by MBJ Staff Published: May 1,2012
Tags: banking, Banks, community development financial insitution, financial institutions, homeowners, homeownership, homes, membership, residences, residential real estate
GULFPORT — Gulf Coast Renaissance Corp. was recently granted membership into the Federal Home Loan Bank of Dallas (FHLB Dallas). According to Renaissance Corp., a nonprofit organization focused on creating affordable homeownership opportunities and stimulating economic development through the small business sector, it is the first non-bank community development financial institution (CDFI) in the state [...] [...]
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. home prices continued to decline despite recent signs of job recovery and rising home sales and new residential construction. The continued price retreat is no surprise as the housing market remains constrained by high volumes of delinquent mortgages and foreclosures. November marks the fourth [...] [...]
MISSISSIPPI GULF COAST — Mississippi Gulf Coast home sales finished 2011 on an upswing, with average sales prices up $8,000 in December and more homes sold than at the end of 2010. The Mississippi Gulf Multiple Listing Service report showed the average sales price of a home in South Mississippi was $124,694 in December. That [...] [...]
by Associated Press Published: January 12,2012
Tags: banking and finance, Banks, bubble, economy, financial institutions, foreclosures, home loans, homeownership, homes, houses, loans, mortages, real estate, recession, residences, residential real estate, residents
ACROSS MISSISSIPPI — The pace of home foreclosures in Mississippi slowed substantially in 2011, following a national trend that may soon be reversed, a national foreclosure tracking firm said yesterday. Irvine, Calif.-based RealtyTrac said that in 2011, 3,172 homes in the state were hit by some sort of foreclosure action. Those range from an initial [...] [...]
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