Statistcs on Raleigh bank foreclosures http://www.foreclosuredatabank.com/foreclosures... Homeowners in North Carolina have been struggling to keep their American Dream alive especially in the event of high rate of bank foreclosures. North Carolina boasts of tough mortgage laws, which was enforced almost a decade back and have been able to provide some protection against foreclosures although there is a long way to go. But the sad truth is that in spite of these stringent laws, North Carolina has witnessed a rise in the number of foreclosed homes in the recent times.