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Daily Archives: July 31, 2012

Fannie, Freddie chief’s rejection of mortgage reductions has bankers smiling

  Fannie Mae and Freddie Mac won’t be taking part in the Obama administration’s home mortgage principal reduction program. That’s bad news for underwater homeowners but cause for rounds of high-fives among executives in the nation’s financial sector. The setback for homeowners came Tuesday when Federal Housing Finance Agency Acting Director Ed DeMarco bowed to pressure from Wall Street and ...

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Winschel retiring from Vicksburg National Military Park

VICKSBURG — Terry Winschel came to Vicksburg for a job and says he found a home. Winschel was a 22-year-old seasonal ranger just a few months out of college when he reported to the Vicksburg National Military Park in 1977. This week he will retire, after 35 years in federal service, most of it spent at the VNMP, where he ...

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Hearing delayed on charge against Southaven mayor

HERNANDO — A hearing for Southaven Mayor Greg Davis on charges that he unlawfully passed a school bus in a private vehicle has been continued. Davis was to appear in DeSoto County Justice Court Tuesday, but he and his attorney, Steve Farese, said Monday both sides had agreed to continue the matter. A new date has not been set. The ...

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