Items Tagged with 'North Carolina'

ARTICLES

  • Worried you can’t get a mortgage in time? Ribbon will buy the home you want for you

    Real estate startup raises $225 million to fund national expansion
    There’s a new real estate startup that is buying homes directly from homeowners, but unlike direct buyers like Opendoor, Offerpad, and Perch, and real estate giants like Zillow and Redfin, which focus on buying homes from sellers, Ribbon is buying homes for buyers. And now, the company has some serious financial backing to power its planned growth.
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  • Redfin expanding into Connecticut

    Online real estate brokerage also adds Asheville, North Carolina
    Redfin, the online real estate brokerage, is expanding. The company announced Tuesday that it is launching in Connecticut and expanding its operations in North Carolina.
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  • Beazer Homes expanding homebuilding operations in Carolinas

    Buys hundreds of sites in $29 million deal with Bill Clark Homes
    Beazer Homes, a homebuilder based in Atlanta, is set to expand its homebuilding operations in North and South Carolina thanks to a $29 million deal with Bill Clark Homes, a private homebuilder that operates in the Carolinas. Here are the details.
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  • South State Bank commits $100 million to low-income, minority borrowers

    Will seek eligible borrowers in North Carolina, South Carolina, Georgia, Virginia
    South Carolina-based South State Bank announced Monday that it is launching a mortgage lending initiative, pledging $100 million to consumers located in low-to-moderate income and minority areas in North Carolina, South Carolina, Georgia, and Virginia.
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  • FTC warns North Carolina that new appraisal fee rules could violate federal laws

    North Carolina currently considering establishing set fees for appraisals
    For the second time in the last two months, the Federal Trade Commission is accusing a state of pursuing appraisal fee laws that could restrict price competition and violate federal antitrust laws. At the end of May, the FTC filed a complaint against the Louisiana Real Estate Appraisal Board, accusing the group of “unreasonably restraining price competition for appraisal services in Louisiana.” Now, North Carolina is in the FTC’s crosshairs.
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  • How about some good news? Movement Mortgage helps found new charter school

    Former NFL player turned lender invests in Charlotte youth
    There’s an old saying in this business: If it bleeds, it leads. And sadly, in many cases, that’s true. Far too often, good things are happening quietly while bad things happen loudly. Well, one of those good things is happening in the mortgage business right now and it deserves just as much attention as some of the other messy stuff we report about all the time. Here's the story of Movement Mortgage and the Movement School.
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  • Fidelity Bank accused of denying mortgage loans based on race

    North Carolina-based bank agrees to $1M settlement over discriminatory lending
    North Carolina-based Fidelity Bank reached a $1 million settlement over allegations that the bank engaged in discriminatory lending practices. The settlement agreement stems from a complaint filed by the Fair Housing Project of North Carolina Legal Aid, which accused Fidelity Bank of denying mortgage loans based on race, which would be a violation of the Fair Housing Act.
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