Posts Tagged ‘housing’

Housing authority looking to cut workweek to four days

LELAND — The director of the South Delta Regional Housing Authority is proposing a four-day workweek for employees. The Delta Democrat Times reports Patricia Logan presented the idea to SDRHA’s board. Logan wants to switch the agency’s 30 employees to a 10-hour-a-day, four-day-a-week schedule from the current five eight-hour days. Logan says the agency’s budget […] [...]

Ex-housing director pleading guilty to conspiracy to embezzle

SHELBY — The former director of a nonprofit housing agency has agreed to plead guilty to charges against her and testify against an ex-state employee. Linda Balducci of Shelby pleaded guilty last week before U.S. District Judge Michael Mills to one count of conspiracy to embezzle money. Court papers show that Balducci also will testify […] [...]

Realtors report better prices, sales in metro Jackson

JACKSON — The housing market is looking up in central Mississippi. The Clarion-Ledger reports that statistics from the Jackson Association of Realtors show higher prices and faster sales than a year ago. Board president Dorothy Thompson says people finally seem convinced they’ve survived the worst of the recession and can again make big-ticket purchases. The […] [...]

Homebuilders, foresters optimistic about 2013

While there is still a long way to go to full recovery, two Mississippi industries – homebuilding and forestry – are expecting another bounce-back year in 2013. “There certainly is no housing boom going on,” said Marty Milstead, executive vice president of the Home Builders Association of Mississippi. “Some of our members are very, very […] [...]

With storms already brewing, Chaney urges insurance

JACKSON — Mississippi Insurance Commissioner Mike Chaney says people should review insurance policies as part of storm preparations as hurricane season approaches. Chaney says in a news release that most insurance companies won’t accept new applications after a designated hurricane or named storm enters the Gulf of Mexico. He says such a storm could develop […] [...]

After complaints, city retooling rental housing code

AMORY — The City of Amory is redrafting a rental housing code to combat what officials say is blight and deterioration that many residents feel not only bring property values down, but signals a decline in the quality of living. “Rental housing is just one area of our problems, but we are focusing on it […] [...]

Property owner settles housing discrimination lawsuit

MAGEE — The U.S. Department of Justice says a Mississippi company will pay a $27,000 settlement in a housing discrimination lawsuit. M.M. and S. Inc. agreed, according to a press release, to pay $20,000 to a family for refusing to rent a home to them, and a civil penalty of $7,000 to the United States. […] [...]

Mortgage tech company goes global with Brazilian office

OXFORD — FNC Inc., a mortgage technology company, took its operations global this week, officially opening an office in Sao Paulo, Brazil. Last fall, Sao Paulo-based Cetip — Latin America’s largest depository of fixed income securities — selected FNC to deliver a comprehensive collateral management solution for the Brazilian mortgage industry. “We at Cetip are […] [...]

Index: Property values continued their rebound into 2013

OXFORD – The latest FNC Residential Price Index (RPI) indicates that U.S. property values continued to recover through January — the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing recovery is increasingly widespread, according to the Oxford-based mortgage technology […] [...]

Former contractor’s federal bank fraud trial rescheduled

SOUTHAVEN — Former Southaven city contractor James Malcolm Harris Jr., who has business ties to Mayor Greg Davis and was recently indicted on bank fraud charges, has had his federal trial reset for Sept. 9. Harris’ attorney, David Hill, asked the court to delay a March 4 trial, saying they needed more time to prepare […] [...]

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