Maryland's Court of Appeals has ruled against Provident Bank for charging closing costs on home equity lines-of-credit when the loan was paid off three years after it was made. A Hamilton County Common Pleas court held that Wells Fargo Bank couldn't foreclose on a home because it did not prove that it had owned the mortgage. Servicers currently holding mortgages involved in a scam by bankrupt Personal Financial Management have agreed to hold off on foreclosure and collection activities against the borrowers through the end of January and many lenders have indicated they are willing to extend the foreclosure moratorium until May.
More... 
