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 Raise LTV Ratio for Refinancing

Washington, DC, July 2, 2009--Fannie Mae and Freddie Mac said they will begin refinancing mortgages with loan-to-value ratios of as much as 125 percent as the administration seeks to increase participation in its anti-foreclosure programs.

CCA Designers Earn LEED Credentials

Alexandria, VA, July 2, 2009--Commercial Carpets of America announced two additional members of its staff have been certified with the credentials of LEEP AP.

Factory Orders Jump in May

Alexandria, VA, July 2, 2009--U.S. factory orders jumped in May by the largest amount in nearly a year, further evidence that the nosedive in manufacturing is nearing an end.

WONZ Adds Creative Accents Area Rugs

California City, CA, July 2, 2009--Creative Accents Area Rugs will carry the Wools of New Zealand brand on four collections of rugs, the company announced.

Carpetright Sees Profits Slide 72%

Carpetright Sees Profits Slide 72%

London, England, July 2, 2009--Carpetright has reported a 72% slump in annual profits, saying it has been hit by both the weakness in the housing market and the wider recession.