Archives

December 1, 2010 - (RealEstateRama) -- Beginning today, financial help is available for North Carolina homeowners who are struggling to pay their mortgages because they’ve lost their jobs or experienced other temporary hardships.The N.C. Housing Finance Agency announced today that its new N.C. Foreclosure Prevention Fund is now available statewide through participating HUD-approved counseling agencies. The new program is financed by the U.S. Department of the Treasury’s “Hardest Hit Fund.”

RALEIGH, NC - November 8, 2010 - (RealEstateRama) -- North Carolina will break last year’s foreclosure filing record later this month, according to a data analysis released today by the NC Justice Center.

October 19, 2010 - (RealEstateRama) --Please note that the assistance described in this press release will be available statewide in December. If you are not in a pilot county and you have lost your job and are having problems paying your mortgage, the state’s Home Protection Program may be able to help you. Participating local agencies will help determine if you are eligible, help you apply, and can also help you choose the best course of action if you are not eligible.

October 13, 2010 - (RealEstateRama) -- Raleigh: Attorney General Roy Cooper’s Consumer Protection Division is reviewing the top 15 mortgage companies’ foreclosure processes to make sure they are fair and legal as part of an ongoing investigation.

Raleigh, NC - October 6, 2010 - (RealEstateRama) -- Attorney General Roy Cooper’s Consumer Protection Division has expanded its investigation into questionable foreclosure tactics to include 14 more mortgage lenders

Raleigh, NC - September 30, 2010 - (RealEstateRama) -- North Carolina homeowners, especially those struggling with financial problems, will have more protection from schemes that can lead to problems like foreclosure starting Friday, Attorney General Roy Cooper said today.

Raleigh, NC - September 28, 2010 - (RealEstateRama) -- Attorney General Roy Cooper’s Consumer Protection Division has launched an investigation into questionable tactics during foreclosures by Ally Financial and its subsidiary, GMAC Mortgage.

Westfield, NJ - September 13, 2010 - (RealEstateRama) -- A major residential development site in Raleigh, N.C., with approval for 126 condominium units will be on the auction block on Wednesday, Oct. 13.

WASHINGTON, DC - September 10, 2010 - (RealEstateRama) -- A Raleigh, N.C., real estate speculator pleaded guilty to conspiring to rig bids for public real estate foreclosure auctions held in multiple counties in eastern North Carolina, the Department of Justice announced today.

RALEIGH, NC - August 13, 2010 - (RealEstateRama) -- If average foreclosure rates for the year stay constant, North Carolina will reach a record of 70,000-plus filings for 2010, according to court data.

Raleigh, NC - August 4, 2010 - (RealEstateRama) -- The North Carolina Housing Finance Agency announced today that the U.S. Treasury Department has approved the Agency’s plan to use $159 million of federal Hardest Hit Program funds to help North Carolinians who have suffered job loss or other financial hardships to save their homes from foreclosure.

Raleigh, NC - June 18, 2010 - (RealEstateRama) -- A Charlotte foreclosure rescue operation, which previously operated in Colfax, NC, is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced Friday.

RALEIGH, NC - May 24, 2010 - (RealEstateRama) -- Homeowners struggling with the worst economic crisis since the Great Depression shouldn't have to worry about scams designed to rob them of hard earned equity in their home or put them in costly contracts that promise but do not deliver homeownership.

Raleigh, NC - December 5, 2009 - (RealEstateRama) -- A Kannapolis foreclosure rescue operation is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced Friday.

Raleigh, NC - October 26, 2009 - (RealEstateRama) -- Foreclosure prevention efforts that have helped more than 1,100 North Carolinians save their homes got a boost earlier this month when the North Carolina Housing Finance Agency was awarded an additional $895,350 of federal funds from the National Foreclosure Mitigation Counseling Program.