Archives
Expected to Help 21,000 Struggling North Carolina Homeowners
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.
Cooper wants foreclosures done right
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.
Durham Seeks Grant Applicants for Retail and Building Improvements
DURHAM, N.C. - October 12, 2010 - (RealEstateRama) -- Durham businesses interested in creating or expanding a business in downtown Durham or targeted areas inside the city limits should take note that a second round for two grant opportunities is now available through the City of Durham.
House Passes Miller Bill Calling for Inclusion of Homebuilders in Small Business Capital Programs
Washington, D.C. - October 11, 2010 - (RealEstateRama) -- Reps. Brad Miller (NC-13), David Price (NC-4), Larry Kissell (NC-8) and Joe Baca (CA-43) introduced H.R.6191, a billthat would modify the Small Business Jobs and Credit Act of 2010 to allow healthy lending institutions to extend credit for residential construction and land development to U.S. homebuilders.
AG Cooper wants answers on NC foreclosures
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
New law to protect homeowners, homebuyers starts Friday
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.
AG Cooper questions GMAC Mortgage’s foreclosure actions
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.
North Carolina Real Estate Speculator Pleads Guilty to Bid Rigging in Real Estate Foreclosure...
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.
State to Gain $229 Million in Affordable Apartments
Raleigh, NC - August 17, 2010 - (RealEstateRama) -- North Carolina will gain $229 million in affordable rental apartments as the result of federal tax credits approved this week by the Tax Reform Allocation Committee and loans from the North Carolina Housing Finance Agency.
North Carolina on pace for record foreclosures in 2010
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.
Miller, Ellison Introduce Bill to Address Conflict of Interest in Mortgage Companies
Washington, D.C. - August 16, 2010 - (RealEstateRama) -- Just moments before the House adjourned last week, Reps. Brad Miller (D-NC) and Keith Ellison (D-MN),
U.S. Treasury Approves North Carolina’s Plan to Help Unemployed Avoid Foreclosure
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.
Mortgage lender to pay $4.5 million to settle housing allegations
Raleigh, NC - August 2, 2010 - (RealEstateRama) -- A mortgage lender will pay $4.5 million for its role in a scheme to sign consumers to loans they couldn’t afford on overpriced modular and manufactured homes, Attorney General Roy Cooper announced today.
City’s Human Relations Department Exceeds Federal Fair Housing Standards
GREENSBORO, NC - July 20, 2010 - (RealEstateRama) -- The City of Greensboro’s Human Relations Department has met and exceeded the US Department of Housing and Urban Development’s (HUD) standards for fair housing assistance and enforcement in fiscal year 2009-10.
State Program Will Make New Homes More Energy Efficient
RALEIGH, NC - June 29, 2010 - (RealEstateRama) -- The N.C. Energy Office is launching a $3.7 million program to improve energy efficiency in new single-family homes and multi-family housing under construction.