Research

How is North Carolina's foreclosure rate?

North Carolina's foreclosure rate is lower than many other areas of the country, but the rate is expected to rise in 2008. Click on the following resources for additional information:

• RealtyTrac Foreclosure Data
• RealtyTrac
• NC Foreclosure Data (Courtesy of the Administrative Office of the Courts)
• NC Foreclosure Starts Per County & Counseling Agencies
• NC Foreclosure Starts Hotspots

Latest Foreclosure Maps

State maps:

• NC Foreclosure Starts
• NC Percentage Change of Foreclosure Starts
• NC Foreclosure Trends: 2006 - 2007
• NC Foreclosure Trends: 2003 - 2007
• NC CLTV Map
• Concentrations of Subprime Foreclosures

• Cumberland County
• Durham County
• Forsyth County
• Guilford County
• Mecklenburg County
• Pitt County
• Wake County

Reports and Papers

• Rising Foreclosures in North Carolina, Mark E. Pearce, N.C. Deputy Commissioner Of Banks PDF document
• Knowledge Plex
• Center for Responsible Lending:
  • Subprime Spillover
  • Subprime Lending is a Drain on Home Ownership
  • Losing Ground: Foreclosures in the Subprime Market and Their Cost to Homeowners PDF document

Legal

• North Carolina Legislation
  • HOUSE BILL 313: Identifying Loan Originator on Deed of Trust
  • HOUSE BILL 817: Residential Mortgage Fraud Act
  • HOUSE BILL 947: NC Foreclosure / Landlord Tenant Laws
  • HOUSE BILL 1374: Protect Homeowners / Reduce Foreclosure
  • HOUSE BILL 1817: Protect Consumers – Covered Laws
  • SENATE BILL 197: Remove Sunset / Debt Management for Consumers
• Federal Legislation

  Statement by Secretary Henry M. Paulson, Jr. at Press Conference to Announce Framework to Help Preserve Communities by Preventing Foreclosure: http://www.treasury.gov/press/releases/hp716.htm

© 2008 NC Commissioner of Banks. All rights reserved.