Posts Tagged ‘home’

Judge to hear petition to block sand drying plant

by Associated Press Published: February 20,2013

Tags: bench, court, hearing, home, judge, judicial, judiciary, justice, manufacture, manufacturer, manufacturing, petition, plant, protest, resident, sand, sand-drying

POPLARVILLE — A Pearl River County judge has scheduled a hearing tomorrow on a petition from some residents seeking to block development of five acres near the construction site of a sand drying plant in Picayune. The Alliance Consulting Group is locating the plant on 30 acres between Nicholson and Picayune. The $30-million plant would [...] [...]

Ex-city contractor asks for more time to prepare defense

OXFORD — Former Southaven city contractor James Malcolm Harris Jr., who was recently indicted on bank fraud charges, has requested that his March 4 trial be postponed to give his attorney enough time to prepare for the case. The Commercial Appeal reports Harris’ attorney, David Hill, filed a motion for a continuance on Feb. 15 [...] [...]

FNC report: Housing market should continue to improve

by MBJ Staff Published: February 19,2013

Tags: foreclosure, home, home price, house, housing, mortgage, real estate, report, residence, residential

OXFORD — Though home foreclosures continue to be a challenge in many hard-hit markets, a report released by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul. According to FNC’s Foreclosure Market Report, foreclosure prices have bottomed out in recent months and the foreclosure market has stabilized while underlying [...] [...]

Bill passes giving home inspector oversight to real estate industry

JACKSON — The state Senate has unanimously approved a bill to give the real estate business oversight over home inspectors in Mississippi. That would put the people most interested in selling homes in charge of regulating and licensing those who are supposed to warn consumers away from houses with major problems, home inspectors tell The [...] [...]

FNC index shows U.S. home prices still rising

by MBJ Staff Published: February 15,2013

Tags: home, home price, house, index, mortgage, real estate, residence, residential real estate

OXFORD — The latest FNC Residential Price Index (RPI) shows continuing momentum in the U.S. housing market with home prices rising to a two-year high in December. Despite an unexpected deceleration in economic growth, the ongoing housing recovery has maintained its pace with steady gains in home prices, sending the index up 5.4 percent year [...] [...]

Judge rules in defective Chinese drywall lawsuit

NEW ORLEANS — A federal judge has approved five class-action settlements that call for a Chinese drywall manufacturer and others to pay hundreds of millions of dollars to repair homes damaged by the product, attorneys for thousands of Gulf Coast property owners said. U.S. District Judge Eldon Fallon in New Orleans held a hearing in [...] [...]

Appeals panel upholds mortgage fraud convictions

RIDGELAND — A federal appeals panel has upheld the conviction of three people in a Mississippi mortgage fraud scheme that involved more than $10 million in fraudulent loans. Former Ridgeland mortgage broker Mark Calhoun and father-and-son associates J. Larry Kennedy and Keith Kennedy, who operated a mortgage loan closing business, had appealed their 2010 convictions. [...] [...]

Developer’s guilty plea prompts commission probe

by Associated Press Published: February 5,2013

Tags: commission, developer, home, house, investigation, probe, real estate, residence, residential, state agency, subdivision

SOUTHAVEN — The Mississippi Real Estate Commission plans to open an investigation into the dealings of DeSoto County developer Chuck Roberts after Roberts pleaded guilty last week to a federal bank fraud charge involving a Southaven subdivision. Roberts, 46, pleaded guilty to bank fraud last Thursday in federal court in Oxford. Roberts was accused of submitting [...] [...]

Man gets 12 years in prison for Katrina-related construction fraud

WIGGINS — A former Wiggins businessman has been sentenced to serve 12 years in prison for defrauding south Mississippi homeowners who had hired him to fix their properties after Hurricane Katrina struck in 2005. Harrison County Circuit Judge John Gargiulo sentenced 53-year-old Charles Lynn Reeder earlier this week to a total of 15 years in [...] [...]

Neighborhoods still being tested for pollutants from plant

HATTIESBURG — Officials have been conducting testing at and near the former Hercules plant to determine whether contaminants have spread into surrounding neighborhoods. Testing is being conducted by officials with the state Department of Environmental Quality, the Environmental Protection Agency and Ashland Inc., Hercules’ parent company at wells within a half-mile radius of the former [...] [...]

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