by Associated Press Published: February 18,2013
Tags: bill, home, home inspection, home inspecvtor, house, land, legislation, legislative, legislator, property, real estate, residence, state government
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 [...] [...]
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 [...] [...]
by Associated Press Published: February 8,2013
Tags: build, builder, building, building material, construction, contractor, court, decision, drywall, home, house, judge, justice, law, legal, residential real estate, ruling
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 [...] [...]
by Associated Press Published: February 8,2013
Tags: appeal, bench, court, crime, decision, federal government, fraud, fraudulent, home, house, judicial, judiciary, justice, law, legal, loan, mortgage, real estate, residential, ruling, scam, scheme
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. [...] [...]
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 [...] [...]
by Associated Press Published: January 28,2013
Tags: construction, court, crime, criminal, damage, fraud, home, homebuilder, homebuilding, homeowner, house, hurricane, judge, judicial, justice, law, legal, prison, repair, residential real estate, sentence, strom
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 [...] [...]
by Associated Press Published: January 28,2013
Tags: city government, construction, higher education, homebuilder, homebuilding, house, municipal, municipality, permit, real estate, residence, residential real estater, single family home, student, university
OXFORD — A new report shows the number of permits issued for single-family homes in Oxford more than tripled in 2012, jumping from 61 in 2011 to 224 in 2012. Chris Carter, building inspector for the city, tells the Oxford Eagle much of the increase was due to student-geared housing developments with cottages that are [...] [...]
by Associated Press Published: January 24,2013
Tags: cleanup, contaminate, contamination, environment, federal agency, home, homeowner, house, manufacture, manufacturer, manufacturing, plant, pollutant, pollution, public health, reisdence, residential real estate, state agency, wildlife
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 [...] [...]
by Associated Press Published: January 16,2013
Tags: bank, banker, banking, board of supervisors, bond, county government, default, elected official, finance, financial institution, health care, hispital, home, homeowner, homestead exemption, house, mill, millage, public official, residence, resident, supervisor, tax, taxpayer
NATCHEZ — Natchez Regional Medical Center wants to take Adams County’s taxpayers off the hook as cosigners for its revenue bond. The Natchez Democrat reports the Mississippi Development Bank in 2006 required the hospital to show collateral before it would reissue the revenue bond. Adams County pledged a 5-mill standby tax that would not be [...] [...]
by MBJ Staff Published: January 15,2013
Tags: home, homeowner, house, law enforcement, loan, mortgage, real estate, residence, resident, residential real estate, settlement
JACKSON — Attorney General Jim Hood is reminding Mississippians that all claims applications covered by the National Mortgage Settlement are due Jan. 18. The State of Mississippi joined 49 other states in a $25-billion joint state-federal mortgage servicing settlement with the nation’s five largest mortgage servicers over unacceptable mortgage servicing practices. Mississippi was awarded $47.1 [...] [...]
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