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Inside Tract

RoundPoint Mortgage to lay off 166 in Charlotte (access required)

CHARLOTTE — A mortgage company plans to lay off 166 employees in Charlotte. The Charlotte Observer reported (http://bit.ly/WFhhBC) that documents filed with the North Carolina Commerce Department indicate that RoundPoint Mortgage Co. plans to lay off the workers at the company’s Charlotte ...

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Olin, N.C.: A hub for foreclosures (access required)

Olin, N.C., a hamlet of 2,170 people in Iredell County outside of Statesville, is one of the hardest hit towns by foreclosure in North Carolina. The foreclosure rate for Olin is one of every 363 homes, according to RealtyTrac. For ...

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Housing prices up in May (access required)

Housing prices across the country rose 0.4 percent in May and are now 6.5 percent off their April 2007 peak, a new government report says. The Federal Housing Finance Agency index report is based on sales price information of mortgages ...

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