OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values declined in January, in spite of continued economic expansion and an improving job market in recent months. The latest persistent downtrends are driven primarily by conditions in the distressed market, which remains overwhelmed by the disposal of foreclosed and REO properties. [...] [...]
PASS CHRISTIAN — Two Pass Christian officials say that residents in a proposed annexation area in Harrison County would benefit from city services and discounts on insurance. The Sun Herald reports the trial in which Pass Christian is attempting to annex 5.4 miles of the Pineville-Cuevas community in the county is expected to last two [...] [...]
by Associated Press Published: March 26,2012
Tags: courts, disaster recovery, flood, flooding, homeowners insurance, homes, houses, hurricanes, insurance, judges, judicial, judiciary, justices, l homeowners, natural disaster, severe weather, tropical weather, Weather
JACKSON — The Mississippi Supreme Court has denied motions to reconsider its ruling last December that overturned a judgment for an insurance company in a wind vs. water case. The case involved a Pascagoula home hit by 6.3 feet of storm surge during Hurricane Katrina in 2005. Both the homeowners and Nationwide Mutual Fire Insurance [...] [...]
by MBJ Staff Published: March 22,2012
Tags: damage, death, disaster, disaster recovery, disaster response, emergency, fatality, flooding, floods, homes, houses, natural disaster, power lines, rain, severe weather, storms, tornadoes, trees, Weather, wind
ACROSS MISSISSIPPI — Emergency management officials in Holmes County say severe weather may be to blame for one death in Lexington after a tree fell on a home late yesterday afternoon. According to the Mississippi Emergency Management Agency, five counties so far have reported damage from severe weather that moved across Mississippi yesterday. Damage reports [...] [...]
by Associated Press Published: March 21,2012
Tags: homebuyers, homes, houses, investigastion, real estate, residences, tax, tax filing, tax preparation, tax returns, taxpayers
COLUMBUS — The Justice Department is seeking to shut down a tax preparer, who runs a business in Columbus. Yesterday, federal prosecutors said they filed a federal civil injunction suit to bar Cynthia H. Carter from preparing federal tax returns for others. Prosecutors say Cynthia’s Tax Service prepares returns for customers who report false income [...] [...]
by Associated Press Published: March 19,2012
Tags: appeal, courts, homes, houses, housing, housing authority, judge, judicial, judiciary, real estate, trial
LELAND — The former director of the South Delta Regional Housing Authority is asking a federal judge to acquit her in a fraud case or grant a new trial. Ann Jefferson was convicted March 7 in federal court in Aberdeen on two counts of embezzlement, two counts of obstruction of justice and three counts of [...] [...]
OXFORD — Mortgage technology company FNC Inc. can now provide its clients access to historical building permit data as the result of a partnership with BuildFax. “Amid a shifting real estate market and ever-changing regulations, FNC’s collateral-focused data coupled with the building permit intelligence of BuildFax can provide needed solutions to help mortgage professionals make [...] [...]
by Associated Press Published: March 14,2012
Tags: bills, building codes, construction, flooding, floods, hail, homeowners, homeowners insurance, homes, houses, hurricanes, insurance, law, lawmakers, legislation, legislative branch, legislators, Legislature, rain, residences, severe weather, state government, tornadoes, tropical weather, Weather, wind
JACKSON — The Mississippi House passed a bill yesterday to require insurance companies to offer discounts on costly hurricane coverage in five southern counties, including three on the Coast. Discounts are required by July 2013. They would go to single-family homes and some manufactured homes for meeting strong-house standards in the current building code, those [...] [...]
MONTICELLO and LAWRENCE COUNTY — Monticello and Lawrence County have achieved new fire insurance ratings. Officials tell the Daily Leader the city has new rating of six and the county had an eight. The ratings came from the state. Monticello Fire Department Capt. Jared Evans says a class six rating will lower insurance costs to [...] [...]
by Associated Press Published: March 7,2012
Tags: builders, building, construction, fees, home builders, home building, homes, houses, municipal government, ordinances, real estate, residences, residential real estate, residents, zoning
PETAL — The Petal Board of Aldermen has voted to amend the official zoning ordinance for the city, hoping to make it easier for building in the city. Mayor Hal Marx said the goal is to make it easier for people to go through the approval process and cut fees. The Hattiesburg American reports one [...] [...]
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