Business Blog

Foreclosures, late mortgages declined across state in December

Foreclosure rates in Jackson and Mississippi as a whole have decreased for the month of December over the same period last year, new data from CoreLogic shows. California real estate research firm CoreLogic data reveals that the rate of Jackson area foreclosures among outstanding mortgage loans was 2.41 percent for December 2011, a decrease of [...]

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Jackson sees dip in foreclosures, tardy mortgage payments

Foreclosure rates and mortgage delinquencies in Jackson have decreased for the month of November over the same period last year, newly released data from real estate research firm CoreLogic shows. CoreLogic reported the rate of Jackson area foreclosures among outstanding mortgage loans was 2.37 percent for November, compared to November of 2010 when the rate [...]

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CoreLogic survey shows Jackson foreclosures dropped in August

Foreclosure rates in Jackson decreased in August over the same period last year, according to CoreLogic, a California real estate research firm. The CoreLogic data shows that the rate of Jackson area foreclosures among outstanding mortgage loans was 2.22 percent for August, a decrease of 0.06 percentage points compared to August of 2010 when the [...]

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Public land in Delta impacted by river flood 

Every year, hunters flock to the Delta to take advantage of some of the best public hunting land in the state offered by the Mississippi Department of Wildlife, Fisheries & Parks’ wildlife management areas (WMAs) and the U.S. Fish & Wildlife Service’s Theodore Roosevelt National Wildlife Refuge Complex. This year, however, hunters are wondering if [...]

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Dissent gets New York AG booted from foreclosure investigative panel 

New York Attorney General Eric Schneiderman just couldn’t play nice with his fellow attorneys general in their quest to settle with America’s largest banks and mortgage companies over flawed foreclosures. Iowa Attorney General Tom Miller kicked Schneiderman off the 13-member executive committee of attorneys general he chairs after the New Yorker raised too many objections [...]

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Absent distress sales, Jackson home prices would show rise 

Metro Jackson foreclosure rates are up and home prices are down, though one tracker of the relationship between foreclosures and home prices says that price declines in Jackson and nationwide are mostly occurring in the distressed segment of the market. California real estate research firm CoreLogic reports foreclosures in the Jackson area increased 0.48 percentage [...]

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Chief adviser for new finance bureau wants to get tough on faulty foreclosures 

By Ted Carter A strong and functioning consumer financial protection bureau as envisioned by the Dodd-Frank banking reform law could have prevented the current mortgage foreclosure fiasco, says Elizabeth Warren, a Harvard University law school professor appointed by President Obama to oversee development of the new Consumer Financial Protection Bureau. Writing in a Miami Herald [...]

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