News
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.
Housing North Carolina Awards Recognize Excellent Developments
October 23, 2008 Posted by North Carolina Real Estate
Raleigh, NC - October 24, 2008 - (RealEstateRama) — Four affordable housing developments will receive Housing North Carolina Awards on Oct. 16 during the N.C. Affordable Housing Conference at the Durham Marriott at the Civic Center in Durham. Sponsored by the N.C. Housing Finance Agency, the awards recognize excellent affordable properties that can serve as […]
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.
1000th Energy-Efficient Affordable Home Built Using SystemVision
September 23, 2008 Posted by North Carolina Real Estate
Raleigh, NC - September 18, 2008 - (RealEstateRama) — Speaker Joe Hackney will address an event at 10 a.m. on Monday, Sept. 22, commemorating the 1000th SystemVision home financed by the North Carolina Housing Finance Agency. The milestone occurred with the completion of a Chatham Habitat for Humanity home. The Agency partners with Raleigh-based Advanced […]
Single-Family Rehabilitation (SFR) Program
September 4, 2008 Posted by North Carolina Real Estate
Raleigh, NC - September 4, 2008 - (RealEstateRama) — Funding is now available to local organizations under the newly-redesigned Single-Family Rehabilitation Program (SFR), which is funded through the federal HOME Investment Partnership Program (HOME).
HUD Secretary and Mayor McCrory announce $10 million loan guarantee to Charlotte
August 26, 2008 Posted by North Carolina Real Estate
WASHINGTON - August 25, 2008 - (RealEstateRama) — U.S. Department of Housing and Urban Development Secretary Steve Preston today announced that he is approving a $10 million loan guarantee to the City of Charlotte to purchase 70 acres in the Double Oaks neighborhood. This purchase will complete the site assembly of 98 acres in preparation […]
State to Gain $263 Million in Affordable Apartments
August 23, 2008 Posted by North Carolina Real Estate
Raleigh, NC - August 23, 2008 - (RealEstateRama) — North Carolina will gain $263 million in affordable rental apartments as the result of federal tax credits approved last week by the Tax Reform Allocation Committee and loans from the North Carolina Housing Finance Agency.
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 […]
NCAR Leaders Explain Assessment, Dues Increase
July 29, 2008 Posted by North Carolina Real Estate
The decision by the NC Association of REALTORS® Board of Directors on June 10, 2008, to approve a one-time assessment on all members was the culmination of months of consideration and debate, says 2008 President Wendell Bullard.
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.