Laws

AG Cooper goes after Charlotte foreclosure rescue scams

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.

First of its Kind Program Aims to Drastically Reduce North Carolina Foreclosure Actions

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

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.

Company promised to save homes from foreclosure, pocketed money instead

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 […]

Don’t pay for overpriced property deeds, AG Cooper warns

Scheme charges inflated prices for public documents
Raleigh - April 7, 2008 - Attorney General Roy Cooper today reminded North Carolina homeowners not to fall for a scheme that charges inflated prices for certified copies of property deeds that often are available from their county governments for free or for a small fee.

Fresh Start promised homeowners it could stop foreclosure but failed to deliver

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

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.

Attorney General Roy Cooper calls on Congress to strengthen mortgage

“A national law to fight predatory lending is long overdue, but it shouldn’t come at the expense of North Carolina homeowners. If Congress passes this law as currently written, North Carolina consumers will actually be worse off. Congress must allow our state to keep the strongest laws in the country.”

North Carolina Estate Tax Information

G.S. 105-32.2(a) - North Carolina imposes an estate tax on the estate of a decedent when a federal estate tax is imposed on the estate and the decedent was either (1) a resident of North Carolina who owned property in North Carolina or property that has a tax situs in another state or, (2) a […]

Real-estate group gains ground in lobbying against transfer tax

The North Carolina Association of Realtors has spent about $500,000 spreading its message outside the Legislative Building. The investment appears to be working inside the building as legislators work to hash out a budget deal.