Region?s banks working fast to move foreclosed properties

Published



The foreclosure spike in Maryland and across the nation has lenders scrambling to remove homes from the worst possible location ? their portfolios.

The Baltimore area has fared well amid the mortgage turmoil in recent months, but foreclosures statewide are still up 491 percent in the third quarter from the year before, according to research firm RealtyTrac.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.