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Mortgage

Mississippi Home Corporation to Host Financial Health Workshop

Hattiesburg, MS - February 12, 2010 - (RealEstateRama) — The Mississippi Home Corporation (MHC) will host a Financial Health Workshop on Thursday, February 25, 2010 at the Jackie Dole Sherrill Community Center, 220 West Front Street in Hattiesburg. MHC will host the free workshop from 4:00 p.m. until 7:00 p.m. The workshop will be particularly helpful for individuals who are worried about losing their home, are having trouble making ends meet, who believe they have a mortgage that is unfair, or simply want to learn how to manage their finance better. Attendees will have the opportunity to meet trained counselors who can review their finances, find other programs that can over assistance, and learn how to avoid financial pitfalls in the future.

Former Madison County Real Estate Investor Charged in Mortgage Fraud Scheme

JACKSON, MS - September 11, 2009 - (RealEstateRama) — United States Attorney Stan Harris, Federal Bureau of Investigation Acting Special Agent in Charge Stephen F. Gomez, Federal Deposit Insurance Corporation - Office of Inspector General Special Agent in Charge Thomas C. McDade, and Madison/Rankin County District Attorney Michael Guest announced today that a federal grand jury has returned a six count indictment against Earline Y. Rawls in connection with a fraudulent mortgage loan scheme. The indictment charges Rawls with one count of conspiracy to commit bank fraud and six counts of bank fraud.

Mississippi Home Corporation Announces Availability of $25 Million to Fund Mortgages Statewide

First Issue of 2009 Reflects Easing Credit Environment. Jackson, MS - August 19, 2009 - (RealEstateRama) — The Mississippi Home Corporation (MHC) has opened the reservation lines for its $25 million 2009A bond issue, and funds are available to qualified applicants through participating lenders.

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.