A division of JP Morgan Chase & Co. is one of three companies being investigated by the US DOJ in a New Jersey tax-sale bid rigging scheme, according to Bloomberg News. (Sound familiar?)
In a report released by RealtyTrac, Baltimore City’s 2010 Q1 foreclosure rate is up 141% over 2009 Q1. You can access detailed statistics from the Maryland Department of Housing and Community Development (link opens a PDF).
Four were indicted, and information has been filed against a fifth defendant in a mortgage/Ponzi scheme, including a Hanover woman whose home is being foreclosed on, according to the US DOJ.
