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Contract workers have tough time getting loans (access required)

By Scott Baughman
Published: November 22,2011

Lexie Longstreet had what appeared to be the perfect homebuyer. The woman had a credit score of 800 and had saved enough for a 20 percent down payment on a condo in Plaza Midwood, an up-and-coming Charlotte neighborhood. The homebuyer had also just gotten a promotion. But that move up the corporate ladder at one [...]


New American Mortgage, Paramount Lending merge

By Mecklenburg Times staff reports
Published: March 17,2011

Charlotte-based mortgage companies New American Mortgage and Paramount Lending have merged under the name New American Mortgage, the companies announced today. The merger will combine New American’s 280 employees nationwide with Paramount’s 20 employees, for a total of 300. Company officials say they plan to hire up to 30 employees by year’s end and another 150 over [...]