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Tag Archives: Mississippi Real Estate Commission

Short sales invite fraud

Perhaps with the end of the nation’s housing crisis, a previously seldom-heard term — the short sale — will go away. And with its departure, banks will be relieved of the short sale frauds that investigators with federal mortgage guarantor Freddie Mac say costs lenders nationwide hundreds of millions of dollars a year. Mississippi hasn’t had any prosecutions of short ...

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Cumbest appointed chairman

Mark Cumbest, broker-owner of Cumbest Realty Inc., has been elected chairman of the Mississippi Real Estate Commission. This is his second time to serve as chairman since he was first appointed to the Commission by Gov. Haley Barbour in 2005. Cumbest is the Mississippi Real Estate Commission representative from the 4th Congressional District. He is a member of the Association ...

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Leaving the arena

As many as 100 Mississippi real estate pros giving up licenses each month The sustained slump in Mississippi’s real estate market is leading 100 licensed real estate professionals a month to quit the business, state licensing records show. Just making it by the day is the key, one broker said. “We only eat what we kill. And if we don’t kill ...

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