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Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 States - Bloomberg
Sat, 04 Feb 2012 00:19:50 GMT

Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 States
Bloomberg
... yesterday sued Bank of America, based in Charlotte, North Carolina, New York- based JPMorgan and Wells Fargo & Co. (WFC) in state court in Brooklyn over the use of a national mortgage database that the state claims led to improper foreclosures.
JPMorgan, BofA Sued by New York Over Use of Mortgage DatabaseBusinessWeek
New York takes on big banksColumbus Dispatch

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Foreclosure Accord Said to Ensure Same Terms for All 50 States - BusinessWeek
Sat, 04 Feb 2012 05:35:58 GMT

Foreclosure Accord Said to Ensure Same Terms for All 50 States
BusinessWeek
New York Attorney General Eric Schneiderman, who last week declined to say whether he would sign the deal, yesterday sued Bank of America, based in Charlotte, North Carolina, New York- based JPMorgan and Wells Fargo & Co. in state court in Brooklyn ...

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Foreclosure Deal Would Give States Future Authority To Punish Firms - Huffington Post
Wed, 01 Feb 2012 19:04:09 GMT

Daily News Corner

Foreclosure Deal Would Give States Future Authority To Punish Firms
Huffington Post
Joseph Smith, the banking commissioner in North Carolina, is expected to serve as the monitor on the settlement, people familiar with the matter told Reuters on Monday. Negotiations between state and federal officials to resolve allegations of ...
Exclusive: Mortgage deal would give states enforcement cloutChicago Tribune

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Fannie Mae tries partnerships with investors to sell foreclosures - Sun-Sentinel
Fri, 03 Feb 2012 23:23:15 GMT

Fannie Mae tries partnerships with investors to sell foreclosures
Sun-Sentinel
It will be difficult for private-equity funds to generate high returns renting foreclosures because of the complexity and cost of managing single-family houses, said Judi Levinson, who owns 52 rental homes in Henderson County, North Carolina, ...

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California's Solo Mortgage Probe Complicated by 2008 Deal - Bloomberg
Fri, 03 Feb 2012 14:57:39 GMT

California's Solo Mortgage Probe Complicated by 2008 Deal
Bloomberg
... nation in foreclosure filings for housing units, has described as “inadequate” the proposed settlement state and federal officials have been negotiating for more than a year with Charlotte, North Carolina-based Bank of America, JPMorgan Chase & Co.

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Foreclosure Crisis: The Twisted World Of Mortgage Lender Error - Huffington Post
Fri, 27 Jan 2012 17:24:16 GMT

Moneycontrol.com

Foreclosure Crisis: The Twisted World Of Mortgage Lender Error
Huffington Post
"But I came home one day and there was a foreclosure notice on my door and a sign in my yard. I called constantly, but it was as if the dots were not connecting." A North Carolina clerk of court recently dismissed the foreclosure on grounds that GMAC ...
Analysis: Banks expect to spend less on bad mortgagesReuters

all 45 news articles »

Forbes: Miami is the most miserable US city - UPI.com
Fri, 03 Feb 2012 21:55:05 GMT

Forbes: Miami is the most miserable US city
UPI.com
Miami Heat forward LeBron James watches from the bench as the Heat plays the Charlotte Bobcats in an NBA basketball game in Charlotte, North Carolina on December 28, 2011. Miami won 96-95. UPI/Nell Redmond MIAMI, Feb. 3 (UPI) -- Forbes magazine has ...

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Report: Area offered steep discounts on foreclosures in 2011 - Winston-Salem Journal
Thu, 26 Jan 2012 05:15:06 GMT

Chicago Tribune

Report: Area offered steep discounts on foreclosures in 2011
Winston-Salem Journal
Foreclosures represented 11.7 percent of all home sales in the Winston-Salem MSA — the highest percentage of North Carolina's seven MSAs. The average foreclosure sale price of $112008 also was the lowest of the seven metros.
Foreclosure Properties Decline to 20% of Home Purchases in USBusinessWeek
Foreclosure Homes Account for 20 Percent of All US Residential Sales in Q3 ...MarketWatch (press release)

all 392 news articles »

Bank Foreclosure Agreement Deadline for States Set for Feb. 3 - BusinessWeek
Tue, 31 Jan 2012 05:37:51 GMT

Bank Foreclosure Agreement Deadline for States Set for Feb. 3
BusinessWeek
Separately, Joseph Smith, the North Carolina commissioner of banks, will serve as monitor to ensure banks comply with terms of the settlement, according to a person familiar with the matter who wasn't authorized to speak publicly about it.

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Foreclosures Decline Might be Short-Lived - LoanSafe
Thu, 12 Jan 2012 16:56:42 GMT

Foreclosures Decline Might be Short-Lived
LoanSafe
by Alex Ferreras on January 12, 2012 in Real Estate (Source: Richard Craver Winston Salem Journal, NC) – Foreclosure filings hit a four-year low in the Winston-Salem metropolitan statistical area during 2011, according to a report set for release today ...

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