2 Articles match "Auctions","May","North Carolina"

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North Carolina Foreclosure Laws
North Carolina Foreclosure Laws Both court and out-of-court foreclosures occur in North Carolina. Compare All State Foreclosure Laws North Carolina Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 110 Days 25 Days None Sheriff
www.realtytrac.com - Tuesday, February 3, 2009
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FBI: Mortgage Fraud Begets Foreclosure
The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” In extreme instances, perpetrators may sell the home or secure a second loan without the homeowners’ knowledge, stripping the property’s equity for personal enrichment.” More states are enacting legislation to protect homeowners against such fraud, and justifiably so. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • North Carolina Foreclosure Laws
    North Carolina Foreclosure Laws Both court and out-of-court foreclosures occur in North Carolina. Compare All State Foreclosure Laws North Carolina Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 110 Days 25 Days None Sheriff
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • FBI: Mortgage Fraud Begets Foreclosure
    The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” In extreme instances, perpetrators may sell the home or secure a second loan without the homeowners’ knowledge, stripping the property’s equity for personal enrichment.” More states are enacting legislation to protect homeowners against such fraud, and justifiably so. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE