Foreclosures
AG Cooper goes after Charlotte foreclosure rescue scams
October 30, 2008 Posted by North Carolina Real Estate
Firms take struggling homeowners’ money, fail to save their homes
Charlotte, NC - October 30, 2008 - (RealEstateRama) — Attorney General Roy Cooper is taking legal action to stop three Charlotte area foreclosure rescue companies from charging high fees but failing to save consumers’ homes.
NC, 10 other states reach agreement with Countrywide to help nearly 400,000 homeowners facing foreclosure
October 8, 2008 Posted by North Carolina Real Estate
Raleigh, NC - October 8, 2008 - (RealEstateRama) — Mortgage lender Countrywide Financial Corporation has agreed to provide approximately $8 billion in home loan and foreclosure relief to as many as 397,000 homeowners across the country including more than 5,000 in North Carolina, Attorney General Roy Cooper said Monday.
Tips for avoiding foreclosure frauds and scams:
August 20, 2008 Posted by North Carolina Real Estate
• Beware of so-called foreclosure rescue companies that contact you after the foreclosure has been filed in court and promise to help you in exchange for an up-front fee. It’s illegal to charge an up-front fee for foreclosure assistance services in North Carolina.
First of its Kind Program Aims to Drastically Reduce North Carolina Foreclosure Actions
August 19, 2008 Posted by North Carolina Real Estate
Raleigh, NC - August 18, 2008 - (RealEstateRama) — Raleigh - Gov. Mike Easley has signed into law legislation that he expects will reduce home foreclosure filings due to the sub-prime mortgage crisis during the next two years. The governor’s “Emergency Foreclosure Reduction Program” could keep more than 25,000 working families in their homes and […]
Cooper applauds new laws to fight crime, help struggling homeowners
July 29, 2008 Posted by North Carolina Real Estate
Raleigh, NC (RealEstateRama) July 18, 2008 - The General Assembly agreed to major initiatives to fight crime and gangs and help North Carolina homeowners facing foreclosure this session Attorney General Roy Cooper said today.
Durham Launches Campaign to Prevent Home Foreclosures June 26
June 25, 2008 Posted by North Carolina Real Estate
10 a.m. News Conference Immediately Followed by Roundtable Discussion
Durham, N.C. – Tony and Mary Garrett were facing foreclosure and the loss of their home thanks to a high-cost subprime loan. With assistance by a nonprofit counseling agency and early intervention, the loan was modified and the couple’s home was saved.
Company promised to save homes from foreclosure, pocketed money instead
May 10, 2008 Posted by North Carolina Real Estate
Raleigh, NC - May 2, 2008 - A Lenoir County company that targeted distressed homeowners with false offers to help save them from foreclosure has been ordered to stop taking consumers’ money, Attorney General Roy Cooper said today.
“Times are tough and many people are looking for help to save their home,” said Cooper. “We won’t […]
$3 Million National Foreclosure Mitigation Counseling Grant Awarded to N.C. Housing Finance Agency and 20 Counseling Agencies
April 1, 2008 Posted by North Carolina Real Estate
The North Carolina Housing Finance Agency announced today that it has received $3,033,000 of federal funds to support local foreclosure prevention counseling efforts by nonprofit counseling agencies in the state. The much-needed boost will enable 20 housing counseling organizations serving 90 counties to provide more counseling to homeowners in danger of foreclosure.
Fresh Start promised homeowners it could stop foreclosure but failed to deliver
February 9, 2008 Posted by North Carolina Real Estate
February 8, 2008 - Raleigh: A Florida company that took struggling homeowners’ money but did little or nothing to help them fight foreclosure has been ordered to stop, Attorney General Roy Cooper said today.
Hotline to help North Carolinians facing foreclosure
February 4, 2008 Posted by North Carolina Real Estate
HOPE hotline will connect callers with local non-profits to help people keep their homes
Raleigh: Help for North Carolinians who are at risk of losing their homes to foreclosure is now just a telephone call away, Attorney General Roy Cooper and the Office of the Commissioner of Banks announced today.