The Consumer Financial Protection Bureau has proposed a delay for the new Truth in Lending Act and Real Estate Settlement Procedures Act integration rule that will affect disclosure requirements and closing processes. The CFPB has proposed that the new rule ...Read More »
ROCK HILL — The city could break ground on the first phase of its Knowledge Park redevelopment project as early as the end of the year, now that it’s put to rest a revised finance agreement with York County. Knowledge ...Read More »
The N.C. House of Representatives has passed a bill reducing the tax residential builders owe on unsold inventory. House Bill 168 bill is now in the Senate for consideration. The bill seeks to exempt from tax a property’s increased value ...Read More »
WASHINGTON — More Americans bought homes in May, a sign of economic strength that is pushing up average prices. The National Association of Realtors said Monday that sales of existing homes climbed 5.1 percent last month to a seasonally adjusted ...Read More »
The Charlotte region and North Carolina followed last month’s national trend of an increased number of homes reverting to bank ownership, the result of a foreclosure backlog wending its way through the regulatory system. According to RealtyTrac, the number of ...
Tagged with: repossessedRead More »
Local officials have heard N.C. Sen. Jeff Tarte’s rallying cry for support of state legislation that would jettison the state Department of Transportation’s contract with a Spanish company to build a toll road on Interstate 77. Tarte, a Republican representing ...
Tagged with: I-77 toll lanesRead More »