NC insurance customers irked by policy

NC insurance customers irked by policy linking their Auto Policies to their Homeowners Insurance Policies. This year, two of the most popular underwriters of homeowners insurance policies in North Carolina – Allstate and N.C. Farm Bureau – have adopted underwriting guidelines that link homeowners policies with auto policies across the state. Read more:

$14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers

Contents Related articles USDA RURAL DEVELOPMENT GUARANTEED RURAL HOUSING NEWS From the National Office in Washington DC June 15, 2011 GUARANTEED LOAN FUNDING UPDATE:  SUMMER SIZZLES!   GUARANTEED LOAN VOLUME UP!  PLENTY OF FUNDING AVAILABLE!    The Single Family Housing Guaranteed Loan Program (SFHGLP) has $24 billion dollars of funding available for lenders, but it will…

Two Raleigh Area Banks on the ropes

Two banks that have begun to demonstrate the tell-tale stress signs of banks that banks who eventually are closed by the Fed typically demonstrate; Four Oaks Bank & Gateway Bank (Hampton Road Bank). Both Banks are sustaining significant losses in their real estate loan portfolios.  Four Oaks signed an agreement with the Feds to tighten…