Mortgage Lending in Britain Mirrors U.S.
London, England, Nov. 20, 2008--Mortgage lending in Britain was down 44 percent in October compared to a year ago, the Council of Mortgage Lenders said Thursday.
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HUD Expands Program for Troubled Mortgages
Washington, DC, Nov. 20, 2008--The federal government announced plans Wednesday to modify a program to make it easier for troubled homeowners to exchange problematic mortgages for more inexpensive ones.
Company Invents Containers for Carpet Recycling
Wood River, IL, Nov. 20, 2008--NICA Corp. believes it has a better way to recycle carpet.
Atlas Carpet Updates Website
Los Angeles, CA, Nov. 20, 2008– Atlas Carpet Mills has updated its website at atlascarpetmills.com.
Housing Starts, Permits, Fall To New Lows
Washington, DC, Nov. 19, 2008-- Housing starts and permits, two key measurements of home construction, hit record lows in October, the Commerce Department reported Wednesday.
Beaulieu's Nexterra Gets New Zealand Certification
Adairsville, GA, Nov. 19, 2008--Beaulieu Commercial's Nexterra Carpet Tile has been awarded the Environmental Choice Certification of New Zealand
AIA Billings Index Falls to Record Low
New York, NY, Oct. 19, 2008--The Architecture Buildings Index of U.S. nonresidential construction activity fell to the lowest level in its 13-year history.
Shaw To Contract Some Calhoun Plant Functions
Calhoun, GA, Nov. 18, 2008--Shaw Industries said Tuesday it will change production at a Calhoun plant, resulting in 125 job cuts, according to the Dalton Daily Citizen newspaper.
Mortgage Applications Fall Despite Lower Rates
Washington, DC, Nov. 19, 2008--Mortgage applications fell a seasonally adjusted 6.2% last week from the prior week, even as interest rates moved lower, according to the Mortgage Bankers Association.
Consumer Prices Fall by Record Amount in October
Washington, DC, Nov. 19, 2008--U.S. consumer prices fell by the steepest amount since records were tabulated in 1947, the Labor Department reported Wednesday.