Home / News / Banking and Finance (page 16)

Banking and Finance

Bank Bailout: CommunityOne takes control of failed subdivision site from Gaston commissioner (access required)

Joe Carpenter made his living cutting grass with his own landscaping business. This month, the 75-year-old Gaston County Commissioner is just cutting his losses. Instead of foreclosing, CommunityOne Bank accepted land from Carpenter meant for two failed subdivisions: Kings Pinnacle ...

Read More »

Meck foreclosure filings down 29 percent (access required)

The number of foreclosure filings in Mecklenburg County declined 29 percent in August compared with a year ago, according to the North Carolina Administrative Office of the Courts. There were 729 foreclosure filings in August, down from 1,033 in August ...

Read More »

foreclosed on (access required)

RBC Bank has foreclosed on the SciVolutions industrial building at 2260 Raeford Court in Gastonia. When the company opened in 2005, it purchased the 24,450-square-foot building for $1.15 million. Scivolutions manufactured bandages. Prior to 2005, the building was home to ...

Read More »