NEW YORK — Shares of home loan servicing company Ocwen extended their slump Wednesday after Moody’s Investors Service downgraded its credit. The firm lowered its rating on Ocwen’s credit to ‘B2′ from ‘B1′ and said the rating could be cut ...Read More »
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RALEIGH — North Carolina’s unemployment rate is down slightly, but so is the number of people working. North Carolina officials said Tuesday the state unemployment rate dipped to 6.7 percent in September, down one-tenth of a percentage point from August. ...
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WASHINGTON — New U.S. rules aimed at getting banks to take on more of the risk when they package and sell mortgage securities are being relaxed with an eye to spurring broader home lending. Federal regulators have dropped a key ...Read More »
JACKSONVILLE — The Supreme Court has taken up the appeal over the sale of North Carolina State University’s Hofmann Forest, a working forest in Onslow and Jones counties. The Daily News of Jacksonville reported (http://bit.ly/1wouoVk) reported the state Supreme Court bypassed the ...Read More »
RALEIGH — North Carolina’s insurance commissioner is holding a hearing on a request from companies that want to increase homeowner insurance prices by an average of more than 25 percent in January. Insurance Commissioner Wayne Goodwin will hold the hearing Monday in Raleigh. ...Read More »
YORK, S.C. — York County officials are looking for ways to cut down on the costs of renovating the century-old courthouse. The Herald of Rock Hill reported (http://bit.ly/1wqYCqL ) the original estimate to renovate the building was a little more than ...
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HILTON HEAD ISLAND, S.C. – Media mogul Ted Turner is selling his 4,700-acre island on the South Carolina coast. The Island Packet of Hilton Head reports (http://bit.ly/1Df6q0J ) that Turner is asking almost $24 million for St. Phillips Island near Hilton Head ...Read More »
GREENSBORO – A partnership between a manufacturer and Greensboro police has led to the installation of new locks for 250 local homes. The partnership between the Greensboro Police Department and Kwikset began in 2011 when the company donated locks to ...Read More »
BEMIDJI, Minn. — Some companies in northwest Minnesota find themselves struggling with skilled worker and chronic housing shortages because there are more jobs available in the area than places where workers can live. Polaris Industries struggled for months to find ...Read More »