Mississippi State Real Estate News
Real Estate news for Mississippi State, MS continually updated from thousands of sources.
Saturday Jul 2 | via WDAM-TV Hattiesburg
The Mississippi-based bank has agreed to pay $10.6 million to settle civil charges after being accused of "numerous" discriminatory mortgage lending practices that harmed African-Americans and other minority borrowers. The U.S. Justice Department and Consumer Financial Protection Bureau said in a court filing that BancorpSouth Inc. turned down black home buyers applying for mortgages more often than similar white applicants, or charged them higher rates to borrow under a policy the government described as "explicitly discriminatory." Comment?
May 23, 2016 | via Sunherald.com
Two shopping centers in South Mississippi have new owners and another has new management as the commercial real estate market on the Coast is in a boom. Edgewater Village on Eisenhower Drive was sold last week to Rushmore Properties LLC of Chicago and Stirling Properties was awarded the management contract for Handsboro Square on Pass Road in Gulfport, which is anchored by Rouses Market. Comment?
Dec 19, 2015 | via Washington Times
CoreLogic, based in Irvine, California, announced the purchase Thursday, saying it wants to integrate FNC's real estate appraisal software into its products. "We expect property valuation to be an area of significant future domestic and international growth," CoreLogic CEO Anand Nallathambi said in a statement. Comment?
Dec 18, 2015 | via WDAM-TV Hattiesburg
Fourteen first-time homebuyers who are disabled or elderly will receive financial assistance through a $140,000 Affordable Housing Program grant to the University of Southern Mississippi Institute for Disability Studies. BancorpSouth Bank and the Federal Home Loan Bank of Dallas awarded the grant, which will be applied toward the homebuyers' down payments, closing costs, and mortgage principal. Comment?
Nov 24, 2015 | via WAPT-TV Jackson
Compared to the rest of the country, Mississippians don't make a lot of money, but are quick to donate. But 16 WAPT's Tammy Estwick wanted to know if their hard-earned money is going to the best use, so she asked Charity Navigator , which ranks charities based on how and where money taken in is spent every year. Comment?
27 min ago | via Seeking Alpha
Monthly June data included an increase in the Leading Economic Indicators, and positive housing permits, starts, and existing home sales. My usual note: I look at the high frequency weekly indicators because while they can be very noisy, they provide a good Now-cast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. Comment?
1 hr ago | via Manawatu Evening Standard
It's no good raiding your money box for a deposit if you do not have enough income to satisfy a bank. Want to buy a house? How much you earn may be more of a factor in a bank's decision to lend to you than how much of a deposit you have. Comment?
1 hr ago | via Philly.com
NBC News White House correspondent Kristen Welker will be on familiar turf as Hillary Clinton's campaign arrives here in Welker's hometown for the Democratic National Convention. Thrilled as she is that family and friends will be nearby, "I don't even know if I'll have time to see them," said Welker, who's nevertheless hoping to sneak in time with her fiance, John Hughes, a marketing director for Merck & Co. Comment?
1 hr ago | via Inside Bay Area
As the real estate markets for Fremont and Dublin soar with new home sales, the schools that house all those new students are bursting at the seams and looking to developers for help building classrooms. The state agreed. Comment?
2 hrs ago | via The Indian Express
The effect of liberalisation on the Indian landscape is that story - of the opening up of a socialist, conservative economy that led to the entry of multinational corporations, that opened the purse strings of banks, and gave 25-somethings the dream of owning a home. "I could not get married for many years because I didn't have a house of my own, because no bank would give me a loan. Comment?
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