by MBJ Staff Published: December 17,2012
Tags: commercial, home, house, index, industrial, land, mortgage, office space, property, real estate, report, residence, resident, residential, value
OXFORD — U.S. property values continue to show signs of improvement, in line with indications of continued expansion in economic activity and better employment rates in recent months, according to FNC’s latest Residential Price Index (RPI). Favorable developments in the housing sector, including declining foreclosure activities and rising home sales, have contributed to the continued [...] [...]
by Associated Press Published: November 15,2012
Tags: agency, error, exemption, home, homeowner, homestead, house, mistake, mortgage, real estate, residence, resident, state government
JACKSON — The Mississippi Department of Revenue has found mistakes in 36,000 homestead exemption filings. MDR officials tell The Clarion-Ledger it found cases where people were paying too little, too much or — in most instances — enjoying the tax break a deceased elderly or disabled relative formerly received. MDR officials credit the discovery of [...] [...]
by Associated Press Published: October 31,2012
Tags: contract, employee, expansion, home, homeowner, house, housing, job, land, lend, lending, loan, mortgage, payroll, property, real estate, residence, resident, residential, technology, work, worker
OXFORD — A Mississippi software firm will add at least 100 jobs thanks to a Brazilian contract. FNC, which makes software to streamline mortgage lending, said it would do work for Cetip, a Brazilian firm that holds financial securities for others. FNC’s software will help Brazilian banks manage documents, cut costs and help original lenders [...] [...]
by MBJ Staff Published: October 25,2012
Tags: land, magazine, media, mortgage, property, publication, rank, ranking, real estate, technology, technology company
OXFORD — FNC Inc. has earned recognition as one of the world’s top 100 financial tech companies. The FinTech 100, sponsored by American Banker and Bank Technology News, is an annual ranking of the top technology providers to financial services companies worldwide. FNC CEO Bill Rayburn said receiving the FinTech 100 designation is a point [...] [...]
by MBJ Staff Published: October 16,2012
Tags: home, home price, house, index, mortgage, real estate, residence, resident, residential, technology
OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. property values continue to rise. Home prices reached a 20-month high following a “robust” spring/summer home-buying season, FNC reports. In August, home prices rose for the sixth consecutive month, consistent with signs of strengthening market conditions that are led by rising existing-home sales and declining [...] [...]
by Associated Press Published: October 15,2012
Tags: broker, commission, fraud, home, house, investigation, land, law, license, mortgage, property, real estate, residentce
SOUTHAVEN — The Mississippi Real Estate Commission has suspended DeSoto County developer Chuck Roberts’ broker’s license for a year after finding he violated state real estate laws during a land deal with the city of Southaven. The Commercial Appeal reports the commission entered into an agreement with Roberts. The commission said it launched the investigation [...] [...]
by Associated Press Published: October 12,2012
Tags: court, executive search, federal government, home, homeowner, house, housing authority, kickback, low income, mortgage, prison, prisons, real estate, residence, resident, sentence, trial
LELAND — A committee looking for a new leader for the South Delta Regional Housing Authority has narrowed the field of 95 applicants down to five. It plans to present the top three candidates to the board in coming months. SDRHA board attorney Kelly Hardwick tells the Delta Democrat Times there is no timetable to [...] [...]
by Associated Press Published: October 5,2012
Tags: appeal, bank, banking, bench, broker, conviction, court, decision, finance, financial institution, fraud, guilty, home, homebuyer, house, judge, judicial, judiciary, justice, mortgage, real estate, residence, residential, ruling, sentence, sentencing
JACKSON — A federal appeals court has upheld the conviction of former mortgage broker Michael Persac Persac and former broker Jason Ellis were convicted in 2011. They were both ordered to prison and were ordered to forfeit more than $3 million and pay more than $781,000 in restitution. A three-judge panel of the 5th U.S. [...] [...]
by MBJ Staff Published: September 26,2012
Tags: appraisal, appraise, COST, federal government, home, home price, homeowner, homeownership, house, mortgage, patent, real estate, residence, technology, value
OXFORD — FNC Inc.’s Appraisal Score has received a U.S. patent (U.S. Pat. No. 8,244,563), making it the first patented appraisal review tool, according to the technology company. “Critics of the American appraisal process say the process is broken and they’re looking to new government regulations to fix the problem. But we’ve already developed the [...] [...]
by Associated Press Published: September 13,2012
Tags: Askew Hargraves Harcourt & Associates Inc., bench, bond, embezzlement, federal government, home, homeowner, house, housing, housing authority, incarceration, judge, judicial, judiciary, low-income housing, mortgage, prison, public funds, tax, witness tampering
GREENVILLE — The former executive director of the South Delta Regional Housing Authority has reported to a federal prison in Illinois to begin a 32-month prison sentence for embezzlement. The Delta Democrat Times reports U.S. District Court Judge Glen H. Davidson denied a request from Ann Jefferson that she remain free on bond while her [...] [...]
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