by MBJ Staff Published: July 6,2012
Tags: collateral, home, homeowner, homeownership, house, land, management, mortgage, property, real estate, value
OXFORD — Valued Veterans, a service disabled veteran-owned appraisal management company (SDVOSB) serving the mortgage finance industry, will use mortgage technology company FNC Inc.’s flagship. FNC reports Valued Veterans joins more than 80 other U.S. financial institutions currently using FNC’s Collateral Management System (CMS). Terms were not disclosed. “Many of the big box banks have [...] [...]
by Associated Press Published: July 3,2012
Tags: embezzlement, fraud, home, house, housing, housing authority, judge, judicial, judiciary, mortgage, sentence, sentencing
GREENVILLE — The former director of the South Delta Regional Housing Authority will be sentenced Aug. 2 in federal court in Aberdeen. WABG-TV reports sentencing will be at 10 a.m. before U.S. District Judge Glen H. Davidson. Ann Jefferson was convicted in March on two counts of embezzlement, two counts of obstruction of justice and [...] [...]
RIDGELAND — Fitch Ratings has revised the rating watch status for Old Republic International Corporation (ORI) and its insurance company subsidiaries to “negative” from “positive” following the company’s announcement to withdraw the spin-off of Republic Financial Indemnity Group Inc. (RFIG). Fitch had most recently placed the ratings on rating watch positive March 23 after ORI’s [...] [...]
by Associated Press Published: October 31,2011
Tags: attorneys, banking and finance, Banks, courts, financial institutions, home loans, homeowners, homes, houses, judges, lawyers, loan fraud, mortgage, real estate, Realtors, residences, scam, scheme, sentencing
GREENWOOD — Former Greenwood attorney and judge Bobby Fisher will be sentenced tomorrow for his role in a mortgage scam. The Greenwood Commonwealth reports Fisher is to appear before U.S. District Judge Henry T. Wingate in Jackson. In January 2006, Fisher and former real estate agent Jim Pruett pleaded guilty to a scheme of falsifying [...] [...]
JACKSON — Trustmark National Bank recently expanded its mortgage division by opening a loan production office in Hoover’s Chase Corporate Center in Birmingham, Ala. “Alabama fits perfectly into our plans to extend Trustmark’s mortgage footprint from the solid customer base we have established during the last 20 years,” said Breck Tyler, Trustmark’s executive vice president [...] [...]
OXFORD — Mortgage technology company FNC Inc., creator of the Collateral Management System (CMS) recently joined with Asset Valuation and Marketing (AVM) as a new client. The Grand Junction, Colo.-based AVM produces valuations that reflect up-to-the-minute asset conditions. AVM president Tami Rund, said, “FNC’s stellar industry reputation and outstanding service standards are a perfect match [...] [...]
ACROSS MISSISSIPPI — Home foreclosure actions in Mississippi rose in July from the previous month, but were down from a year ago, according to a national foreclosure tracking firm. Irvine, Calif.-based RealtyTrac said 359 housing unit were targeted for some sort of foreclosure action last month — and all of those homeowners were at the [...] [...]
ACROSS MISSISSIPPI — As the national home foreclosure crisis spread out of its initial hotspots, foreclosure activity fell last year in Jackson, while rising sharply in Gulfport-Biloxi, a national tracking firm said Thursday. Irvine, Calif.-based RealtyTrac said that nationally, foreclosure filings for homeowners increased in 72 percent of the 206 metropolitan areas it surveyed. Those [...] [...]
ACROSS MISSISSIPPI — Average mortgage rates fell week-over-week, but the decrease is expected to be short-lived, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average home loan rates available within the LendingTree network of lenders. On Jan. 11, average home loan rates offered by LendingTree network lenders were 4.97 [...] [...]
ACROSS MISSISSIPPI — Foreclosure actions against Mississippi homeowners in November dropped 16 percent from October — a seasonal trend likely pushed farther by delays stemming from questions about the legality of some proposed seizures, a national foreclosure tracking group said today. Irvine, Calif.-based RealtyTrac said 431 properties in Mississippi were the target of some sort [...] [...]
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