Cash payments of nearly $2 million are on the way to approximately 1,400 North Carolina mortgage borrowers who were wrongly foreclosed on by SunTrust, Attorney General Roy Cooper said Friday.
Raleigh: A mortgage broker that took money upfront to refinance mortgages but failed to deliver is permanently banned from the business and under court order to pay refunds and penalties, Attorney General Roy Cooper announced today
While National Homeownership Month in June usually focuses on the many benefits of buying and owning a home, it is also a good time to remind homeowners facing the devastating prospect of foreclosure that help is available in North Carolina.
New housing starts, despite an up-and down-market in recent months, are at their highest levels since the beginning of the Great Recession in 2008 while interest rates remain near all-time lows. Even better, North Carolina has resources to make home ownership attainable for moderate- and lower-income buyers.
Raleigh: More than 2,200 North Carolinians who lost their homes to foreclosure by SunTrust are eligible for direct cash payments totaling approximately $2 million but must file to claim their money by June 4, Attorney General Roy Cooper reminded consumers today
A statewide foreclosure prevention effort has helped 15,000 North Carolinians who lost jobs start the New Year in their own homes. The N.C. Foreclosure Prevention Fund makes mortgage payments for qualified unemployed workers, including returning veterans, while they look for jobs or complete job training. Funding is still available to help another 6,000 homeowners
Johnston-Lee-Harnett Community Action, Inc. Offers Mortgage Payment Help for Unemployed Workers, Returning Veterans
A program that is helping more than 14,500 North Carolina homeowners keep their homes is available in our area through Johnston-Lee-Harnett Community Action, Inc. The Smithfield counseling agency has joined 40 counseling organizations statewide in offering the N.C. Foreclosure Prevention Fund, a mortgage assistance program offered through the N.C. Housing Finance Agency using funds from U.S. Treasury.
Washington, DC - July 16, 2013 - (RealEstateRama) -- U.S. Senator Kay Hagan is introducing bipartisan legislation with eight of her Senate Banking Committee colleagues to modernize and reform the country's broken housing finance system. The Housing Finance Reform and Taxpayer Protection Act winds down Fannie Mae and Freddie Mac-two government sponsored enterprises that have been in conservatorship for almost five years - and replaces them with a system that preserves liquidity in the mortgage market and protects taxpayers from future economic downturns.
WASHINGTON, D.C. - June 5, 2013 - (RealEstateRama) -- Raleigh: More than 21,000 North Carolinians will get checks this month totaling $30.6 million as part of a landmark agreement reached last year with the nation’s five largest mortgage servicers, Attorney General Roy Cooper said Tuesday.
WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Unemployed workers and others facing temporary financial hardships in our area have a new avenue to seek mortgage help while they get back on their feet.
Washington, DC - February 15, 2013 - (RealEstateRama) -- U.S. Senators Kay Hagan (D-NC), Mary Landrieu (D-LA) and Johnny Isakson (R-GA) this week sent a bipartisan letter to banking regulators and housing officials urging them to act quickly to revise the Qualified Residential Mortgage (QRM) rule. Action on the rule is needed to ensure that responsible borrowers are not denied the opportunity to purchase a home under reasonable terms
AG seeks to shut down loan modification scams, win consumer refunds September 25, 2012 - (RealEstateRama) -- Raleigh: Three North Carolina companies that claim to help...
CHARLOTTE, NC - September 24, 2012 - (RealEstateRama) -- Nine defendants have been charged in the latest takedown in the Operation Wax House mortgage fraud investigation in the Western District of North Carolina, announced U.S. Attorney Anne M. Tompkins.
Anchorage, AK - June 25, 2012 - (RealEstateRama) -- Attorney General Roy Cooper and Assistant Attorney General Phil Lehman received national awards last week for their work negotiating a landmark settlement that helped lower mortgage payments for struggling homeowners, set new rules to prevent improper foreclosures, and provided an economic boost to North Carolina.
CHARLOTTE, NC - November 9, 2011 - (RealEstateRama) -- Average mortgage rates continued to fall according to the LendingTree Weekly Mortgage Rate Pulse, which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network.