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, staff writer
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, staff writer
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.
By The Associated Press
Published: January 27,2012
Federal and state law enforcement officials announced Friday they have launched a fraud-fighting unit, starting with 55 prosecutors and investigators, to root out wrongdoing in the market for residential mortgage-backed securities.
By Tara Ramsey, staff writer
Published: January 22,2012
On Wednesday, Mark Vitner, managing director and senior economist for Wells Fargo, was the featured speaker for a “State of the Charlotte Commercial Real Estate Market and Outlook” forum. But most of his presentation ended up being focused on the homebuilding industry. And the overall theme? Don’t expect 2012 to deliver a complete turnaround. “There [...]
By Mecklenburg Times staff reports
Published: January 17,2012
The membership of the Mecklenburg-Union Metropolitan Planning Organization, or more commonly referred to as MUMPO, is likely to change early this year as the U.S. Census prepares to release new maps detailing the country’s urbanized and soon-to-be urbanized areas.
By Mecklenburg Times staff reports
Published: January 17,2012
Foreclosure filings in the Charlotte-Gastonia-Concord area went up by about 6.9 percent to 1,181 filings from November to December, and the overall number is up about 8.1 percent from December 2010 when there were 1,092 filings.
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