Former Madison County Real Estate Investor Charged in Mortgage Fraud Scheme
September 14, 2009 Posted by Mississippi RealEstateRama
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.
EastGroup Properties Announces $200 Million Credit Facility and $78 Million Mortgage Loan
January 8, 2008 Posted by Mississippi RealEstateRama
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 […]
