By The Associated Press
Published: March 19,2012
The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows last week, making homebuying and refinancing more attractive to those who can qualify.
By The Associated Press
Published: March 15,2012
The government filed in federal court Monday a $25 billion settlement with the five largest mortgage lenders, putting an official stamp on the landmark agreement over alleged foreclosure abuses.
By The Associated Press
Published: March 12,2012
Government-controlled mortgage giant Freddie Mac has requested just $146 million in additional aid after posting a smaller loss in the fourth quarter of last year.
By The Associated Press
Published: February 23,2012
The housing market recovery hasn't taken off yet, but a rally in its stocks sure has. The Standard & Poor's homebuilders index is up 60 percent since October. Given that stock prices tend to anticipate business trends, does that mean a housing market rebound is imminent during the spring home-selling season?
By The Associated Press
Published: February 9,2012
New York and California have agreed to sign the proposed settlement between U.S. states and the nation's biggest mortgage lenders over foreclosure abuses, according to a source close to the negotiations. In North Carolina, Attorney General Roy Cooper has shown support for the draft agreement, according to news reports.
By The Associated Press
Published: February 7,2012
New York’s attorney general on Friday accused some of the nation’s largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 billion.
By Scott Baughman
Published: February 7,2012
For some in the construction industry, projects are picking up. But builders and bankers disagree on what’s driving it.
By Scott Baughman
Published: February 3,2012
Geoffrey Lamb says he unintentionally broke the state’s real estate laws while running a foreclosure-relief company in 2008. But the North Carolina Real Estate Commission uses much stronger language to describe what Lamb did as owner of U.S. Consumer Solutions, a Concord company that is no longer in business.
By The Associated Press
Published: February 2,2012
President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth.
By Mecklenburg Times staff reports
Published: February 1,2012
Bank of America Corp. will sell and lease back three buildings it owns in Charlotte and New York as part of an ongoing efficiency program, according to news reports. The Charlotte buildings are Fifth Third Center and the Hearst Tower. The New York building is 222 Broadway in lower Manhattan.
Sign up today to receive The Mecklenburg Times’ free E-Alerts and be the first to read breaking news.
Sign up or manage your alert.
