An Associated Press investigation has found that soon after taking office, North Carolina Gov. Pat McCrory and U.S. Rep. Mark Sanford of South Carolina accepted six-figure stock payouts from Tree.com, the corporate parent of the online mortgage broker LendingTree.
North Carolina communities will benefit from millions of dollars to help struggling homeowners facing foreclosure, as well as more housing counselors, financial fraud investigators and prosecutors, and stronger mortgage standards.
If your property taxes and insurance are held in escrow, you may want to keep a close eye on it.
A Hampstead woman contacted us on behalf of her elderly mother, who was in danger of losing her home because her homeowner's insurance doubled, and she never knew it.
In Wilmington, 20.40 percent, or 14,608, of all residential properties with a mortgage were in negative equity for first quarter 2011. An additional 6.30 percent, or 4,519, were in near negative equity.