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Tag Archives: housing bubble

Retirement won’t stop Nations' legacy

Perry Nations, 75, a strong voice for the construction industry for more than 35 years, retired as executive director of Associated General Contractors on Dec. 31, 2012. Two days later, he took a new job as vice president of the Mississippi Construction Education Foundation. “I’m a workaholic,” Nations admits. “It is a challenge to come out here and try to ...

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Refinance activity strong in state as people take advantage of record low rates

The flip side of the housing bubble burst is that interest rates are as low as people are likely to see in their lifetimes. That combined with the government’s HARP II program to help distressed homeowners stay in their homes are reducing mortgage amounts, and contributing to increased revenues at banks. Regions Bank chief financial officer David Turner said the ...

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700 MS homes in foreclosure in 3rd quarter

ACROSS MISSISSIPPI — Lenders took back the property of just over 700 Mississippi homeowners during the third quarter of 2010, a national company that tracks foreclosures reported Thursday. Irvine, Calif.-based RealtyTrac said that although foreclosure action picked up overall, there was a slight decline from August to September. RealtyTrac said that in addition to the repossession of 727 homes, another ...

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