Mortgage
Financial Services Company to Create 1,002 Jobs in Charlotte
December 23, 2009 Posted by North Carolina RealEstateRama
RALEIGH, NC - December 22, 2009 - (RealEstateRama) — Gov. Bev Perdue announced today that Zenta Mortgage Services will expand its Charlotte presence significantly, creating 1,002 jobs over the next five years and investing $2.19 million.
Two Defendants in Home Mortgage Fraud Scheme Sentenced
October 15, 2009 Posted by North Carolina RealEstateRama
RALEIGH, NC - October 13, 2009 - (RealEstateRama) — United States Attorney George E.B. Holding announced that in federal court on October 5, 2009, United States District Judge W. Earl Britt sentenced CINDY TILLEY GREER, 51, of Clarendon, North Carolina, to 36 months’ imprisonment followed by three years of supervised release and on October 6, 2009, STANLEY GARFIELD WILLIAMS, JR., 38, of Bolivia, North Carolina, received 70 months’ imprisonment followed by five years supervised release. Also GREER was imposed a fine of $6,000.
Beazer Homes U.S.A., Inc. Reaches $50,000,000 Settlement of Mortgage and Accounting Fraud with United States
July 2, 2009 Posted by North Carolina RealEstateRama
CHARLOTTE, NC - July 1, 2009 - (RealEstateRama) — A federal bill of information and a deferred prosecution agreement relating to Beazer Homes USA, Inc. were filed today in U.S. District Court for the Western District of North Carolina. The criminal charges and accompanying agreement relate to Beazer’s participation in a fraudulent scheme designed to increase Beazer Mortgage’s profit margin and sell Beazer homes, as well as an accounting fraud scheme designed to “smooth earnings.”
Gov. Perdue Announces State Home Foreclosure Prevention Project Prevents More Than 1,000 Foreclosures in NC
June 16, 2009 Posted by North Carolina RealEstateRama
Raleigh, NC - June 16, 2009 - (RealEstateRama) - Governor Bev Perdue and the N.C. Office of the Commissioner of Banks (“NCCOB”) today announced that the State Home Foreclosure Prevention Project (“NC Foreclosure Project”) has helped more than 1,000 North Carolina homeowners avoid foreclosure since the program’s inception in November 2008.
First of its Kind Program Aims to Drastically Reduce North Carolina Foreclosure Actions
August 19, 2008 Posted by North Carolina RealEstateRama
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 […]
Company promised to save homes from foreclosure, pocketed money instead
May 10, 2008 Posted by North Carolina RealEstateRama
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 […]
Attorney General Roy Cooper calls on Congress to strengthen mortgage
December 3, 2007 Posted by North Carolina RealEstateRama
“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.”
Waterstone Capital Advisors Pays Over $1 Million to Defeasance Clients
October 31, 2007 Posted by North Carolina RealEstateRama
CHARLOTTE, N.C., Oct. 31 /PRNewswire/ — Waterstone Capital Advisors, LLC an established defeasance consulting firm, has just announced their financial product, whereby commercial real estate borrowers can receive a present value cash payment for their share of the residual float from a CMBS loan at the closing of a defeasance transaction.
