Archives For: NC

North Carolina Supreme Court Adopts “Substantial Competent Evidence” Requirement for Borrowers Asserting “True Value” Defense in Foreclosure Deficiency Actions

The National Law Review published an article authored by Lance P. Martin of Ward and Smith, P.A. In it, Martin details a recent North Carolina Supreme Court reversal of a 2015 Court of Appeals decision. 

9 May 2017

FEMA Declared Disaster North Carolina

On December 23, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in North Carolina affected by Hurricane Matthew between October 4-24, 2016.

23 Dec 2016

HUD Secretary Announces Help for Victims of Hurricane Matthew

The U.S. Department of Housing and Urban Development (HUD) issued press release announcing the availability of federal disaster assistance for areas affected by Hurricane Matthew.

11 Oct 2016

NC Senate Bill Targets Squatters Using Foreclosed Homes

The News & Observer published an article discussing NC SB 754 (“Prevent Squatting in Foreclosed Real Property”), which has been introduced into the North Carolina Legislature.

26 Apr 2016

NC Court Issues Non-Judicial Foreclosure Ruling

DSNews reported on a recent North Carolina Court of Appeals ruling that mortgage note holders in North Carolina can no longer voluntarily dismiss more than one non-judicial foreclosure without being banned from filing additional non-judicial foreclosures.

22 Sep 2014

FHFA Prepared Remarks of Melvin Watt

On September 8, the Federal Housing Finance Agency (FHFA) released the prepared remarks of Melvin L. Watt at the North Carolina Bankers Association’s American Mortgage Conference.

10 Sep 2014

FEMA Declared Disaster Area North Carolina

On March 31, FEMA issued a Presidential Major Disaster Declaration for areas in North Carolina as a result of a severe winter storm March 6-7.

2 Apr 2014

FEMA Declared Disaster Area North Carolina

On October 29, FEMA issued a Presidential Major Disaster Declaration for areas in North Carolina as a result of severe storms, flooding, and mudslides on July 7.

30 Oct 2013

FEMA Declared Disaster Area North Carolina

On September 25, FEMA issued a Presidential Major Disaster Declaration for areas in North Carolina as a result of severe storms, flooding, landslides, and mudslides during the period of July 3-13.

26 Sep 2013

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