Archive | Banking & Finance RSS feed for this section
Repo man’s delight: Mississippi tops in tardy car payments
Here’s a dubious list that Mississippi leads: Late car payments. The list by credit reporting agency TransUnion is sure to bring anguish to lenders and joy to repo men. TransUnion says an analysis found that Mississippi had the highest auto loan delinquency rate nationwide, with 0.77 percent at the end of the first quarter. This [...]
Continue reading...Mississippi affiliates help Habitat become nation’s 6th largest builder
21. May 2012
Habitat for Humanity affiliates in Mississippi built or fixed up 188 homes in 2011, helping to make Habitat the nation’s sixth largest homebuilder. The Christian-based organization has 40 affiliates in the state and more than 1,500 nationally. “I am profoundly impressed by the ongoing faithfulness, ingenuity and hard work of our affiliates,” said Trey Jones, [...]
Continue reading...Warren Buffett is investing in newspapers …
17. May 2012
Here is some interesting news involving the future of newspapers … Why Warren Buffett Really Likes Newspapers By Devin Leonard on May 17, 2012 When Warren Buffett announced that his company, Berkshire Hathaway, was buying 63 newspapers from Media General on May 17, he issued a soaring statement about his belief in a beaten-down [...]
Continue reading...Community Trust Bank to break ground on 2 local centers
14. May 2012
Louisiana-based Community Trust Bank will break ground on banking centers in Flowood and Madison in late May, with openings for each scheduled for fourth quarter. Community Trust, which has 30 locations in Louisiana, Texas and Mississippi, will finish work on its new Ridgeland banking center by the end of summer, the bank says. The Flowood [...]
Continue reading...Churchill Mortgage makes Mississippi entry with Tupelo location
14. May 2012
Fast-growing Churchill Mortgage will celebrate the grand opening of its first Mississippi location with the grand opening of its Tupelo branch Thursday. The grand opening will be from 3 p.m. to 6 p.m. at 339B East Main St., Suite 1. Churchill, a Nashville, Tenn., company that specializes in loan origination, processing and closing services, turns [...]
Continue reading...Mississippi Realtors joining in DC rally to spotlight homeownership policies
10. May 2012
Realtors from Mississippi and elsewhere across the country will gather in front of the Washington Monument May 17 to express disappointment and frustration with federal home ownership policies. Dubbed “The Rally to Protect the American Dream,” the idea is to assemble a sea of 10,000 blue-shirted Realtors to push Congress and the White House to [...]
Continue reading...American Bankers Association: Compliance costs crushing community banks
10. May 2012
The American Bankers Association warned a House financial services subcommittee Thursday that the cumulative impact of years of added regulations has pushed the nation’s community banks to the tipping point. ABA representatives specially cited dramatically increasing compliance costs – estimated at $50 billion annually — and said they threaten the future of community banks. William [...]
Continue reading...Home values on rise in Jackson, rest of state
8. May 2012
Mississippi home values fared better than much of the nation in March, increasing by 3.7 percent from the same month a year ago, reported California real estate research firm CoreLogic. The 3.7 percent includes distressed sales of single family homes. Excluding distressed sales brought Mississippi’s home value increase to 3,3 percent, according to the CoreLogic [...]
Continue reading...Bryant picks retired banker Jerry Wilson as new banking commissioner
1. May 2012
Retired banker Jerry Wilson of Columbus has been chosen by Gov. Phil Bryant to become Mississippi’s next banking commissioner. Wilson must be confirmed by the state Senate. He would serve a four-year term beginning July 1 as the head of the Department of Banking and Consumer Finance. The department regulates state-chartered banks, thrifts and credit [...]
Continue reading...Stodder — U.S. Export-Import Bank walks the plank
20. April 2012
The Export-Import Bank, a legacy of the New Deal that helps thousands of small businesses and some very large ones compete in foreign markets, teeters on the brink of extinction because it has become a symbol of big government largesse and corporate cronyism. For the bank’s allies, it is a distressing sign of the extreme [...]
Continue reading...- Regions sets debit card fees in bid to offset revenue losses
- Public retirement system study panel urges cost-of-living freeze
- Mississippi Medical Association: 'Personhood' initiative worries physicians
- Are you in poverty if you have an Xbox?
- Cellular South changes name to C Spire Wireless
- (In)justice court?
- CARTER: S.C.’s DeMint tells veterans they don’t deserve job help
- *update* MVSU votes to oust its president
- Incentives part of bid to keep Sears at Metrocenter
- Don’t believe everything you read in the ‘NY Times’
- Cindie Christoffer: hmmmm...
- Leone Royalty: Look, I'm not gonna say that I even think that the...
- NGV Solutions: When you research the supply chain for CNG fueling...
- PA Natural Gas: I also read that Hertz is allowing customers to re...
- RNButler: Because every state has a population of Single Mom...
- Creative economy caught on camera
- Repo man’s delight: Mississippi tops in tardy car payments
- Mississippi affiliates help Habitat become nation’s 6th largest builder
- Vermont takes symbolic stand with first fracking ban
- Recent trends may threaten coaching diversity in college athletics
- Toyota adding 125 jobs at Huntsville, Ala., engine plant
- Warren Buffett is investing in newspapers …
- New president to be named at Delta State University
- Companies in search of venture capital enter ‘Shark Tank’ Tuesday
- Where you @?
23. May 2012
0 Comments