Posts Tagged ‘house’

Indictment: Prison boss Chris Epps took bribes for contracts

JACKSON — Former Mississippi Corrections Commissioner Christopher Epps, who resigned abruptly this week, has been charged with accepting hundreds of thousands of dollars in bribes from a Rankin County businessman connected to several private prison companies. Epps is accused of receiving more than $700,000 from 2008 to 2014. The 49-count federal indictment, unsealed Thursday in U.S. […] [...]

Corrections Commissioner Epps resigns due to apparent federal investigation

JACKSON — Mississippi’s corrections commissioner suddenly resigned yesterday in the face of an apparent federal investigation. Christopher Epps had led the state prison system for 12 years. Gov Phil Bryant named Deputy Commissioner Richard McCarty as the interim leader of the state prison system until a permanent commissioner is selected. Epps did not return a […] [...]

Judge: Homeowners eligible to share damages in Chinese drywall case

NEW ORLEANS — A federal judge has ruled that nearly 4,000 homeowners who say Chinese drywall ruined their homes are eligible to share any further damages he may award in lawsuits against Taishan Gypsum Co. Ltd., a government-owned manufacturer that failed to show up in court. Notices of U.S. District Judge Eldon Fallon’s order were […] [...]

Court ruling on Section 42 leaves taxpayers on hook for tax repayments

JACKSON — While some 14 Mississippi counties owe Section 42 housing developers millions in over-charged taxes, Hinds County’s taxpayers are not exposed to such refunds as the tax assessor has levied assessments according to the state law. Tax Assessor Charles Stokes said Hinds County taxpayers can rest assured his office has calculated property taxes appropriately. […] [...]

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 tax collections grew 5 percent last budget year

JACKSON — Mississippi tax collections continued growing strongly in the just-concluded budget year, posting another year of 5 percent growth and ensuring that money will be available to help improve local roads and bridges. State Department of Revenue figures show general fund tax receipts grew to a record $5.25 billion in the 2014 budget year, […] [...]

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 […] [...]

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