by Associated Press Published: May 7,2012
Tags: home insurance, homeowners, homeowners insurance, homes, houses, hurricanes, insurance, residences, residential real estate, residents, severe weather, tropical weather, Weather, wind coverage
MISSISSIPPI GULF COAST — Traditional insurance companies are still generally avoiding coastal risks. But a few companies new to Mississippi’s coastal market are writing wind coverage for well-built homes near the waterfront. So are insurance carriers that are not licensed in Mississippi. Angelyn Treutel is an independent insurance agent and vice president of the agency [...] [...]
by MBJ Staff Published: May 1,2012
Tags: banking, Banks, community development financial insitution, financial institutions, homeowners, homeownership, homes, membership, residences, residential real estate
GULFPORT — Gulf Coast Renaissance Corp. was recently granted membership into the Federal Home Loan Bank of Dallas (FHLB Dallas). According to Renaissance Corp., a nonprofit organization focused on creating affordable homeownership opportunities and stimulating economic development through the small business sector, it is the first non-bank community development financial institution (CDFI) in the state [...] [...]
by MBJ Staff Published: April 30,2012
Tags: economy, home prices, homeowners, homes, houses, real estate, recession, residences, residential real estate, residents
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continued to show signs of persistent weakening, ending in February with a seventh consecutive month-to-month decline. Despite sharply rising activities in existing home sales and new housing starts from a year ago, prices on non-distressed home sales (excluding foreclosure auction sales, [...] [...]
TUPELO — Churchill Mortgage of Brentwood, Tenn., is opening its first physical branch in Mississippi, located on East Main Street in Tupelo. The new Mississippi team brings 30 years of mortgage and banking experience to Churchill Mortgage. Brandy Schulz will serve as branch manager, bringing more than 12 years of industry expertise. Prior to joining [...] [...]
OXFORD — The latest FNC Residential Price Index (RPI) indicates that U.S. home prices declined steadily in the last half of 2011. Since July 2011, prices on non-distressed properties (excluding foreclosure sales, REO sales, and short sales) have fallen 4.5 percent — averaging nearly 1.0 percent per month. The persistent downtrends in home prices are [...] [...]
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values declined in January, in spite of continued economic expansion and an improving job market in recent months. The latest persistent downtrends are driven primarily by conditions in the distressed market, which remains overwhelmed by the disposal of foreclosed and REO properties. [...] [...]
PASS CHRISTIAN — Two Pass Christian officials say that residents in a proposed annexation area in Harrison County would benefit from city services and discounts on insurance. The Sun Herald reports the trial in which Pass Christian is attempting to annex 5.4 miles of the Pineville-Cuevas community in the county is expected to last two [...] [...]
by Associated Press Published: March 26,2012
Tags: courts, disaster recovery, flood, flooding, homeowners insurance, homes, houses, hurricanes, insurance, judges, judicial, judiciary, justices, l homeowners, natural disaster, severe weather, tropical weather, Weather
JACKSON — The Mississippi Supreme Court has denied motions to reconsider its ruling last December that overturned a judgment for an insurance company in a wind vs. water case. The case involved a Pascagoula home hit by 6.3 feet of storm surge during Hurricane Katrina in 2005. Both the homeowners and Nationwide Mutual Fire Insurance [...] [...]
by MBJ Staff Published: March 22,2012
Tags: damage, death, disaster, disaster recovery, disaster response, emergency, fatality, flooding, floods, homes, houses, natural disaster, power lines, rain, severe weather, storms, tornadoes, trees, Weather, wind
ACROSS MISSISSIPPI — Emergency management officials in Holmes County say severe weather may be to blame for one death in Lexington after a tree fell on a home late yesterday afternoon. According to the Mississippi Emergency Management Agency, five counties so far have reported damage from severe weather that moved across Mississippi yesterday. Damage reports [...] [...]
by Associated Press Published: March 21,2012
Tags: homebuyers, homes, houses, investigastion, real estate, residences, tax, tax filing, tax preparation, tax returns, taxpayers
COLUMBUS — The Justice Department is seeking to shut down a tax preparer, who runs a business in Columbus. Yesterday, federal prosecutors said they filed a federal civil injunction suit to bar Cynthia H. Carter from preparing federal tax returns for others. Prosecutors say Cynthia’s Tax Service prepares returns for customers who report false income [...] [...]
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