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Excitement Builds with a New Wegman’s Opening in Prince George’s County

With the opening of a Wegman’s in Lanham, Md. Sunday, residents and officials feel that the often disregarded Prince George’s county can show everyone it has the strength to support high-end shopping.

Neighboring Montgomery County boasts numerous high end grocery stores, including five Whole Foods Markets and three Trader Joe's.  Prince George’s County has none.  Most of the time luxury retailers skip over Prince George’s County when it comes to business development like Nordstrom’s and Bloomingdales have in the past. Officials are hoping that the success of the new Wegman’s will change all of that.

Currently, Wegman’s has five Northern Virginia locations and six more are planned for the Maryland region including Germantown.

The Halt to Foreclosures will have an impact to DC area homeowners

Recently, there has been a halt to foreclosures on homes where the mortgages have fallen into default. The onus has been put on the lenders to prove that they have the right to foreclose. Judges have started dismissing foreclosure actions against homeowners as it has become clear that the banks do not have clear title or standing to foreclose.

What this means to struggling homeowners is that they now have an opportunity to challenge banks that may not have been helpful in the loan modification process. Very few homes have been successfully modified under the HAMP program and the blame for this is being laid right at the banks front door. From the entire modification process being characterized as unhelpful to downright deceptive, this moratorium on foreclosing will give homeowners a chance to negotiate favorable terms with their lenders.