Commercial/Multifamily Mortgage Debt Grows
Washington, DC, Sept. 23, 2008--The level of commercial/multifamily mortgage debt outstanding grew by 1.5 percent in the second quarter.
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Washington, DC, Sept. 23, 2008--The level of commercial/multifamily mortgage debt outstanding grew by 1.5 percent in the second quarter.
Washington, DC, Sept. 24, 2008--Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors.
Montmagny, Quebec, Canada, Sept. 1, 2008 - Mercier Wood Flooring has appointed Fred Hack sales representative for the Mid-Atlantic territory.
Seattle, WA, Sept. 24, 2008--The Professional Bowlers Association said it’s signed a three-year sponsorship deal for a “multimillion-dollar” amount with Lumber Liquidators, according to the Puget Sound Business Journal.
Washington, DC, Sept. 23, 2008--Key Democrats and Bush administration officials agreed Monday to include mortgage help for stressed homeowners in the proposed $700 billion financial bailout package.
London, England, Sept. 23, 2008--Carpetright Plc had its shares slide as much as 7.1 percent in London trading after saying it remains ``cautious'' on the outlook for the year because of deteriorating financial and housing markets.
Miami, FL, Sept. 23, 2008--Lennar Corp. said cost cutting helped narrow its loss in the third-quarter, but revenue fell by more than half.
Lancaster, PA, Sept. 23, 2008--Armstrong World Industries Inc. CEO Michael D. Lockhart has been elected to the board of freight railroad operator Norfolk Southern Corp.
Dalton, GA, Sept. 22, 2008—Mohawk is taking nominations for its first GreenWorks Dealer of the Year Award.
Wilmington, DE, Sept 23, 2008--DuPont's CEO Charles Holliday Jr., announced Tuesday that he is stepping down after 10 years in which he changed the company into a science-based products and services company.