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BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | March 23, 2012
Maryland's attorney general said Friday that the nearly $60 million from the national mortgage settlement that the state controls would be used to help people "victimized by the egregious conduct of the banks," in contrast with some states that intend to use their shares to plug budget holes. Attorney General Douglas F. Gansler also said his office is pursuing criminal investigations related to mortgage and foreclosure fraud, though he didn't say whether cases related to the "robo-signing" that prompted the settlement might be filed.
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BUSINESS
October 1, 2000
The Maryland Department of Labor, Licensing and Regulation is advising homeowners who use unlicensed contractors for home repairs and improvements that they don't have access to the kinds of safeguards put in place by the Maryland Home Improvement Commission. The MHIC offers a guarantee of up to $10,000 for damage caused by a licensed contractor's poor workmanship or failure to perform work. That guarantee is not available to homeowners who use unlicensed contractors, according to the DLLR.
BUSINESS
July 27, 1997
Earlier this year, Congress passed a law requiring lenders to notify homeowners when they have built up enough equity to cancel their private mortgage insurance (PMI). Now, there is a business that can help Maryland homeowners through the process.Mortgage Insurance Consultants will provide a homeowner with a market analysis and an appraisal and will submit all documents to the lender for a base fee of $395."That bill basically only applied to people currently getting mortgage insurance," said Barry Nabozby, a consultant to the company, which has opened an office in Pikesville.
BUSINESS
By Adrian B. Miller and Adrian B. Miller,Contributing Writer | September 6, 1992
Sam Catalana is hopping mad. He paid cash for his $82,000 condo just two years ago, hoping to spend his retirement there. Instead, he is spending more money and effort than he bargained for in a legal battle with the condo builder.Mr. Catalana and other homeowners at The Pointe in Abingdon say the 2- and 4-year-old homes in their development were poorly constructed by the builder, Henderson-Webb and The Pointe Inc.The owners say water pours through some of their windows during rainstorms, floors and bearing walls vibrate, and roof trusses are unstable and could collapse under a heavy snow.
BUSINESS
By David Conn and David Conn,Sun Staff Writer | April 5, 1995
A headline on a story about Geico Corp. in yesterday's Business section incorrectly characterized a transaction between Geico and Aetna Life & Casualty Co. Geico has agreed to transfer, not sell, its homeowners insurance business to Aetna Life & Casualty.The Sun regrets the errors.Geico Corp., the Bethesda insurer, has given up on its relatively small homeowners insurance business and will transfer to Aetna Life & Casualty, the companies said yesterday.Geico writes homeowners policies through a wholly owned insurance agency called Insurance Counselors Inc., which is based in Maryland.
NEWS
By Erika Niedowski and Erika Niedowski,SUN STAFF | July 29, 1999
The Columbia Association has filed five lawsuits in Howard County Circuit Court, charging homeowners with covenant violations, as it tries to address rising complaints about deteriorating -- or just plain unsightly -- properties in the 30-year-old planned community.The alleged violations range from relocating a fence without permission to failing to trim backyard trees and bushes, to refusing to remove algae from house siding and a deck."I can agree with part of the deal to try to keep this place looking nice," said William Dragovich of Chase Lions Way in Dorsey's Search, who relocated a 5-foot-tall wooden fence and is facing a lawsuit.
NEWS
By Dana Hedgpeth and Dana Hedgpeth,SUN STAFF | July 13, 1997
An estimated 40,000 Maryland homeowners who have faulty polybutylene plastic plumbing have five weeks to stake their claim to a $950 million national settlement -- one of the largest property class-action suits in U.S. history.Under terms settling a Tennessee lawsuit that became final in late 1995, some 6 million homeowners nationwide are seeking compensation for property damage, repair costs and replacement of plumbing systems.In the past four years, a national hot line has received about 143,000 claims, totaling $360 million.
NEWS
July 31, 1992
Low-income homeowners may be able to replace failing septic systems with the help of county money in a program announced this week by County Executive Robert R. Neall.The county is making available $100,000 to finance interest-free deferred loans to help to property owners replace failing systems with innovative alternative septic systems.The program is open to homeowners with incomes ranging from $15,450 to $29,100, depending upon family size. Some money also may be available for families with higher incomes, depending on the circumstances.
NEWS
September 20, 2008
I applaud the efforts by Keith Losoya and R. Paul Warren to demonstrate that the city is leaving millions on the table every year as a result of the underassessment of commercial properties ("Homeowners' burden," Commentary, Sept. 11). The city government needs to recognize that homeowners are one of the city's greatest assets. We help to stabilize and restore neighborhoods, clean and police the streets, and show our commitment to the city by purchasing property here, even though we know the suburbs offer better services for lower taxes.
NEWS
By Bill Talbott and Bill Talbott,SUN STAFF | October 23, 1995
Westminster police are warning homeowners to beware of anyone leaving a leaflet or approaching residents offering to paint house numbers on the curb for $10.Police recommend that the house number appear in 4-inch numerals on or near the front door to aid emergency personnel, but the company leaving the leaflets, Community Painting Service, is not licensed to do such work in Carroll County or Westminster.Officers said the company does not have a trader's license or permit from the city to do curb painting.
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