AP: Carolinas politicians get payouts from lender
Submitted by Makenzi Henderson on Tue, 12/16/2014 - 8:05pm.

videoAn 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, the corporate parent of the online mortgage broker LendingTree.

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Attorney and real estate developers sentenced in mortgage fraud case
Submitted by WWAY on Wed, 11/12/2014 - 9:54pm.

Four men behind a Wilmington area mortgage fraud scheme were sentenced in federal court today.

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YMCA celebrates being mortgage free
Submitted by WWAY on Wed, 05/28/2014 - 9:07pm.

videoThe Wilmington Family YMCA celebrated the fact that they are now mortgage free with an ice cream social and shredding ceremony.

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HUD chief talks mortgages at NC conference
Submitted by Chris Phillips on Tue, 09/10/2013 - 9:28pm.

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.

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NC banking regulator overseeing US mortgage deal
Submitted by WWAY on Thu, 02/09/2012 - 4:31pm.

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.

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States, banks reach foreclosure-abuse settlement
Submitted by WWAY on Thu, 02/09/2012 - 12:23pm.

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.

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TROUBLESHOOTERS: Unexpected insurance hike threatens elderly woman's home
Submitted by Marcy Cuevas on Wed, 01/18/2012 - 6:00pm.

video 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.

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Bank of America settles mortgage suit for $315 million
Submitted by WWAY on Tue, 12/06/2011 - 11:37am.

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.

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Bank of America in $8.5B mortgage settlement
Submitted by WWAY on Wed, 06/29/2011 - 8:03am.

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.

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FIRST ON 3: Twenty percent of Wilmington homeowners "upside down" on their mortgage
Submitted by WWAY on Tue, 06/07/2011 - 7:09am.

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.

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