North Carolina U.S. Sens. Ted Budd and Thom Tillis are among a group of 15 Republican Senators who recently introduced legislation that would repeal changes the Biden Administration made that could negatively impact some home buyers.
Published: Friday, October 13th, 2023 @ 5:16 pm
By: Carolina Journal
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David Stevens, a senior housing official under former President Barack Obama, condemned a proposal from President Joe Biden that will effectively penalize financially stable homebuyers to subsidize those with higher risk.
Published: Thursday, August 3rd, 2023 @ 11:08 am
By: Daily Wire
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Wells Fargo announced a pivot toward offering home ownership services for minority applicants even as the firm pulls away from the mortgage correspondent and servicing businesses.
Published: Tuesday, January 17th, 2023 @ 4:13 pm
By: Daily Wire
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Wells Fargo will pay $1.7 billion in civil penalties and $2 billion in redress after the bank carried out a number of abuses concerning mortgages and consumer accounts.
Published: Monday, January 9th, 2023 @ 9:25 am
By: Daily Wire
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Mortgage rates are approaching 7% as the housing market continues to experience turmoil.
Published: Saturday, October 1st, 2022 @ 5:51 pm
By: Daily Wire
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North Carolina’s largest corporation, Bank of America, received pushback after announcing last week they created a home loan program only available in black and Hispanic neighborhoods.
Published: Tuesday, September 13th, 2022 @ 9:51 pm
By: Carolina Journal
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Bank of America is under fire for a new mortgage lending program geared specifically to black and Hispanic homebuyers.
Published: Tuesday, September 13th, 2022 @ 9:40 pm
By: Daily Wire
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The housing market is expected to cool as demand moderates, according to a Wednesday report from government-backed mortgage enterprise Freddie Mac.
Published: Wednesday, August 3rd, 2022 @ 3:33 am
By: Daily Wire
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More than 900 employees of mortgage company Better.com were invited to a Zoom webinar last Wednesday, where CEO Vishal Garg announced they would all be fired effective immediately.
Published: Friday, July 1st, 2022 @ 3:43 pm
By: Daily Wire
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PennyMac Financial Services, Inc. will invest $4.3 million in Cary
Published: Tuesday, January 26th, 2021 @ 1:40 pm
By: Governor's Office
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Intercontinental Capital Group Will Create a $5.8 Million Operations Hub in Charlotte
Published: Thursday, December 24th, 2020 @ 12:12 pm
By: Governor's Office
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California Gov. Gavin Newsom announced Wednesday that five major U.S. banks will temporarily suspend home mortgage payments for people who have been affected by the coronavirus quarantine.
Published: Sunday, March 29th, 2020 @ 6:58 pm
By: Carolina Journal
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Today, Senator Thom Tillis (R-NC), a member of the Senate Banking Committee, applauded the Senate passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act, bipartisan legislation to improve our nation's financial regulatory framework and promote economic growth
Published: Thursday, March 15th, 2018 @ 12:28 pm
By: Thom Tillis
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Governor Pat McCrory released the following statement following the announcement that the U.S. Department of Justice had reached a settlement with S&P involving North Carolina and 18 other states
Published: Tuesday, February 3rd, 2015 @ 6:58 pm
By: Christopher Maye
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Since the onset of the Great Recession in 2007, many American households and businesses have substantially reduced their indebtedness. That was a rational decision. A key cause of the boom that led to the bust was excessive leverage, itself a product of the Federal Reserve Board's easy-money..
Published: Tuesday, January 28th, 2014 @ 1:59 pm
By: John Locke Foundation
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For the better part of a century, U.S. politicians have made it one of their major goals to maximize the proportion of Americans who purchase rather than rent their primary dwellings.
Published: Thursday, June 14th, 2012 @ 8:38 am
By: John Locke Foundation
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The chief community organizer is ready to require many lenders to "swallow" a good part of their income on loan balances on houses that are "underwater".
Published: Sunday, April 29th, 2012 @ 9:55 am
By: Jim Bispo
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