mortgage settlement

MD Atty Gen. Doug Gansler,

BALTIMORE (AP) - Maryland Attorney General Doug Gansler says Maryland homeowners have received more than $220 million so far from a national mortgage settlement.

Gansler said Wednesday that 2,825 Maryland homeowners received the assistance between March 1 and June 30. The figures are part of an initial progress report.

Maryland's share of the $25 billion national mortgage settlement has been estimated at nearly $1 billion.

The relief includes mortgage modifications, principal reductions, deficiency waivers, refinancing and short sale financial assistance.


DOVER, Del. (AP) - Members of the legislature's Joint Finance Committee have set aside more than $10 million while the governor and attorney general wrestle over how to spend part of Delaware's share of the nationwide mortgage foreclosure settlement.

Delaware is slated to get about $46 million in the settlement, with roughly $35 million provided by banks in the form of credits to customers.