By Sam Boykin, staff writer
Published: October 15,2010
Cheryl Littlefield’s ideal home was pulled right out from under her. Located near Revolution Park just west of Uptown Charlotte, the 1,200-square-foot, three-bedroom brick ranch-style home was just what Littlefield was looking for. And priced at $49,000, the foreclosed home was a bargain. “All it needed was carpet, appliances and some very minor repair work,” said [...]
By Sam Boykin, staff writer
Published: October 12,2010
As more of the country’s biggest financial institutions and mortgage lenders are pulled into the ongoing controversy involving questionable foreclosure processes, many predict the situation could have a chilling effect on the country’s already battered economy and real estate market. Some, though, say it could have a bright side. Last week, Charlotte-based Bank of America [...]
By Mecklenburg Times staff reports
Published: October 8,2010
After receiving a letter this week from the North Carolina attorney general asking the company to suspend foreclosures, Charlotte-based Bank of America today said it will stop foreclosure sales in all 50 states. “Bank of America has extended our review of foreclosure documents to all 50 states. We will stop foreclosure sales until our assessment [...]
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