Norfolk virginia Mortgage News

Shareholders Approve Hampton Roads Bankshares' Acquisition of Gateway Financial Holdings (GlobeNewswire via Yahoo! Finance)
NORFOLK and VIRGINIA BEACH, Va., Dec. 18, 2008 -- At their respective meetings held today, shareholders of Hampton Roads Bankshares, Inc. , the financial holding company for Bank of Hampton Roads and Shore Bank, and Gateway Financial Holdings, Inc. , the financial holding company of Gateway Bank & Trust Co., approved the merger of Gateway Financial Holdings with and into Hampton Roads Bankshares.

Monarch Financial Holdings Completes $14.7 Million Investment under TARP Capital Purchase Program (PR Newswire via Yahoo! Finance)
Monarch Financial Holdings, Inc. , parent of Monarch Bank, announced today that it has completed the sale and issuance of $14.7 million in preferred stock to the U.S. Department of the Treasury as part of the TARP Capital Purchase Program.

Yoder Dairies to end home delivery, close Virginia Beach store (The Virginian-Pilot)
VIRGINIA BEACH Yoder Dairies delivered milk to Karen Crain and her family for 19 years.

City gathers input on rezoning plots in Columbia Hts. (The Massillon Independent)
Virginia Mason has watched the Columbia Heights neighborhood deteriorate in recent years. Homes sit vacant and blighted, resembling more of a “ghost town” than a neighborhood, Mason said. But a plan to rezone and redevelop the southwest side neighborhood has given her hope. “It could be better,” she said. “It wouldn’t be a ghost town. It would be nice to see people in the neighborhood.

Michael Vick spent fortune before prison (ajc.com) (Daily Press)

Found documents give glimpse of Depression (Asheville Citizen-Times)
WEST ASHEVILLE – Every house has a history, but you usually don't find a big chunk of it tucked under the attic insulation.

Former Rector Gives $1 Million To ODU (WRIC 8 News Richmond)
NORFOLK, Va. (AP) - A former Old Dominion University rector has donated $1 million to the Norfolk school. The gift from George Dragas Jr. was announced at Friday's Board of Visitors meeting. Dragas has

$1 million gift (5:57pm) (CBS 6 Richmond)
NORFOLK, Va. (AP) - A former Old Dominion University rector has donated $1 million to the Norfolk school. The gift from George Dragas Jr. was announced at Friday's Board of Visitors meeting.

Former rector gives $1 million to ODU (WRIC 8 News Richmond)
Associated Press - December 5, 2008 6:05 PM ET NORFOLK, Va. (AP) - A former Old Dominion University rector has donated $1 million to the Norfolk school.

Records show how Vick burned through fortune (Atlanta Journal-Constitution)
The day he went to jail, Michael Vick bought a $99,000 Mercedes. He cashed four checks that totaled $24,900. He gave $28,000 to the mother of his oldest child. He paid a public relations firm $23,000 and gave a friend $16,000.