A MAJOR RULING: In a major ruling Friday (January 14, 2011), a coalition of nonprofit defense lawyers and consumer protection advocates in Maryland successfully got over 10,000 foreclosure cases managed by GMAC Mortgage tossed out, because affidavits in the cases were signed by Jeffrey Stephan, the infamous GMAC “robo-signer” who attested to the authenticity of […]

Governor Martin O’Malley and Lieutenant Governor Anthony Brown released data in the form of a StateStat Update on foreclosure prevention outreach efforts in Maryland:

Through the first six months of 2009, approximately 18,112 foreclosure filings occurred in
Maryland.
Compared with 17,625 filings for the same period last year, this represents a growth of about 2.8 percent.
In […]

Believe it or not, in Maryland the news is mixed, when it comes to foreclosures. It is not all negative. So how bad is residential real estate in Maryland? As reported today in the Baltimore Business Journal, RealtyTrac, Inc.

One of every 774 households in
Maryland was in foreclosure in October, according to an industry report […]