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Leveraged landlording (access required)

Leveraged landlording <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Wall Street is at it again, slicing and dicing securities, hoping to sell pieces of the pie to investors hungry for better returns. But instead of offering investors bonds backed by mortgages, private equity firms are looking at new financial ...

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Loan program’s payment resets may lead to foreclosures (access required)

Loan program’s payment resets may lead to foreclosures <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Some homeowners who got a lifeline from the federal government through a loan modification program are about to get a rude awakening as interest rates on the loans – and the payments – start to rise this year. Most payments ...

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Mortgage brokers accused of false statements (access required)

Mortgage brokers accused of false statements <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Two mortgage brokers are being sued by the U.S. Attorney’s Office for making fraudulent statements in order to obtain loans used in speculative real estate deals in Charlotte during the heady days before the housing crash. Joshua Hankins of Charlotte ...

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Dismissal of Duke-Crescent lawsuit ends one chapter of Charlotte’s economic history (access required)

Dismissal of Duke-Crescent lawsuit ends one chapter of Charlotte’s economic history <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

A murky, internecine lawsuit over $1.2 billion involving two formerly synonymous giants of economic development in Charlotte has ended in what appears to be an equally shadowy draw. But the documents filed Tuesday in a Texas court dismissing a 2010 ...

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Mortgage changes debut (access required)

Mortgage changes debut <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Come Jan. 10, it may become more difficult for homeowners to obtain a mortgage. That’s when a host of new rules come into effect. Most notable among the changes for borrowers will be the ability-to-repay and qualified mortgage rules that ...

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North Carolina homeowners eligible for mortgage assistance under settlement (access required)

North Carolina homeowners eligible for mortgage assistance under settlement <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

RALEIGH – Some North Carolina homeowners will receive a share of a $2. 1 billion national settlement brought against subprime mortgage loan servicer Ocwen Financial Corp., Attorney General Roy Cooper announced recently. An estimated $26 million in funds will help ...

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A capital idea: SEC changes may make it easier to crowdfund real estate (access required)

A capital idea: SEC changes may make it easier to crowdfund real estate <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Crowdfunding has been used to finance independent films, support aspiring novelists and musicians and launch small businesses. Now new rules under review by the Securities and Exchange Commission may shake up the real estate market by making it easier for ...

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Middle class morass (access required)

Middle class morass <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

While the Charlotte real estate market remains affordable relative to many other U.S. markets, there is growing evidence that many middle class, professional families cannot afford to buy a home.

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