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NEWS
March 27, 2006
We told the flippers, `You can run but you can't hide,'" U.S. Sen. Barbara A. Mikulski recently boasted. In the six years since she helped establish the Baltimore City Flipping and Predatory Lending Task Force, more than 100 dishonest real-estate dealmakers - appraisers, attorneys, settlement officers and phony homebuyers - have been convicted for taking part in predatory lending schemes that preyed on vulnerable city residents. These results are worth bragging about. Real-estate speculators once ran roughshod over fragile city neighborhoods: buying houses on the cheap, making minor repairs and getting them illegally appraised at inflated rates, then quickly reselling them to unsuspecting homebuyers for overpriced amounts.
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SPORTS
By Eduardo A. Encina and The Baltimore Sun | September 16, 2014
Mike Soukup was driving southbound on the Baltimore-Washington Parkway on Monday afternoon when he saw a stream of brake lights and then a pillar of smoke. He then saw a pickup truck sideways on its passenger side. One person had been ejected from the vehicle, he said, and another was pinned underneath the truck. He noticed a pool of gasoline forming on the pavement. Soukup, 55, pulled over where he saw a man waving at him in the middle of the highway to come help. He began helping the man try to push the truck back on its wheels.
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NEWS
By Jamie Smith Hopkins and Jamie Smith Hopkins,SUN STAFF | January 16, 2001
In an effort to protect homebuyers from property-flipping schemes, city lawmakers, lenders and Realtors are launching a public awareness campaign today. Billboards and bus signs are already up, and radio and television ads will start airing soon - all directing potential homebuyers to counseling and information so they don't end up with an excessively overpriced house. A toll-free hot line - 888-949-6677 - connects consumers with a housing counselor from the Maryland Center for Community Development.
NEWS
By Mary Carole McCauley, The Baltimore Sun | February 1, 2014
A 54-year-old man was pronounced dead Saturday after his car ran into a curb and overturned in Columbia. Henry Walter Atkins III, of Severna Park, suffered from a medical condition that may have caused him to lose control of his 2005 Ford pickup, Howard County police said. Atkins was driving his truck northeast on Columbia Gateway Drive near Robert Fulton Drive at about 1:20 p.m. when the vehicle left the road, struck an embankment and flipped onto its side, police said. A Howard County Fire & Rescue vehicle driving in the opposite direction had to swerve to avoid being hit, police said.
NEWS
By MATTHEW DOLAN | January 5, 2006
A Pasadena man was sentenced yesterday in U.S. District Court in Baltimore to a year and a day in prison for making false statements concerning bogus documents created to sell real estate in Anne Arundel County. A statement of facts submitted by federal prosecutors said Michael Dronet, 36, used a business known as Homebuyer's to purchase 19 homes in Glen Burnie at low prices, perform minor renovations and resell the properties at much higher prices. Prosecutors said the flipping scheme involved Dronet finding buyers for the homes and submitting falsified documents on behalf of the buyers to secure mortgages.
NEWS
BY A SUN STAFF WRITER | November 22, 2003
The owners of a Baltimore real estate title company who pleaded guilty last month to defrauding the federal government of nearly $600,000 in a property flipping scheme were sentenced yesterday in U.S. District Court. Edward Charles Rybczynski was sentenced to five months in prison and ordered to pay $594,433 in restitution. When released from prison, Rybczynski will also serve five months of home detention and three years of supervised release. His wife, Andrea Marie Rybczynski, was given three years' probation, six months of home detention and also ordered to help pay restitution.
NEWS
By John B. O'Donnell and John B. O'Donnell,SUN STAFF | September 21, 1999
In the first public step toward a General Assembly effort to curb house "flipping," two legislative subcommittees will hear tales from victims tomorrow evening at an East Baltimore hearing."
NEWS
By John B. O'Donnell and John B. O'Donnell,SUN STAFF | February 2, 2001
A federal judge acquitted two real estate appraisers yesterday on the 13th day of their trial, handing the government the first defeat in its prosecution of property flipping cases. Judge Frederic N. Smalkin acquitted Guy Shaneybrook and Narade Pramuan, who were indicted in June along with two other defendants. Carl Schulz, the central figure in the case, pleaded guilty to two counts of wire fraud on Jan. 3, before the trial began. He acknowledged that his flipping scheme cost lenders as much as $1.5 million.
NEWS
By Tom Pelton and Tom Pelton,SUN STAFF | October 1, 2002
U.S. Sen. Barbara A. Mikulski said yesterday that she hopes to introduce legislation this fall to help further protect homebuyers from being "gouged, ripped off and scammed," by real estate flipping. Flipping is a practice in which real estate speculators buy and then rapidly sell homes for wildly inflated prices using false promises and fraudulent appraisals. As a result, naive first-time homebuyers are saddled with more debt than they can afford, which leads to foreclosures and bankruptcies.
NEWS
By John B. O'Donnell and John B. O'Donnell,SUN STAFF | March 20, 2000
A U.S. Senate hearing on the wave of property "flipping" that has swept across Baltimore in the past four years will be held March 27 at the World Trade Center. Sen. Barbara A. Mikulski, a Maryland Democrat, is expected to lead the hearing by the Senate subcommittee that handles the U.S. Department of Housing and Urban Development budget. Mikulski is the senior Democrat on the panel, which is headed by Sen. Christopher S. Bond, a Missouri Republican. Bond is not expected to attend. Maryland Sen. Paul S. Sarbanes, the senior Democrat on the Banking Committee, which has legislative jurisdiction over HUD, will take part in the hearing.
NEWS
January 26, 2014
A driver fled after flipping his car early Sunday morning on Route 7 in Edgewood. No one was injured, including the driver, Maryland State Police said.
NEWS
By Samantha Iacia, For The Baltimore Sun | December 21, 2013
Date: Oct. 26, 2013 Her story: Grace Katherine "Katie" Beach, 28, grew up in Catonsville. She is an accountant at the Social Security Administration office in Woodlawn. Her parents, Mary Lou and Tom Beach, live in Catonsville. His story: Joseph "Joe" Benson, 29, grew up in Carney. He is an economist at the Center for Medicare & Medicaid Services, also in Woodlawn. His mother, Charlotte Benson, lives in Parkville, and his father, Rodney Benson, lives in Washington, D.C. Their story: Katie and Joe met in October of 2008 when mutual college friends introduced them at the Claddagh Pub in Canton.
NEWS
By Erin Cox, The Baltimore Sun | November 30, 2013
The brightest block in Hampden flickered into full holiday kitsch Saturday night, its tens of thousands of lights twinkling, its hub-cap Christmas tree gleaming and its Natty Boh-themed display drawing oohs and ahhs from revelers. Santa arrived in a pickup truck. In unison, the homeowners flipped the switches to illuminate a block that's earned regional renown for its annual "Miracle on 34th Street" holiday celebration. "The best place to be in the entire world is Hampden on the first night of lights," said Lou Catelli, who wore red corduroy shorts to pedal an adult-size tricycle up and down the street.
NEWS
October 22, 2013
Regarding your article on cool roofs, the concept appears very beneficial, but Baltimore also has a winter season ( "Push urged for more cool roofs in Baltimore," Oct. 13). There was not one word relating to the fact that though the white "cool" roofs reflect 80 percent of the sunlight in summer, I could use that 80 percent during the winter when my furnace is trying to make up for the loss that I am now denied because of my "cool" roof. Obviously what is needed is a roof which turns energy-reflecting white when it is hot outside but energy-absorbing black when it is cold.
NEWS
By Kevin Rector, The Baltimore Sun | October 4, 2013
Ten Pikesville Middle School students had to scramble out of the emergency exits of their school bus Friday morning after the driver lost control and the bus flipped off the side of a Baltimore County road. The accident sent five students and the female bus driver to area hospitals with minor injuries, while five other students were picked up at the scene by their parents, said Chief Mike Robinson, a Baltimore County Fire Department spokesman. The injuries sustained by the driver were not described.
NEWS
By Leah Polakoff | September 16, 2013
Most fundraising events ask participants to buy -- food, decor, services. Columbia-based Gold Party Events, however, takes a different tack by asking participants to sell their old, unwanted or broken jewelry to benefit a cause. Here's how it works: Guests bring jewelry, silverware or hollowware for appraisal by a certified buyer, who makes offers on the items. Hosts and guests take away money for items they choose to sell, while a portion of the sale goes to support a fundraiser of the host's choice.
NEWS
May 25, 2000
ANOTHER dubious distinction for Baltimore: Nefarious home-selling scandals are so rampant in the city that the Federal Housing Administration will test its antidote here. The FHA has decided to help swindled homeowners in Baltimore first because property flipping has become noticeably prevalent, as revealed in a number of stories by Sun reporter John B. O'Donnell. Appraisers, mortgage brokers and lenders have duped house hunters into paying wildly inflated prices for homes. For example, an unscrupulous investor buys a property for $45,000.
NEWS
By John B. O'Donnell and John B. O'Donnell,SUN STAFF | December 9, 2000
Sentencing of Robert L. Beeman, the central figure in the first prosecution of property flipping in Baltimore, and two co-defendants was postponed yesterday until Monday by U.S. District Judge J. Frederick Motz. The delay came after a hearing on several sentencing issues, including a prosecution request to toughen the penalties, ran into the late afternoon. Michael M. Fishman and Scott R. Shinskie, two principals in Macallan Funding Inc., a defunct mortgage brokerage firm that handled many Beeman transactions, also will be sentenced Monday.
SPORTS
By Jeff Barker, The Baltimore Sun | September 7, 2013
Randy Edsall surely loved sophomore wide receiver Stefon Diggs ' 41-yard touchdown reception, but the Maryland coach seemed not to be happy with what came along with it. Diggs high-stepped as he ran down the sideline before flipping into the end zone in front of the Maryland student section in the second quarter. He had taken a swing pass and turned it into a long touchdown in Maryland's 47-10 victory over Old Dominion. "I think it is my responsibility to coach the young men up," Edsall said after the game.
BUSINESS
By Steve Kilar, The Baltimore Sun | December 31, 2012
Federal officials have extended a regulatory waiver that makes it easier to "flip" properties - a move meant to encourage the renovation of foreclosed homes but that critics say could herald the return of predatory schemes. The Federal Housing Administration has waived through 2014 an anti-flipping regulation, which had prevented the agency from insuring mortgages on properties sold within 90 days of acquisition. The waiver, first implemented in 2010 to bolster the flagging housing market, is intended to enable investors to buy and quickly rehab properties as the market continues to struggle.
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