A Charlotte attorney is hoping a recent U.S. Supreme Court decision will result in a new trial for his client, an attorney convicted in a housing-bubble mortgage-fraud conspiracy. After the March 30 announcement of the high court’s 5-3 decision that ...Read More »
Banking and Finance
While there are worrisome economic signs that could affect the commercial real estate industry, Charlotte remains a good market for office buildings, hotels and multifamily development, several experts said last week. “The most important thing we’ve done is to be ...
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A group of investors who agreed to buy undeveloped coastal lots without consulting appraisals or considering how to finance the purchase cannot hold banks and appraisers responsible for alleged inflated appraisals, according to a recent North Carolina Supreme Court ruling. ...Read More »
Two Charlotte residents touting foreclosure-prevention and debt-reduction services have pleaded guilty to conspiring to defraud the U.S. government through the filing of false tax returns. In May, Daniel Heggins and Joan Clark, operators of Guarantor Manufacturer Inc., were indicted on ...Read More »
The Charlotte region and North Carolina are seeing an increasing number of homes reverting to bank ownership, and on a much larger scale than seen across the nation. According to RealtyTrac, the number of bank repossessions in the Charlotte-Concord-Gastonia region ...Read More »