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.

Fannie, Freddie Suspend Foreclosure Sales

Washington, DC, Feb. 17, 2009--Fannie Mae and Freddie Mac said they will suspend foreclosure sales involving occupied single-family and two- to four-unit residential properties through March 6.

Obama To Unveil Mortgage Aid Plan Today

Washington, DC, Feb. 18, 2009--President Barack Obama today will present a $50 billion plan to slow a surge in home foreclosures that will subsidize cuts in mortgage payments for millions of struggling borrowers.

Brockway Carpets Supporting Shetland Wool

Birmingham, England, Feb. 17, 2009--Kidderminister’s Brockway Carpets is helping to sustain the traditional industry of the Shetland Islands by using the natural textile for a new range of 100 percent wool carpets.

NRF Seeks Overturn of 'Same as Cash' Ban

Washington, DC, Feb. 17, 2009 – The National Retail Federation has asked Congress to overturn recent Federal Reserve regulations that would effectively ban popular “same-as-cash” offers made by retailers.

IVC Named Carpet One's Partner of Year

Dalton, GA, Feb. 16, 2009--Vinyl manufacturer IVC US was named Carpet One's Partner of the Year at the recent Carpet One Winter Convention at the Gaylord Texan Resort in Irving, Texas.