In June, a new state law went into effect to stop unlicensed contractors from skirting the system. The goal is to crack down on contractors who solicit a property owner to apply for a permit for work they will do ...Read More »
Government and Politics
WASHINGTON — The government regulator of Fannie Mae and Freddie Mac said Thursday that million-dollar bonuses paid to executives at the companies were necessary to keep the mortgage giants running. Edward DeMarco, the acting director of the Federal Housing Finance ...Read More »
The Midtown, Morehead and Cherry Area Plan is expected to be voted on by the Charlotte-Mecklenburg Planning Commission’s planning committee today. The plan encompasses approximately 455 acres bounded by South Tryon Street and the John Belk Freeway to the north, ...
Tagged with: Charlotte-Mecklenburg Planning CommissionRead More »
With all of the controversy over union labor and the 2012 Democratic National Convention, a group is offering free legal aid for nonunion workers who are forced from jobs during the convention next fall. The Springfield, Va.-based National Right to ...Read More »
A new tax law that would require 3 percent withholding from all checks paid to contractors for construction projects from the federal government has been repealed. The statute, set to start in January, was voted down 95-0 in the U.S. ...Read More »
If low-income people in Cabarrus County want to weatherize their homes for the winter, many will have to pay for it without government help. Cabarrus County commissioners have rejected $75,000 in federal funds to weatherize homes and lower power bills. ...Read More »
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 ...Read More »
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 ...Read More »
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 ...
Tagged with: Bruce Marks Charlotte Regional Mortgage Lenders Association Fannie Mae Federal Housing Finance Agency Freddie Mac Home Affordable Refinance Program John Connaughton Kip Byrne Neighborhood Assistance Corporation of America Republic Mortgage Insurance Co. U.S. Department of Housing and Urban DevelopmentRead More »
The Mecklenburg County Code Enforcement Department is offering a 2012 North Carolina Building Code Update class from 8 a.m. to 4 p.m. Dec. 19 at the Hal Marshall Center, 700 N. Tryon St., Charlotte. The cost is $75. Jeff Vernon, ...Read More »