18? After a new move by a major mortgage lender, those questions will continue to generate diametrically opposite answers for consumers around the country, depending on where they live.