ANNAPOLIS, MD (October 4, 2010) - Governor Martin O'Malley issued this statement today in support
of Congressman Cummings' request for a halt on foreclosures in Maryland. In addition, Governor O'Malley
has signed a joint
letter with Congressman Cummings and Attorney General Gansler (PDF document,
download Adobe Acrobat for free) calling on Maryland mortgage servicers to halt current and
future foreclosure proceedings until Maryland homeowners can be assured they're being treated fairly:
"I want to thank Congressman Cummings for championing this important issue, and acting as a voice in
Congress for too many homeowners who find themselves at the mercy of faceless mortgage giants. In Maryland,
we've implemented some of the most sweeping foreclosure prevention laws in the country, putting public
resources on the side of Maryland families who are facing the loss of their home. In recent days, several
servicers, including JP Morgan Chase, Bank of America and GMAC/Ally Finance, have acknowledged that they
have failed to follow proper procedures by filing affidavits in foreclosure cases without adequate
personal knowledge of the underlying cases, trampling laws that were designed specifically to protect
homeowners in default. They have recently announced suspension of foreclosures in 23 states.
"Given that these servicers and their competitors operate nationwide, we are extremely concerned
that our citizens may have been equally harmed through similar practices. While we explore the legal
avenues available to the state, I'm joining Congressman Cummings and Attorney General Gansler in calling
on these and other servicers to suspend both new and ongoing foreclosure actions in Maryland until they
review their practices in Maryland and can ensure that Marylanders are not being mistreated."
A copy of the letters sent to mortgage servicers can be found here.
As a result of foreclosure prevention reform initiated by the O'Malley-Brown Administration, Maryland's
HOPE Hotline has counseled more than 46,000 families facing foreclosure, with nearly 14,000 of those as
positive outcomes. The HOPE Network has 28 housing counseling agencies assisting homeowners facing
foreclosure. Maryland's foreclosure mediation law, which gives every Maryland family facing foreclosure the
right to request a face-to-face mediation session with their lender, is now in place and families are
already beginning to take advantage of it.