Maryland

Baltimore-area home sales hit a record high in July as interest rates remained low and buyers moved quickly to choose from a low supply of available properties.

Home sales in the Baltimore area plummeted in May, the steepest drop in a decade amid the pandemic, but record-low mortgage rates are pushing buyers into the housing market.

Howard Bancorp is transferring its mortgage business, along with VAMortgage.com, to a limited liability company formed by former managers in the division

Home prices in 10 states are still valued below the peaks reached before the Great Recession, according to a new report by CoreLogic, a real estate analytics company.

Susan Riel succeeded Ronald Paul as CEO of the Maryland bank shortly before questions surfaced about credit quality and lending practices.

Home price growth in certain markets surrounding Crystal City, Va., tripled the national average in the year since Amazon announced its second headquarters would go there.

Such credits, which reflect borrowers with financial challenges, increased significantly during the third quarter.

NewDay USA, a lender specializing in loans to veterans and military service members, is addressing rate-driven increases in refinancing by hiring more than 100 workers who are new to the business.

Seven real estate companies are now facing age-discrimination complaints over allegations they used advertisements posted on Facebook to filter out potential clients over a certain age.

Presidential candidate Sen. Elizabeth Warren, D-Mass., and another Democratic senator are asking whether Kushner Cos. "may have received special treatment" on a U.S.-government-backed loan of about $800 million.

Home sales in Baltimore plunged in May amid the recent ransomware attack on city government computers, including those essential for completing real estate transactions.

Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.

The sale of Lisa Kloid's Northeast Baltimore house was moving along quickly. It went under contract in April after less than a month, and the settlement was moved up to accommodate the eager first-time buyers.

The tightest housing markets in the U.S. are unwinding in time for the key spring selling season, giving buyers an edge for the first time in years, a Trulia study said.

McLean Mortgage is not going forward with a potential sale to Congressional Bank in Bethesda, Md., saying an agreement that made sense for all parties wasn't possible.

In Baltimore, single women own about 24% of all owner-occupied homes in the city, outnumbering single male homeowners, who account for about 11%, according to a LendingTree report.

New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.

The median sale price for a home in the Baltimore region ticked up in November from October, reversing a three-month slide in prices.

The median sale price for homes in the Baltimore region dropped $10,100 from September to October and remained unchanged from a year ago.

Amazon will choose two locations for its new headquarters, according to the Wall Street Journal, which cited an unidentified person familiar with the matter.