by MBJ Staff Published: April 16,2013
Tags: home, house, land, mortgage, mortgage technology, property, real estate, residence, residential real estate, value
OXFORD — The latest FNC Residential Price Index (RPI) indicates that U.S. property values rose again in February, continuing a trend that began in the spring of 2012, which has become widely recognized as the beginning of the housing market’s recovery. In February, the FNC RPI recorded a 28-month high after rising for 12 straight [...] [...]
by MBJ Staff Published: January 14,2013
Tags: demand, home, homeowner, house, index, market, mortgage, price, property, real estate, residence, resident, residential, supply, value
OXFORD — The latest FNC Residential Price Index (RPI) shows that the recovery of U.S. property values has continued through November — the ninth consecutive month of price gains driven largely by rising homes sales and moderate economic growth. An imbalance between rising demand and limited supply continues to be an important factor for sustained [...] [...]
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 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 11,2012
Tags: assessment, county, government, home, house, housing, low income, property, real estate, tax, value
COLUMBUS — Lowndes County is changing how it determines the value of Section 42 low-income house for tax purposes. Tax collector/assessor Greg Andrews tells the Commercial Dispatch the county will start using a “cost” approach. “The cost approach means I measure a house and price it by the square footage and we note whether the [...] [...]
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 [...] [...]
A diverse lineup of companies navigated their way into this year’s Mississippi 100 listing. Some took well-traveled routes to reach the list while others found somewhat less conventional ways to get there. However, they all shared an inhospitable economic climate that added gravity to each decision and step along the way. Some Mississippi companies cut [...] [...]