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
Luxury Carolina properties seamlessly integrated onto the IDX enabled search page of Linda Caldwell
EUGENE, OR - October 4, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce Linda Caldwell as the latest real estate professional to adopt IDX Broker software for her real estate website and search page. The unique IDX solution now employed on her website extracts raw listing data from the Carolina MLS (CMLS) and displays it directly in the search area Caldwell hosts. Now, home seekers can scan thousands of properties, take virtual tours, calculate likely monthly mortgage costs and begin the property buying process without ever leaving the website Caldwell supports or their own home.
Charlotte, North Carolina home seekers can now utilize IDX enabled search page
EUGENE, OR - October 4, 2010 - (RealEstateRama) -- Carolina MLS (CMLS) listings just became monumentally easier to search for with the partnership between IDX, Inc. and real estate agent Scott Tyler. With a dynamic customized IDX solution, Tyler and his website deliver potential buyers up-to-the-minute property listings conveniently and quickly. This efficient and effective technology works to match buyers with homes before they even begin the formal buying process with a Realtor. Never before has a such a unique capability managed to simplify the online home search
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.
Mountain Real Estate Capital Closes on Another Bank REO Acquisition from Bank of America
Charlotte, NC - September 27, 2010 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) continues the success of its bank REO/NPL acquisition platform by closing its second acquisition from Bank of America in the last three months. The first is a 1,000-unit active adult project located in the U.S. 27 corridor of Orlando, which closed in June. The second is a San Diego partially completed subdivision of 17 lots and four completed models, which recently closed in August
Hines Global REIT Acquires Hock Plaza in Durham, NC
HOUSTON, NC - September 14, 2010 - (RealEstateRama) -- Hines, the international real estate firm, announced today that Hines Global REIT has acquired Hock Plaza from Brickman Durham LLC.
Residential Development Site in Raleigh to be Auctioned
Westfield, NJ - September 13, 2010 - (RealEstateRama) -- A major residential development site in Raleigh, N.C., with approval for 126 condominium units will be on the auction block on Wednesday, Oct. 13.
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.