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Hickory man sentenced in mortgage and consumer fraud conspiracy (access required)

Hickory man sentenced in mortgage and consumer fraud conspiracy <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – A Hickory man was sentenced this week to 30 months in federal prison for his role in a mortgage and consumer fraud scheme involving the sale and financing of manufactured and modular homes throughout North Carolina. Roger Dean ...

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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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