While state and federal lawmakers are split on the issue, area motorists upset with high gas prices overwhelmingly support drilling for oil off North Carolina’s coast.

As expected, the North Carolina Eastern Municipal Power Agency rate committee on Friday recommended a 14-percent electric rate hike for its members, including Elizabeth City.

Phoenix Colvard Development unveils a website www.SheldonGoodFraud.com that contains supporting documentation that Phoenix claims exposes Sheldon Good in a scheme to charge for ads it never ran in the Wall Street Journal Real Estate Section.

As more and more mortgage lenders are closing their doors, a common problem is the confusion that the transaction causes the borrower. Fortunately, there is a federal law that protects the consumer when this happens. To better understand the payment process, lenders can keep the loan in house. This is called a portfolio loan. Or they can sell or assign it to an investor. The most prominent investors iin the United States are the Federal Home Loan Mortgage Corp. (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae). (more…)

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Morehead City, N.C. The best buying sign is to hear a seller bemoaning market conditions. Buyers buy at the worst time. Buyers should buy when times are the worst.

The Matthews Democrat is serving a sentence in federal prison in Pennsylvania for accepting illegal payments from campaign contributors, mostly in cash received in men’s bathrooms. In a release, attorney Allen Powell said Black paid the fine to the school system in Wake County, where he was convicted. “I always intended to leave a portion of my estate to help secure the enhancement of North …

North Carolina-based Oaks Development Group announced today the company closed on 7.9 acres in Westover Hills on San Antonio’s fast-growing west side.