Foreclosure Activity Declines in July
Irvine, CA, Aug. 9, 2012 -- Overall foreclosure activity declined 3% in July compared with June, according to tracking firm RealtyTrac.
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.
Shaw Hardwoods Get FSC Certification
Dalton, GA, Aug. 9, 2012 -- Shaw Industries said that its hardwood division has earned Forest Stewardship Council Chain of Custody Certification.
Hardwood Makers Increase Lumber Purchases
New York, NY, Aug. 8, 2012 -- U.S. residential flooring manufacturers increased their lumber purchases, but several have not received as much as they wanted, according to Woodworkingnetwork.com.
Mortgage Delinquencies Rise in Second Quarter
Washington, DC, Aug. 9, 2012 -- Mortgage delinquencies rose in the second quarter to a seasonally adjusted rate of 7.58% of all mortgages, according to the Mortgage Bankers Association.
Shaw Certified in NWFA Procurement Program
St. Louis, MO, Aug. 8, 2012 -- The National Wood Flooring Association said that Shaw Industries’ hardwood division has become certified under the NWFA’s Responsible Procurement Program.
WFCA Seeks Hall of Fame Nominations
Anaheim, CA, Aug. 8, 2012 -- The World Floor Covering Association is accepting applications for nominations to the Floor Covering Industry Hall of Fame.
Percentage of Delinquent Homeowners Declines
New York, NY, Aug. 8, 2012 -- The percentage of U.S. homeowners who have fallen behind on their payments has dropped to a three-year low, according to credit reporting agency Transunion.
Home Price Declines Not Over, Fiserv Says
New York, NY, Aug. 8, 2012 -- Fiserv is predicting that home prices nationwide won't hit bottom until next spring, despite improvement in many markets this year.
Mortgage Application Volume Falls Last Week
Washington, DC, Aug. 8, 2012 -- Mortgage application volume fell last week 1.8% as interest rates for 30-year fixed-rate mortgages moved up, according to the Mortgage Bankers Association.
Gibson Guitar Fined Over Lacey Act Violation
Washington, DC, Aug. 7, 2012 -- Gibson Guitar Corp. of Nashville, Tennessee will pay a fine of $300,000 for violation of the U.S. Lacey Act.