BUSINESS
Jamie Smith Hopkins | May 2, 2012
Internal Fannie Mae documents show the mortgage financier was about to launch a principal reduction program in 2010 after determining that it would save taxpayers hundreds of millions of dollars, a Baltimore congressman says -- contradicting claims by Fannie's regulator that such a move would be costly. U.S. Reps. Elijah E. Cummings of Baltimore and John F. Tierney of Massachusetts, Democrats who sit on the House Committee on Oversight & Government Reform, sent a joint letter Tuesday to regulator Edward DeMarco demanding more information about why the program was "mysteriously terminated" in July 2010.
NEWS
By Liz Bowie, The Baltimore Sun | April 27, 2012
An Anne Arundel County elementary school principal has asked for a transfer to another school after district officials began investigating concerns that she did not respond to complaints about a student before he ended up threatening a teacher. In a letter to the school community this week, Crofton Elementary School principal Shauna Kauffman said Superintendent Kevin Maxwell had approved her request for a transfer to another school. She will be moved at the end of the school year.
NEWS
By Liz Bowie, The Baltimore Sun | April 24, 2012
Gov. Martin O'Malley made a rare appearance at the state school board meeting Tuesday to welcome the new state school superintendent, Lillian M. Lowery, and encourage the members to work harder on preparing principals and providing vocational training to students. The state board voted unanimously to hire Lowery, who is Delaware's secretary of education. She will begin July 1. Lowery attended the board meeting, sitting next to the interim state school superintendent, Bernard Sadusky, but did not participate in the discussion, which centered on several key issues, including the adjustment to new set of high school exams in the coming years.
EXPLORE
Staff Reports | April 17, 2012
Kimberly Dolch, principal of North Carroll High School, has been named the Maryland High School Principal of the Year by the Maryland Association of Secondary School Principals. Dolch, who has been principal at North Carroll since 2005, began her career in Carroll County Public Schools in 1998. The awards materials notes that during her tenure at North Carroll, Dolch's motto for the school has been "Whatever It Takes. " "The relationships she builds with students cause them to feel a sense of security and trust," said Sherri-Le Bream, director of high schools for CCPS.
BUSINESS
Jamie Smith Hopkins | March 20, 2012
Maryland homeowner advocates met with Wells Fargo Monday to urge officials not to wait to make changes called for by the national robo-signing settlement , including reducing borrowers' principal. Thoug the settlement was announced in early February, it was just filed in court and must be approved by a judge before it could go into effect . The Maryland Consumer Rights Coalition , which helped organize the meeting, brought a petition signed by about 2,800 people "calling on the banks to do more for Maryland families.
NEWS
By Jacques Kelly, The Baltimore Sun | March 15, 2012
The Very Rev. Matthew J. O'Rourke, a Josephite priest and former superior general of his Roman Catholic religious order, died of congestive heart failure March 9 at St. Joseph Manor in North Baltimore. He was 93. Born in the Bronx, N.Y., he earned a bachelor's degree at Manhattan College and a master's degree from Loyola University in New Orleans. He was ordained a priest in 1947. In 1951, he helped found New Orleans' St. Augustine High School, a predominantly African-American institution.