PHOENIX — The Obama administration’s top housing official touted the government’s efforts to stabilize neighborhoods hard hit by foreclosures during a visit to a Phoenix neighborhood Thursday. U.S. Housing and Urban Development Secretary Shaun Donovan visited two homes bought out ...Read More »
Government and Politics
Commercial real estate brokers who took a haircut on commissions used to have the courts as the only option to get the money they were owed. But in June, North Carolina became the 29th state to enact a commercial broker ...
Tagged with: Bev Perdue Coman & Anderson Darrell McCormick James Hochman John Nichols Josh Beaver Julie Woodson Leo Daughtry North Carolina Association of Realtors Pryor Gibson Stephanie Walker The Nichols Group Tom MurryRead More »
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 »
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percent withholding from all checks paid to contractors for construction projects from the federal government has been repealed.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 »