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Through the mill: Rehabs haven’t been 
easy in the Great Recession (access required)

The former Premiere Manufacturing Knitting Co. plant in Morganton has a new lease on life, since it’s now home to City Hall and residential and commercial properties. About 10 years ago, the 100,000-square-foot Burke County building was a decaying hulk ...

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Feds sue 
mortgage broker, 
alleging 
lending fraud

NEW YORK — The federal government sued one of the nation’s largest privately held mortgage brokers this month, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose ...

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HARP plan not music to industry’s ears (access required)

The Obama administration rolled out revisions to a program last month designed to prevent some homeowners from going into foreclosure. But many question the Home Affordable Refinance Program’s effectiveness and say that it’s too narrow and limited to make an ...

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Rezoning complicates Jack’s Across the Tracks project (access required)

When Rob Nixon and business partner Andy Wilson bought a rundown former church at 1212 Pecan Ave. in Charlotte in March 2007 for $650,000 from Russ-Mar Properties, Nixon said he felt like Christopher Columbus. “I had my flag in the ...

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