North Carolina

New-home construction fell in September on a decline in the South that may reflect disruptions from Hurricane Florence, government figures showed Wednesday.

Home sales in the Charlotte metro area plunged in September, compared to a year ago.

The mortgage delinquency rate fell to a 12-year low, with declines expected to continue as the unemployment rate stays down, according to CoreLogic.

Mortgage application defect risk is down from a year ago, but Hurricane Florence will likely tear through results in affected areas in the coming months.

The federal government has paid out $163.9 million in flood insurance for 1,100 homes in North Carolina with severe repeitive losses, which is almost 60% of their combined total value.

While the severity of Florence was reduced prior to Friday morning's landfall, mortgage servicers are taking proactive steps in addressing the emergency situation.

Home sales in the Charlotte metro region continued to decline in August, a sign that more buyers are having trouble finding houses in a tight market.

The serious mortgage delinquency rate sank to its lowest June reading in 11 years, though recent natural disasters pose risk to loan performance in affected areas, according to CoreLogic.

Casey Crawford, CEO of Movement Mortgage, bought First State Bank in Virginia last year. He has since injected more capital into the bank in an effort to reinvent it.

More Charlotte home listings saw price cuts in June than a year earlier, indicating that Charlotte’s housing market is shifting "ever-so-slightly in favor of buyers," a Zillow report says.

If you're trying to buy a house in Charlotte, buckle up for a rough ride: The inventory shortages and high prices that have plagued buyers for months got worse in July.

Charlotte's red-hot real estate market is squeezing potential homebuyers out and driving down sales, a consequence of fast-rising home prices.

Movement Mortgage is laying off 100 employees nationwide as the lender founded by a former Carolina Panthers player braces for an industry slowdown.

Charlotte is losing the headquarters of RoundPoint Mortgage Servicing Corp., which is relocating just over the South Carolina border in exchange for a state incentives package.

Every month it seems the Charlotte home market can't get much tighter, then every month, it does.

Charlotte Mayor Vi Lyles said that she plans to seek $50 million in affordable housing bonds in the fall, more than tripling the amount of local money available for low-income housing.

Greensboro, N.C., home prices increased by 3.34% from January 2017 to January 2018, according to a report from CoreLogic.

The Charlotte region added about 25,000 jobs last year, and Mecklenburg County is expected to grow to about 1.4 million people by 2030, a nearly 40% increase.

Ocwen Financial is receiving a lump-sum payment of $280 million from New Residential under the latest restructuring of the mortgage servicing rights sale.

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.