News & Analysis as of September 23, 2024

Mortgages › NC Supreme Court

+ Follow

The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

North Carolina Supreme Court Holds That Liberal Standard of Notice Pleading Applies to Judicial Foreclosure Actions

Ward and Smith, P.A. on 6/15/2017

In an important decision for creditors, the North Carolina Supreme Court recently clarified the distinction between judicial foreclosure and non-judicial foreclosure by power of sale. In U.S. Bank v. Pinkney, the Supreme...more

Ruling Eases Lenders’ Path to Deficiency Judgments in NC

Bradley Arant Boult Cummings LLP on 5/31/2017

Winning a deficiency judgment following foreclosure may become less costly for lenders following a May 5 ruling by the North Carolina Supreme Court in United Community Bank v. Wolfe. Reversing a previous ruling by the Court...more

Community Banking Excellence - First Quarter 2016

Spilman Thomas & Battle, PLLC on 3/4/2016

In This Issue: - Another Perspective: We interviewed Michelle Crook, CFO of the Bank of Botetourt, and Chris Snodgrass, CFO for Bank of Marion, for our Community Banking Excellence this quarter. We wanted to know...more

Creditors Rights Suffers a Major Depression in North Carolina

Nexsen Pruet, PLLC on 1/7/2016

So, What can a Lender Count on from a Guarantor? - In 1933, the North Carolina legislature in reaction to the Great Depression enacted certain defenses against alleged abuses by lenders exercising remedies under...more

4 Results

View per page

Page: of 1

Mortgages › NC Supreme Court

North Carolina Supreme Court Holds That Liberal Standard of Notice Pleading Applies to Judicial Foreclosure Actions

Ruling Eases Lenders’ Path to Deficiency Judgments in NC

Community Banking Excellence - First Quarter 2016

Creditors Rights Suffers a Major Depression in North Carolina

"My best business intelligence, in one easy email…"