Mortgage

Mississippi Home Corporation to Host Foreclosure Prevention Workshops Statewide

Counseling Provided for Those in Danger of Foreclosure
Jackson, MS—Mississippians facing foreclosure will have the opportunity to talk to experts and seek help at a series of foreclosure prevention workshops being held statewide at the end of July.

HUD ACCEPTS $350 MILLION MISSISSIPPI PLAN TO PRODUCE THOUSANDS OF AFFORDABLE HOUSING UNITS FOR WORKING FAMILIES

Mississippi will solicit bids to build approximately 12,000 homesWASHINGTON – U.S. Housing and Urban Development Secretary Steve Preston today accepted a $350 million plan by the State of Mississippi to produce thousands of affordable housing units for working families who continue to experience a chronic housing shortage in the State.

EastGroup Properties Announces $200 Million Credit Facility and $78 Million Mortgage Loan

Jackson, Mississippi, January 7, 2008– EastGroup Properties (NYSE-EGP) announced today a new four-year, $200 million unsecured revolving credit facility with a group of seven banks which was arranged by PNC Capital Markets LLC. The interest rate on the facility is based on the LIBOR index and varies according to debt-to-total asset value ratios, with an […]

Lawmakers may revise mortgage laws in state

 JACKSON -Lawmakers will be asked to revise Mississippi’s mortgage laws in the wake of a subprime lending crisis that is leading to a record number of foreclosures across the nation.