Yearly Archives: 2011

Butterfield to Host Mortgage Foreclosure Prevention Forum

Greenville, N.C. - March 16, 2011 - (RealEstateRama) -- Congressman G. K. Butterfield will hold a forum on mortgage foreclosure prevention on Tuesday, March 22. "There are tens of thousands of responsible American homeowners holding on to their homes by a thread,” Butterfield said. “And while there is some help available, many people do not know about it. This forum provides the opportunity to learn what you can do to help protect your home and family.”

House Members Demand Fannie, Freddie Strengthen Response to Foreclosure Crisis

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

City Offers Energy Efficiency Program for Property Owners

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

Coastal Carolina properties seamlessly integrated onto IDX-enabled website of Tom Shoaf and Associates

EUGENE, OR - February 17, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Tom Shoaf of Tom Shoaf and Associates has adopted his own customized IDX solution for his professional real estate website. As a Wilmington, North Carolina Realtor, Shoaf now hosts a website that reflects his dedication to customer service and matching clients with properties. Brunswick County MLS (BRWC) listings are now displayed effortlessly on Shoaf's website, thanks to the IDX solution he has enabled.

North Carolina real estate group adopts innovative IDX Broker software to create dynamic online...

EUGENE, OR - February 16, 2011 - (RealEstateRama) -- North Carolina property listings are now easier than ever to search for, with the addition of an IDX solution to the professional website of Realtor Dan Jenkins. Thanks to IDX, Inc., IDX Broker software now supports the innovative search page Jenkins hosts online. With so many Greenville, North Carolina properties available through the Greenville Pitt MLS (GPMLS), the IDX solution Jenkins hosts dramatically simplifies and narrows the online home search experience for area home seekers

Mountain Real Estate Capital Acquires and Restructures Note on 270-Acre Master Plan

Torrance, CA - February 15, 2011 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) recently closed another acquisition: a $20 million note held by CommunityOne Bank of Asheboro, N.C., which is secured by the Kellswater Bridge community in Kannapolis, N.C. MREC also worked with the current developer to restructure the debt and allow for a smooth transition of ownership. MREC will team with Raleigh-based LStar Land as its co-developer of the project. MREC and LStar plan to reposition sections of the project and accelerate development and sales to qualified national and local homebuilders.

North Carolina Office of the Commissioner of Banks Receives Certificate of Mortgage Accreditation

Washington, D.C. - February 10, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announced that the North Carolina Office of the Commissioner of Banks (NCCOB), Mortgage Division, has received a certificate of accreditation for mortgage supervision, certifying that the NCCOB maintains the standards and practices in state mortgage supervision set by the CSBS and AARMR Accreditation Program. North Carolina is the eighth state to receive accreditation for mortgage supervision.

Gov. Perdue Announces $14 Million in Grants to 26 Local Governments

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 Housing Summit Set for February 16

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

Foreclosure assistance scheme banned from NC, announces AG Cooper

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.

Duke Energy Resolves Wyoming Wind Farms Property Tax Appeal

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.

Justice Center analysis: About 1 in 63 housing units in North Carolina were in...

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

Mountain Real Estate Capital Closes 2010 With Four Note Acquisitions in December

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

Justice Department Settles Fair Housing Lawsuit Against Town of Garner, North Carolina

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.

Phony foreclosure rescue outfit banned from reopening in NC

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.


How One Agent Is Surviving In Today’s Market

Raleigh, NC - May 23, 2011 - (RealEstateRama) -- For the 3rd consecutive year in a row Rupert Bryan has not only won all the top awards in the Coldwell Banker Falls Office, but he is also ranked as one of the Top Agents in the Triangle (#18 Triangle Business Journal Residential Realtor)


Public input opportunities for Project Grace proposal

New Hanover County will host two public meetings to share information about Project Grace and the redevelopment proposal that was submitted by Zimmer Development Company.