US judge slaps $1.3B fine on Bank of America
NEW YORK — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie […]
Let the sunshine in: Habitat Charlotte installing nine solar energy systems
CHARLOTTE – Habitat Charlotte is trying out the solar system. The city’s chapter of Habitat for Humanity International announced it is installing solar energy systems on nine of its affordable […]
Grandmother receives a free home in Charlotte
Patricia Shines thought she was buying her home through a veteran’s homebuying program. Instead, she received the four-bedroom, two-bath, 1,660-square-foot house mortgage-free courtesy of the Nehemiah Community Reinvestment Fund and […]
Monitor: Big banks satisfy mortgage settlement
WASHINGTON — The nation’s four biggest banks slashed billions of dollars from mortgages and other debts, enough to satisfy their obligations under a national mortgage settlement that stemmed from so-called […]
BofA recovery still hounded by Countrywide buy
DEAR MR. BERKO: In 2008, you recommended Bank of America‘s 7.25 percent convertible preferred stock at $720 a share. It yielded 10 percent, and you said it was a safe […]
Mortgage changes debut
Come Jan. 10, it may become more difficult for homeowners to obtain a mortgage. That’s when a host of new rules come into effect. Most notable among the changes for […]
Wilmington man insists his mortgage was forgiven
Daniel Bailey Jr. hasn’t paid his mortgage in five years and the Wilmington resident isn’t about to start now. That’s because Bailey says he struck a special agreement with Countrywide […]
Bank of America to pay Freddie Mac $404 million
CHARLOTTE — Bank of America will pay $404 million to mortgage buyer Freddie Mac to settle all remaining claims over home loans sold in the previous decade. The Charlotte, N.C., […]
Bank of America to cut 3,000 mortgage jobs
Bank of America will cut roughly 3,000 jobs by the end of the year as the number of refinancing applications and troubled loans has fallen. It is part of larger […]
Buildings spring up in The Park: Huntersville mixed use center revived following recession
Rooftops+Recovery+Recent Hospital Expansion=Commercial Real Estate Revival. That appears to be formula at work in The Park-Huntersville – and its joined-at-the hip spin-off, the Gilead Center – where seven new construction projects are underway or in the pipeline.
Panelists outline challenges, opportunities for women in business
While the federal government shutdown is not having a direct impact on Charlotte businesses, it is creating uncertainty in the business community, according to panelists at The Mecklenburg Times Women’s Business Breakfast Forum. “With the shutdown and debate about the debt ceiling, people are waiting to make decisions,” said Natalie Haskins English, senior vice president of public policy for[...]
Government shutdown: Impact small so far on Charlotte housing, banking
It might be roiling Washington, D.C. and its suburbs, but, so far, the government shutdown is having little effect on Charlotte’s real estate and banking markets.
Latest News
- Fairfield completes 307-home Cavella community in Charlotte’s North Tryon
- Construction Spending Falls 3.2 Percent Annually In June; Contractors Urge Officials To Avoid Policies That Could Further Weaken Demand
- Study Finds Renters are Prioritizing Trust Over Price
- Homes Now Sell Below List Price in 41 of 50 Major U.S. Metros
- Construction Employment Increases In 33 States And D.C. From June 2025 To June 2026
- Why Your Building’s Address Was Never Meant to Be Its Identity
- Schubert North America opens new 45,000-square-foot headquarters in Charlotte
- CBRE Completes $15.5M Sale of AMREP Manufacturing & IOS Facility in Salisbury
- Foreclosure activity rises 21 percent nationally with North Carolina up 47 percent
- AGC Urges Congress To Pass New Highway And Transit Bill By September As Construction Spending Declines 1.5 Percent
- Home Renovation Trends and Forecast 2026
- Omakase Experience by PrimeFish Reveals Renovation Plans
Features
- CBRE Adds Veteran Office and Healthcare Leasing Professional Grant Keyes to Charlotte Team
- Thomas & Hutton Announces Ryo Yamamoto’s Professional Engineer Licensure in North Carolina
- Thomas & Hutton Grows Charlotte Team With Two New Project Engineers
- City of Charlotte Introduces New Deputy City Manager and New Director of Housing & Neighborhood Services
- JLL strengthens Charlotte capabilities with top Agency Leasing team hire from Foundry Commercial
- Thomas & Hutton Grows Charlotte Team With Two New Team Members
- Nick Schirato Joins Thomas & Hutton As An Environmental Designer In Charlotte
- Foundry Taps Alex Olofson to Lead Capital Markets Growth in Charlotte
- Tony Lathrop Strengthens Parker Poe’s Infrastructure, Transportation & Public Policy Services
- MVA Expands Economic Development & Incentives Group, Appoints Beth Buckner as Head
- Thomas & Hutton Announces Kaylee Neal’s Professional Engineer Licensure In North Carolina
- Thomas & Hutton Announces Sixth-Generation Leadership Transition as Firm Enters 80th Year
