At Progressive Title, We'll Come to You... 11/01/07 Andrew Cooch, Esquire is scheduled to give a lecture at the Maryland Land Title Association Southern Maryland Chapter continuing education course offered in Waldorf, Maryland on December 4, 2007. His topic of discussion will be "Unique Titles." A primary area of covered is the Foreclosure Consultant statute and distressed sales. 10/09/97 Progressive Title is proud to announce its support for Julie Kozak in her fund raising efforts through the Komen Maryland Race for the Cure a supporter of breast cancer research. If you wish to join in this worthy cause you can contact Susan G. Komen for the Cure Maryland at info@komenmd.org or call 410-938-8990. 10/08/07 Andrew Cooch, Esquire, President of Progressive Title Corporation, was installed as Vice President of the Maryland Land Title Association. The MLTA provides education and information for the improvement of land title professionals. It offers regular seminars as well as providing background information to the Maryland Legislature for assistance on matters related to real property in Maryland. 09/26/07 Progressive Title is Silver Sponsor of the Bello Marchre, Inc. golf tournament in Queenstown Maryland. Bello Marchre is a non-profit provider of residential facilities to developmentally disabled citizens of Maryland. Progressive Title was pleased to assist in their worthy cause. Others wishing to contribute can contact Bello Machre at 410-255-3805 or at their web site www.bellomachre.org. 09/10/07 Progressive Title sends ten employees to the MLTA Convention in Williamsburg, Virginia. In its continuing effort to maintain the highest level of knowledgable staff, Progressive employees experienced three days of intensive learning while meeting their fellow title professionals in the relaxing setting of Willaimsburg, Virginia. 06/08/07 The Baltimore Sun's lead editorial for this date tells the story of Kwaku Atta Poku, a small business man who lost his house in foreclosure due in large part to the failure of his title company. No records could be located showing he had refinanced and paid off the foreclosing lender. His title company was out of business. The moral of the story: employ a title company or lawyer with a proven track record. Progressive Title Corporation has been in business for twenty (20) years and its owners/lawyers have been practicing law for almost thirty (30) years. Experience and reliability are important. 03/01/07 Andrew Cooch, as an Officer of the Maryland Land Title Associaton has been designated to attend the American Land Title Association Annual Conference in Washington, D.C.. The ALTA conference is scheduled for the first week of March, 2007. 02/06/07 In a continuing effort to maintain a high level of professionalism, Progressive Title renews it membership in the Virginial Land Title Association. 01/02/07 Progressive Title announces that it is now licensed to conduct closings and/or sell Title Insurance in the following States: Maryland, Washington D.C., Virginia, Delaware, Florida. 11/13/06
Forbes Magazine article - corruption 101 Click here to view PDF 11/1/06
BGE Deferred Charges and taking Title to Property issue The new law, which defers costs in 2006 and 2007 and authorizes recovery of those costs over an ensuing 10 - 12 year period, does not create a personal obligation that follows the customer and does not create a lien or follow the property in any way. Instead, kilowatt hour prices will change over time and those same unit prices will be paid by all residential customers taking service from BGE at that time. BGE's price per kilowatt-hour will be much lower in 2006 and 2007 than they would be if there were no deferral, and those lower prices per kilowatt-hour will be paid by all residential customers taking service from BGE in 2006 and 2007. Similarly, there will be a slightly higher price per kilowatt-hour over a 10 - 12 year period beginning in 2007 to recover the deferred costs from 2006 and 2007; and those slightly higher kilowatt-hour prices will be paid by all residential customers who take service from BGE during that 10 - 12 year period. There is no individual customer-by-customer accounting when setting utility rates. Instead, the total dollars of deferred costs and the aggregate dollar amount of bill credits are divided by the total number of kilowatt-hours sold to all residential customers to come up with a residential class-wide average price per kilowatt-hour. Therefore, the credits would not be tied to the property, but would be based on the usage during the recovery period. The amount paid back by a user that bought a home after the previous owner took the credits would not have his own recovery charge tied to the credits given to the first owner, but instead tied to his own usage. What this means for customers is that the amount of credits and repayment will not follow you as you move from home to home, or out of the service territory, but will be based on actual consumption at the place where you live within the territory at the time that the credits or recovery charges are made. What this means for the title industry is that they do not have to address it in the HUD1s because the credit and recovery charges are not tied to the property, but to kilowatt-hour usage. |
