Mortgage Loan Losses Increase, MBA Says
Washington, DC, Oct. 7, 2008--U.S. mortgage companies lost an average $560 on every loan originated in 2007 as operating expenses rose, the Mortgage Bankers Association said on Tuesday.
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.
Consumers Cut Back on Spending in September
New York, NY, Oct. 7, 2008--U.S. shoppers cut back on spending across the board in September .
Tile Contractors See Attendance Increase at Event
Jackson,MS, Oct. 7, 2009--The National Tile Contractors Association (NTCA) held its most successful Total Solutions conference to-date Sept. 18-20.
Wicanders Gets NeoCon Green Star Award
Hanover, MD, Oct. 6, 2008--Amorim and its Wicanders brand of cork oak flooring have been chosen to receive the inaugural Interior Design NeoCon Green Star Award.
Wear-Dated's Whittemore To Address WSFCA
Kennesaw, GA, Oct. 7, 2008--Wear-Dated carpet’s Christine Whittemore will present “How to Improve Your Retail Shopping Experience” to the Washington State Floor Covering Association.
Laticrete Donates To Atlanta Habitat House
Bethany, CT, Sept. 8, 2008--Laticrete donated a pallet of Greenguard certified materials in July to the Atlanta Habitat for Humanity.
Goldman Sachs Sees Deeper Recession Ahead
New York, NY, Oct. 6, 2008--The U.S. recession will be "significantly deeper" than economists at Goldman Sachs previously thought, the company predicted Friday in a research note.
Arborcraft Signs Gilford Flooring Distributors
Johnson City, TN, Oct. 6, 2008 – Arborcraft Floors said that Gilford Flooring Distributors is the new distributor for its Harris Wood brand in Indiana, Ohio and Kentucky.
Couristan Recognized for Low Rug Return Rate
St. Louis, MO, Oct. 6, 2008--For the third consecutive year, Couristan Inc. has been recognized by Home Decorators Collection for having the lowest return rate in the catalog’s entire area rug category.
Oil Prices Hit Eight-Month Low on Economic Worries
Singapore, Oct. 6, 2008--Oil prices fell to an eight-month low below $90 a barrel on speculation that the spreading financial crisis will exacerbate a global economic slowdown and cut demand for crude oil.