North Carolina RealEstateRama

Washington, D.C. - March 15, 2011 - (RealEstateRama) -- U.S. Rep. Brad Miller (D-NC) and more than 50 Members of Congress, including Representatives from most of the hardest hit states, sent a letter today to Edward DeMarco, Acting Director of the Federal Housing Financing Agency (FHFA), calling for Fannie and Freddie to take a leadership role in stemming the current foreclosure crisis. In part, the lawmakers write that FHFA has failed to use its influence to effect crucial changes that would slow the continuing decline of the housing market and maximize return to the taxpayer

GREENSBORO, NC - March 10, 2011 - (RealEstateRama) -- The City of Greensboro has launched a program to assist residential and commercial property owners in making energy efficient upgrades to their homes and businesses. The Early Adopters Program is an element of a $5 million BetterBuildings grant awarded to the City by the Department of Energy

February 9, 2011 - (RealEstateRama) -- Gov. Bev Perdue today announced that $14 million will be distributed to 26 local governments through the Community Development Block Grant Economic Recovery Program (CDBG ER). Each grant will help develop infrastructure, housing or special needs in the community.

GREENSBORO, NC - February 3, 2011 - (RealEstateRama) -- Local, state and national energy and sustainability experts will discuss energy-efficient homes in safe neighborhoods at the 2011 Greensboro Housing Summit. The event is set for Wednesday, February 16, from 8:30 am to 2:30 pm at the Emerald Event Center, 2000 E. Wendover Ave

Raleigh, NC - January 26, 2011 - (RealEstateRama) -- A California foreclosure assistance company is the latest outfit to be banned from offering loan modification and foreclosure assistance services in North Carolina, Attorney General Roy Cooper said today.

CHARLOTTE, N.C. - January 24, 2011 - (RealEstateRama) -- Duke Energy has reached a settlement with the Wyoming Department of Revenue on the company’s 2010 property tax valuation appeal.

RALEIGH, NC - January 17, 2011 - (RealEstateRama) -- North Carolina broke the state foreclosure filing record in 2010. And according to an analysis released today by the NC Justice Center, approximately one in every 63 housing units in North Carolina faced foreclosure filings last year

Torrance, CA - January 13, 2011 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) advanced its bank NPL/REO acquisition program by closing four transactions on Dec. 30, 2010, bringing its total 2010 residential land acquisitions to more than 12,000 acres and over 7,500 home sites nationally. Notes and equity purchases were closed with over 20 different selling banks, amounting to an unpaid principal balance in excess of $600 million. With these latest acquisitions, MREC now owns and manages more than 200 projects with over 10,000 lots and 7,400 acres of land across the U.S

WASHINGTON, DC - January 10, 2011 - (RealEstateRama) -- The Justice Department announced today that it has settled its suit against the town of Garner, N.C., and the town’s Board of Adjustment alleging that they violated the Fair Housing Act when refused to allow up to eight men recovering from drug and alcohol addictions to live together as a reasonable accommodation.

Raleigh, NC - January 10, 2011 - (RealEstateRama) -- A so-called foreclosure rescue company that previously operated in Charlotte and Colfax, NC and its owner are banned from ever doing foreclosure assistance work in North Carolina, Attorney General Roy Cooper announced today.

GREENSBORO, NC - December 29, 2010 - (RealEstateRama) -- Greensboro residents can start off the New Year by helping to build North Carolina’s Mountains-to-Sea Trail in Guilford and Alamance counties as participants in a two-part workshop on January 8 and March 5.

Raleigh, NC - December 28, 2010 - (RealEstateRama) -- A Virginia man and his company are barred from rigging bids on public auctions and must pay civil penalties and consumer refunds for trying to fix foreclosure sales of properties in Durham and Mecklenburg counties, Attorney General Roy Cooper announced today.

GREENVILLE, NC - December 22, 2010 - (RealEstateRama) -- The United States Attorney Office announced that in federal court yesterday three defendants were sentenced in a mortgage fraud conspiracy. The fourth man involved in the conspiracy, BRIAN KEITH CAUSEY, was sentenced today. Senior United States District Judge Malcolm J. Howard sentenced CAUSEY, 37, of Wilmington, North Carolina to 18 months' imprisonment followed by three years' supervised release

Signifying positive momentum in the Charlotte housing market, Crescent Resources, LLC announced that Standard Pacific Homes plans to purchase 33 homesites in Chapel Cove. Standard Pacific has acquired five homesites and is committed to purchasing an additional 28 homesites. This will establish a new section within the existing community

GREENSBORO, NC - December 9, 2010 - (RealEstateRama) -- Greensboro residents and contractors have a new business ally with the formation of the City’s Development Services Center, at 300 W. Washington St. Celebrating its grand opening January 3, the office makes the building permit and planning process more efficient by offering customers’ convenient access to City representatives and technology involved in reviewing submissions