Like vultures, the con artists and fraudsters are honing in to scavenge on the killing fields of foreclosures. They are getting caught but in most of the cases they manage to escape going to jail. The fraudsters have named themselves loan modifications consultants or negotiators and even specialists. Some of them have the mask of [...]

The foreclosure situation that has led to a slump in the economy is putting pressure on the Legal Aid agency of North Carolina. There are people knocking at their doors for help but donations and money coming from grants have started to dry up – thanks to the ongoing recession. This was reported by The [...]

Forsyth County is witnessing as many as 50 foreclosures per week. The regional manager of Legal Aid, North Carolina, Hazel Mack-Hilliard comments that she has seen this rise in number of foreclosures during the last five years. The people have been sandwiched between rising mortgage rates and cost of living. It has a chain reaction [...]

The club is scheduled to be handed over to the highest bidder at an auction to be held on 26th December in Pitt County Courthouse. It will start at 2 pm as per an insertion in the classified section of a daily newspaper – The Daily Reflector. The Brook Valley Country Club boasts of an [...]

Raleigh is the Capital of North Carolina state and also county seat of “Wake County”. Raleigh is also familiar as the “City of Oaks” because of its numerous oak trees, A 2007 estimate puts the population at approximately 367,995, ranking it as second most populated city of North Carolina. Raleigh has the distinction of being [...]

Mortgage defaulters who are facing foreclosures are waiting for help from Washington. The authorities however have taken a wait and watch stand to the fallout resulting in years of lending practice without being backed by sufficient credibility. The market is showing signs of self-recovery and the overall economy seems to remain untouched. At this point [...]