More Americans to buy homes with 3 percent down
WASHINGTON — Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the […]
Buying back in: Fannie Mae, Freddie Mac modify REO sales policy
In what may prove to be a controversial move, the Federal Housing Financing Agency has directed Fannie Mae and Freddie Mac to alter their policies on the sale of some […]
Judge dismisses Coakley federal housing lawsuit
BOSTON — A federal judge has dismissed a lawsuit filed by Attorney General Martha Coakley against the Federal Housing Finance Agency and mortgage giants Fannie Mae and Freddie Mac, saying […]
Goldman in deal worth $1.2B over US bond claims
WASHINGTON — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities […]
Watt to headline mortgage conference
Federal Housing Finance Agency Director and former Charlotte area U.S. Rep. Mel Watt will be a featured panelist at the 2014 American Mortgage Conference in Raleigh from Sept. 8-10 at […]
Massachusetts sues federal agency over housing law
BOSTON — Attorney General Martha Coakley has sued the Federal Housing Finance Agency and mortgage giants Fannie Mae and Freddie Mac for refusing to comply with a state law designed […]
Funding sought for affordable housing projects
A third of the nation’s U.S. senators have sent a letter to Mel Watt, the new head of the Federal Housing Finance Agency and a former U.S. congressman from Charlotte, […]
Special election set after Watt’s resignation
CHARLOTTE — Gov. Pat McCrory has decided to hold a special election to fill Democratic U.S. Rep. Mel Watt‘s seat when the primary and general elections are held in 2014. […]
Mel Watt sworn in as housing regulator
WASHINGTON — North Carolina Rep. Mel Watt has been sworn in to lead the Federal Housing Finance Agency. Vice President Joe Biden presided over a ceremonial swearing-in on Monday on the White House […]
Annual housing production rate tops 1 million
Strong increases in both single-family and multifamily starts raised our nationwide housing production 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released […]
Is Web traffic a good bot, or a bad bot?
The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking […]
Decision time on NC Rep. Watt’s confirmation nears
RALEIGH — Civil rights groups and other organizations are trying to help North Carolina U.S. Rep. Mel Watt get confirmed as the government’s chief regulator of mortgage lenders Fannie Mae and Freddie Mac. […]
Latest News
- Rail Trail Bridge to Connect Uptown to South End over I-277 work begins
- Construction employment rises in 32 states and D.C. with North Carolina adding 13,600 jobs
- ATTOM reports home purchase loans at 12-year low amid rising mortgage rates
- NCDOT unveils six design concepts to reconnect I-77 South corridor in Charlotte
- ATTOM report finds home prices grew in nearly half of opportunity zones
- Foundry Commercial Brings Uptown Charlotte Site to Market
- Construction Employment Rises By 9,000 In April As Nonresidential Hiring Offsets Residential Declines And Average Hourly Pay Rises To $38.73
- Foreclosure activity rises 18 percent annually with Delaware and South Carolina hardest hit
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Features
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- 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
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