Posts Tagged ‘residence’

Court rules against Greenwood councilwoman; must give up office

GREENWOOD — The Mississippi Supreme Court has ruled Greenwood City Councilwoman Dorothy Glenn must give up her office. The Supreme Court sided yesterday with a tribunal that ruled Glenn did not live in Ward 5 when she ran for office in 2013. However, the Supreme Court overturned an order of a special election in the […] [...]

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 […] [...]

Concerns still high about possible flood insurance hikes

GREENVILLE — Henry Nathaniel has escaped the rising tide of flood insurance costs for now, but he’s still worried. The retired 70-year-old owns a 1,650-square-foot house valued at less than $50,000 on Greenville’s north side. He was already paying a relatively steep $550 a year to the National Flood Insurance Program. Then he got a […] [...]

Home repairman violates court order, gets jail time

BAY ST. LOUIS — A Hancock County resident has been incarcerated based on the revocation of his 2012 false pretenses conviction, according to Attorney General Jim Hood. Brad Dale Strong, 34, of Bay St. Louis was brought before Circuit Judge John Gargiulo in Hancock County by the Mississippi Attorney General Office’s Consumer Protection Division. Strong […] [...]

Congress passes bill that eases flood insurance premium hikes

WASHINGTON — Less than two years after passing major legislation aimed at reforming the government’s much-criticized flood insurance program, Congress yesterday sent President Barack Obama a bill to scale back many of the resulting big flood insurance premium increases faced by hundreds of thousands of homeowners. The measure would also allow below-market insurance rates to […] [...]

Cochran supports House’s version of flood insurance bill

WASHINGTON, D.C. – U.S. Sen. Thad Cochran (R-Miss.) is praising the passage of legislation in the House of Representatives that, like a Senate-passed bill he helped write, would protect homeowners, businesses and communities from unreasonable flood insurance premiums without jeopardizing the stability of the National Flood Insurance Program (NFIP). Cochran said the Homeowner Flood Insurance […] [...]

Report: Mississippi only state to see drop in home prices

IRVINE, Calif. — CoreLogic has released its January CoreLogic Home Price Index (HPI) report, and it shows that Mississippi is the only state to show a depreciation in home prices. Home prices nationwide, including distressed sales, increased 12 percent in January 2014 compared to January 2013. This change represents 23 months of consecutive year-over-year increases […] [...]

RE/MAX: Winter storms chill U.S. home sales

DENVER — As the result of unusually strong winter storms, January home sales fell lower while prices continued a trend of double-digit increases, according to the RE/MAX National Housing Report. Winter storms that impacted many regions of the country caused numerous delays or cancellations of closings, bringing home sales 7.1 percent lower than one year […] [...]

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