AP: Carolinas politicians get payouts from lender
9 months ago
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AP: Carolinas politicians get payouts from lender

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.
Attorney and real estate developers sentenced in mortgage fraud case
10 months ago
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Attorney and real estate developers sentenced in mortgage fraud case

Four men behind a Wilmington area mortgage fraud scheme were sentenced in federal court today.
YMCA celebrates being mortgage free
1 year ago
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YMCA celebrates being mortgage free

The Wilmington Family YMCA celebrated the fact that they are now mortgage free with an ice cream social and shredding ceremony.
HUD chief talks mortgages at NC conference
2 years ago
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HUD chief talks mortgages at NC conference

The Obama administration is pressing its case for reforming the country's home-loan industry while preserving the fixed-rate, 30-year mortgages distinctive to the American housing scene.
NC banking regulator overseeing US mortgage deal
4 years ago
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NC banking regulator overseeing US mortgage deal

North Carolina's long-time banking commissioner is the choice of America's big banks and attorneys general to make sure a $25 billion settlement over widespread mortgage abuses is carried out.
States, banks reach foreclosure-abuse settlement
4 years ago
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States, banks reach foreclosure-abuse settlement

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.
TROUBLESHOOTERS: Unexpected insurance hike threatens elderly woman’s home
4 years ago
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TROUBLESHOOTERS: Unexpected insurance hike threatens elderly woman’s home

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.
Bank of America settles mortgage suit for $315 million
4 years ago
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Bank of America settles mortgage suit for $315 million

Bank of America has agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit.
Bank of America in $8.5B mortgage settlement
4 years ago
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Bank of America in $8.5B mortgage settlement

Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.
FIRST ON 3: Twenty percent of Wilmington homeowners “upside down” on their mortgage
4 years ago
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FIRST ON 3: Twenty percent of Wilmington homeowners “upside down” on their mortgage

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.