Foreclosure Starts Continue To Fall in February
New York, NY, April 4, 2012 -- The number of homes just entering the foreclosure process fell in February from January and are down about 15% from a year ago, according to Lender Processing Services.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Tandus Hires Retired Marine as Exec. Consultant
Dalton, GA, April 4, 2012 -- Tandus Flooring has named retired Marine Master Sergeant William “Spanky” Gibson as executive consultant.
Services Sector Continues Long Expansion
Washington, DC, April 4, 2012 -- The Institute for Supply Management's services-sector gauge for March fell to 56.0% from 57.3% in February.
Mortgage Applications Jump on Refinancing
Washington, DC, April 4, 2012 -- Mortgage application volume last week rose 4.8% from the prior week as refinancing picked up, the Mortgage Bankers Association said.
More Than 800 Exhibitors Expected at Coverings
Orlando, FL, April 4, 2012 -- Tile and stone show Coverings is heading back to Orlando this April 17-20 and it will feature more than 800 exhibitors on the 300,000- square-foot expo floor.
Mohawk Group Holding Online Competition
Marietta, GA, April 3, 2012 -- The Mohawk Group, in partnership with Designer Pages, is launching In Your Space, a four-round online competition.
Analyst Downgrades Lumber Liquidators
New York, NY, April 3, 2012 -- Analyst Stifel-Nicolaus has downgraded shares of Lumber Liquidators to a "hold" based on the stock valuation.
Centiva Products Get NSF Certification
Florence, AL, April 3, 2012 -- Centiva said its Contour and Victory Series products have received silver certification under the NSF/ANSI-332 Sustainability Assessment for Resilient Floor Coverings.
Factory Orders Increase in February
Washington, DC, April 3, 2012 -- Factory orders rose 1.3% in February after a revised 1.1% decline in January, according to the Commerce Department.
Small Business Lending Stalls in March
New York, NY, April 3, 2012 -- Small business lending was virtually unchanged in March, although it is substantially higher than a year ago, according to the Thomson Reuters/PayNet Small Business Lending Index.