Sylvia S. Gause's Blog

Charlotte is the 18th-largest city in the United States, according to a projections based on the latest U.S. Census data. The Charlotte area has 729,781 residents as of Monday, up from 569,858 in 2000, according to projections compiled by Business First of Buffalo, N.Y. Business First is a sister...

Servicers have picked up the pace as they work through a backlog of home loans that have languished in late-stage delinquency status for months, and in some cases well over a year. Liquidation activity has accelerated, and as a result, Lender Processing Services (LPS) says lenders' foreclosure in...

that [the foreclosure scandal] is going to lead to a substantial number of foreclosures being permanently forgotten," Rep. Barney Frank said during Congressional hearings yesterday [reported by the Washington Post]. Strong words from the outgoing chairman of the Financial Services Committee, and ...

North Carolina Governor Beverly Perdue announced today in a press conference at the Charlotte Chamber of Commerce that SPX Corporation will create 180 new jobs in North Carolina over the next five years. SPX, a Fortune 500 company, plans to invest $70 million to expand its operations and global ...

STATE OF NORTH CAROLINA OFFICE OF THE GOVERNOR 20301 MAIL SERVICE CENTER • RALEIGH, NC 27699‐0301 November. 15, 2010 Contact: Chris Mackey Office: (919) 733‐5612 Gov. Perdue Announces Gov. Perdue Announces 180 Jobs with SPX Company plans Company plans $70 million investment in Mecklenburg County...

Charlotte Business Journal Date: Thursday, November 4, 2010, 1:40pm EDT - Last Modified: Friday, November 5, 2010, 8:06am EDT Sixty companies in the Charlotte region were recognized Thursday as Best Places to Work, based on surveys of their employees. A crowd of 650 gathered at the Charlotte Conv...

Long-term mortgage rates have fallen to new lows after the Federal Reserve decided this week to step back into the Treasuries market. A 30-year fixed-rate mortgage averaged 4.17 percent in the week ending Nov. 11, down from 4.24 percent last week. A 15-year fixed-rate loan averaged 3.57 percent, ...

JPMorgan Chase will begin re-filing affidavits later this month for some 127,000 foreclosures that have been on hold because of "robo-signing" issues. Charlie Scharf, head of the bank's retail financial services unit, told a group of analysts and investors at a conference in Boston Thursday that ...

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