North Carolina Attorney General Roy Cooper has obtained a court order to stop a group of six people and some trusts from filing fraudulent deeds on foreclosed homes for sale in Raleigh, Wake Forest and Apex. The alleged scam is similar to an erroneous-deed problem that has been affecting the Charlotte area. The Mecklenburg Times [...]
RALEIGH — House Republicans today failed to override Democratic Gov. Beverly Perdue’s veto of a bill that would challenge the coming federal requirement that people buy health insurance, as Democrats sent a message of their own to the Legislature’s new GOP majority. Republicans fell four votes shy of the three-fifths majority need to send the [...]
Attorney General Roy Cooper said a company that operated in Charlotte and claimed to rescue homeowners in foreclosure was a scam operation and has been banned from doing business in the state. Copper said today that Wake County Superior Court Judge Lucy Inman last week fulfilled Cooper’s request for a default judgment against Reginald Keith Turner, who did [...]
After three years, North and South Carolina have reached an agreement regarding the use of water in the Catawba-Wateree River Basin. The Bi-State Catawba-Wateree River Basin Advisory Commission, enacted after South Carolina became worried about water supply and sued North Carolina in 2007, agreed to accept a settlement. The agreement between 70 parties in the [...]
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 [...]
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 [...]
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 [...]
An investigation by the North Carolina attorney general into the foreclosure practices of 14 mortgage lenders does not stem from complaints from North Carolina consumers, according to a spokeswoman for the attorney general. On Wednesday, Attorney General Roy Cooper announced that he was launching an investigation into the lenders. In letters sent Tuesday, Cooper also [...]