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Posts Tagged ‘mortgage’

Ex-judge to be sentenced for mortgage scam

GREENWOOD — Former Greenwood attorney and judge Bobby Fisher will be sentenced tomorrow for his role in a mortgage scam. The Greenwood Commonwealth reports Fisher is to appear before U.S. District Judge Henry T. Wingate in Jackson. In January 2006, Fisher and former real estate agent Jim Pruett pleaded guilty to a scheme of falsifying mortgage application [...] [...]

Trustmark opens loan office in Birmingham

by MBJ Staff Published: October 25,2011

Tags: banking and finance, Banks, financial institutions, homeowners, homes, houses, loans, mortgage, real estate

JACKSON — Trustmark National Bank recently expanded its mortgage division by opening a loan production office in Hoover’s Chase Corporate Center in Birmingham, Ala. “Alabama fits perfectly into our plans to extend Trustmark’s mortgage footprint from the solid customer base we have established during the last 20 years,” said Breck Tyler, Trustmark’s executive vice president of [...] [...]

FNC joins Asset Valuation and Marketing

by MBJ Staff Published: September 14,2011

Tags: home loans, homes, houses, mortgage, real estate, residences

OXFORD — Mortgage technology company FNC Inc., creator of the Collateral Management System (CMS) recently joined with Asset Valuation and Marketing (AVM) as a new client. The Grand Junction, Colo.-based AVM produces valuations that reflect up-to-the-minute asset conditions. AVM president Tami Rund, said, “FNC’s stellar industry reputation and outstanding service standards are a perfect match for our [...] [...]

State’s foreclosure actions up and down

by Associated Press Published: August 11,2011

Tags: bank, banking and finance, financial institutions, foreclosure, homeowners, homes, houses, mortgage, real estate

ACROSS MISSISSIPPI — Home foreclosure actions in Mississippi rose in July from the previous month, but were down from a year ago, according to a national foreclosure tracking firm. Irvine, Calif.-based RealtyTrac said 359 housing unit were targeted for some sort of foreclosure action last month — and all of those homeowners were at the end [...] [...]

Foreclosures prove mixed bag in Magnolia State

by Associated Press Published: January 27,2011

Tags: economy, foreclosures, housing, mortgage

ACROSS MISSISSIPPI — As the national home foreclosure crisis spread out of its initial hotspots, foreclosure activity fell last year in Jackson, while rising sharply in Gulfport-Biloxi, a national tracking firm said Thursday. Irvine, Calif.-based RealtyTrac said that nationally, foreclosure filings for homeowners increased in 72 percent of the 206 metropolitan areas it surveyed. Those filings [...] [...]

Survey: Mississippi has lowest mortgage rate in U.S.

by Wally Northway Published: January 13,2011

Tags: banking and finance, economy, homes, housing, loans, mortgage, real estate

ACROSS MISSISSIPPI — Average mortgage rates fell week-over-week, but the decrease is expected to be short-lived, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average home loan rates available within the LendingTree network of lenders. On Jan. 11, average home loan rates offered by LendingTree network lenders were 4.97 percent [...] [...]

Report: Foreclosures tumbled in state in November

by Associated Press Published: December 16,2010

Tags: foreclosures, housing, mortgage

ACROSS MISSISSIPPI — Foreclosure actions against Mississippi homeowners in November dropped 16 percent from October — a seasonal trend likely pushed farther by delays stemming from questions about the legality of some proposed seizures, a national foreclosure tracking group said today. Irvine, Calif.-based RealtyTrac said 431 properties in Mississippi were the target of some sort of [...] [...]

Community Bank buys Mortgage Consultants

by Wally Northway Published: September 8,2010

Tags: banking and finance, mergers and acquisitions, mortgage, real estate

FLOWOOD — Community Bank has purchased Mortgage Consultants Inc. of Flowood for an undisclosed sum. Mortgage Consultants is a privately-held mortgage company. The 20-year-old business was the highest-rated company in Mississippi in terms of growth for 2002, and ranked 29th overall in the nation, according to Broker Magazine. Community Bank will be combining its mortgage operations with [...] [...]

VA offering assistance to veterans impacted by oil spill

MISSISSIPPI GULF COAST — Veterans in the Gulf States impacted by the recent oil spill may qualify for delayed mortgage payments if their mortgages are already guaranteed by the Department of Veterans Affairs (VA). Secretary of Veterans Affairs Eric K. Shinseki said that several mortgage companies have already announced plans to waive late payment charges and [...] [...]

U.S. mortgage rates continue freefall

by Associated Press Published: August 20,2010

Tags: mortgage, real estate

WASHINGTON — Mortgage rates have fallen to the lowest level in decades over the past two months and could dip below 4 percent if the economy worsens. The average rate for 30-year fixed loans fell this week to 4.42 percent, mortgage buyer Freddie Mac said yesterday. It was the eighth time in nine weeks that rates [...] [...]

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