Posts Tagged ‘home’

Report: Mississippi sees biggest hike in home insurance premiums in U.S.

ACROSS MISSISSIPPI — Average annual home insurance premiums in Mississippi increased 15.5 percent during the second quarter of 2014, the largest hike of any of the 25 states that experienced increases, according to the HomeownersInsurance.com Premium Report. The average climbed to $1,170 a year. Nationally, premiums rose to $829 during the quarter, about 2.1 percent […] [...]

Report: More than 6.5M U.S. homes at risk for storm surge

MISSISSIPPI GULF COAST  — CoreLogic has released its 2014 storm surge analysis featuring estimates on both the number and reconstruction value of single-family homes exposed to hurricane-driven storm surge risk within the United States. According to the findings, more than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm […] [...]

State’s consumers in line for payments under SunTrust settlement

JACKSON — Attorney General Jim Hood says Mississippi consumers will be eligible for payments under a settlement between 48 states, the federal government and SunTrust. The U.S. Justice Department said yesterday the $968-million settlement resolves allegations that SunTrust underwrote and provided faulty mortgage loans. The federal government accused SunTrust of giving borrowers false and misleading […] [...]

Report: State ranks third in U.S. in negative-equity homes

IRVINE, Calif — CoreLogic has released new analysis showing more than 300,000 homes returned to positive equity in the first quarter of 2014, bringing the total number of mortgaged residential properties with equity to more than 43 million. The CoreLogic analysis indicates that approximately 6.3 million homes, or 12.7 percent of all residential properties with […] [...]

County continues to see rise in building permits

DESOTO COUNTY — Homebuilding activity continues to rebound in DeSoto County. The Commercial Appeal reports 334 single-family building permits have been issued through April, putting the county on track to exceed 2013′s total of 851. County planning officials presented the numbers last week to the DeSoto County Board of Supervisors, saying they show an ongoing […] [...]

Ex-Delta housing authority leader’s conviction upheld

GREENVILLE — A federal appeals court has upheld the conviction of a former executive director of the South Delta Regional Housing Authority and her 32-month prison sentence. The ruling was issued yesterday by a three-judge panel of the 5th U.S. Circuit Court of Appeals in New Orleans. Ann Jefferson was convicted in 2012 in federal […] [...]

Homeowners’ fire district challenge going to highest court

DIAMONDHEAD — The U.S. Supreme Court will consider May 15 whether to hear an appeal over whether a Mississippi fire protection district can charge a fee for its services to local property owners. Court officials say a decision could be announced shortly after the court conference. The Mississippi Supreme Court ruled in favor of the […] [...]

BBB issues warning involving asphalt paving scam

JACKSON — The Better Business Bureau (BBB) is urging consumers to beware of a scam involving door-to-door salesmen offering low-cost quotes on asphalt paving. Over the past week, BBB has received calls and complaints from local consumers who were approached by salesmen offering to pave driveways for very low costs, claiming to use asphalt “left-over” […] [...]

Concerns still high about possible flood insurance hikes

GREENVILLE — Henry Nathaniel has escaped the rising tide of flood insurance costs for now, but he’s still worried. The retired 70-year-old owns a 1,650-square-foot house valued at less than $50,000 on Greenville’s north side. He was already paying a relatively steep $550 a year to the National Flood Insurance Program. Then he got a […] [...]

Home repairman violates court order, gets jail time

BAY ST. LOUIS — A Hancock County resident has been incarcerated based on the revocation of his 2012 false pretenses conviction, according to Attorney General Jim Hood. Brad Dale Strong, 34, of Bay St. Louis was brought before Circuit Judge John Gargiulo in Hancock County by the Mississippi Attorney General Office’s Consumer Protection Division. Strong […] [...]

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