Thomas E. Green, of Ocean City, pled guilty to conspiring to commit wire and bank fraud in order to secure $2.2 million in loans on five properties in Cape Charles, Virginia.

From January 2007 to September 2008, Green commited mortgage fraud throughout the Cape Charles area on the eastern shore of Virginia.  The sentencing is scheduled for May 23, and Green could face up to 30 years in prison.  

According to the plea agreement, Green applied for two properties and falsely claimed he made $26,500 and $24,500 per month respectively.  On three separate properties he claimed he made the down payments from his own funds when in fact the money came from other conspirators.

Maryland mortgage modification lawyers of Chaifetz & Coyle, P.C. are thrilled to announce the "Shop Maryland Energy Weekend" beginning Friday.

Beginning at midnight on Friday, there will be tax-free deals on select Energy Star appliances and products sold throughout Maryland.  This annual tax-free weekend will help consumers save on initial purchases and energy bills for the future. Appliances such as washers, refrigerators, heat pumps, air conditioners, and furnaces will be part of the tax-free deals.

The tax-free deals run from midnight on Friday to midnight on Monday.  The Energy Star label is on a list of appliances to mark the ones that reduce the emissions of greenhouse gases and pollutants that can destroy the environment from poor use of energy. 

For more information, visit www.wbaltv.com 

State and federal officials announced today that a national foreclosure settlement of over $25 billion has been reached between five of the nation's banks and the state officials.

This marks the largest civil settlement in our nation's history, and is the end of a 16 month battle between lenders and state/federal officials.  President Obama stated, “We have reached a landmark settlement with the nation’s largest banks that will speed relief to the hardest-hit homeowners, end some of the most abusive practices of the mortgage industry, and begin to turn the page on an era of recklessness that has left so much damage in its wake."

The settlement requires banks to reduce the amount on mortgages the borrowers owe, lower interest rates, and pay restitution to those who suffered abuses.  Banks are now required to have one point of contact for each borrower to prevent being moved around between employees.

Maryland mortgage modification lawyers of Chaifetz & Coyle, P.C. are excited to announce Super Bowl XLVI happening this Sunday.

Americans across the United States will tune in to watch one of the most anticipated Super Bowls in history.  The New York Giants and the New England Patriots will meet in Indianapolis on Sunday at Lucas Oil Stadium for the 2012 Super Bowl game.

The New England Patriots and NY Giants faced off four years ago in 2008 at the Super Bowl, and the Giants walked away with the victory.  This year, the Patriots are hoping to bring home the trophy.   They are entering the Super Bowl with a 15-3 record, and this will be the fifth time their head coach, Bill Belichick, and quarterback, Tom Brady, will be at the Super in the last 11 seasons.

The Giants enter the game with a 12-7 record having beaten the second-seeded San Francisco 49ers in the NFC Championship.

Tune in at 6:30pm EST to NBC for live coverage.  For more information, visit the Super Bowl website.