Court maintains award to victims of property flipping - 2004-02-28
The Maryland Court of Special Appeals maintained yesterday a $1.4 million jury award to buyers of eight houses sold by Robert L. Beeman, a pioneer in the epidemic of property flipping that swept across Baltimore in the late 1990s.

In 1999, the buyers sued Beeman, his company and his wife, Suzanne Beeman, along with Inland Mortgage Corp., which lent each buyer a mortgage insured by the FHA.
Read the full story at AP via Sunspot

Mortgage Giant Freddie Mac lures Syron - 2004-02-28
Freddie Mac agreed to numerate Richard F. Syron securities and cash worth $11.2 million a year to leave Boston and manage the troubled mortgage financer, and it gave him another $8.8 million in restricted stock as a signing bonus, a regulatory filing yesterday shows.

Syron, 60, quit his executive chairman's post at Thermo Electron Corp. in Waltham on Dec. 31. He was paid about $3.3 million by Thermo in 2002, along with $4.4 million in restricted stock and options valued at $21 million.
Read the full story at Boston Herald