Mississippi Business Journal » value

FNC index shows U.S. property values rose again in February

MBJ Staff — Tue, 16 Apr 2013 12:18:46 +0000

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 [...]

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FNC index shows continuing rise in U.S. home prices

MBJ Staff — Mon, 14 Jan 2013 15:36:42 +0000

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 [...]

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FNC index shows improving U.S. property values

MBJ Staff — Mon, 17 Dec 2012 18:08:50 +0000

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 [...]

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FNC: Appraisal Score makes history with patent

MBJ Staff — Wed, 26 Sep 2012 17:05:56 +0000

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 [...]

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County goes to cost-approach policy on Section 42 housing

Associated Press — Tue, 11 Sep 2012 12:35:50 +0000

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 [...]

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Valued Veterans now using FNC’s flagship product

MBJ Staff — Fri, 06 Jul 2012 15:51:59 +0000

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 [...]

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Finding upside in a down economy

Ted Carter — Sun, 16 Oct 2011 06:00:07 +0000

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 [...]

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