National industry appointments update - 1/11/2007 – NMP Skip to main content

National industry appointments update - 1/11/2007

Jan 10, 2007

Hancock Bank offers disaster relief loanMortgagePress.comDisaster relief mortgage loans Hancock Bank has announced the availability of a disaster relief construction loan, to assist Gulf South homeowners in repairing or rebuilding homes in localities declared disaster areas by the federal government after hurricanes Katrina and Rita. The Hancock Bank Home Recovery Construction Loan allows a homeowner to borrow up to 103 percent of the appraised value of his home. It requires no down payment and allows for construction periods of up to 187 months, during which borrowers are required to make only interest payments. Hancock Bank is based in Gulfport, Miss. For more information, call (800) 448-8812 or visit www.hancockbank.com.
About the author
Published
Jan 10, 2007
Fed Hike Raises HELOC Costs While Mortgage Rates Stay Near 7%

Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations

Sep 17, 2026
Rocket Raises Conforming Loan Limit To $845K Ahead Of FHFA

The higher limit gives brokers more room to keep borrowers from crossing into jumbo territory

Sep 10, 2026
Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Sep 01, 2026
NEXA, UMortgage Leaders Explain What Drove Acquisition

Kortas relinquishes the CEO title, elevating Casa to co-equal "executive partner"

Aug 31, 2026
Warsh Sees Housing Strain, Keeps Rate Hikes In Play

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Aug 31, 2026
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026