Commercial Mortgage Lending Falls in Q1
Washington, DC, May 14, 2009--Commercial and multifamily mortgage loan originations continued to drop in the first quarter of 2009, according to the Mortgage Bankers Association’s quarterly survey.
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Oil Consumption Projected To Fall Sharply in '09
Paris, France, May 14, 2009--Oil consumption is projected to fall this year at the fastest pace since 1981 due to the world economies, the International Energy Agency said Thursday as it made new cuts to its forecast for crude demand.
Schilling Retiring from Tandus After 23 Years
Dalton, GA, May 13, 2009--After 23 years, senior vice president Lee Schilling is retiring from Tandus.
Retail Sales Off in April, Led by Home Furnishings
Washington, DC, May 14, 2009--Retail sales fell 0.4% in April from March, the Census Bureau said.
Vinyl Maker Parterre in Green Industrial Facility
Brooklyn, NY, May 14, 2009 – Luxury vinyl maker Parterre Flooring is headquartered at the Brooklyn Navy Yard, which has become the nation’s first multi-story green industrial facility.
Foreclosures Level Off But Still Hit Record
Irvine, CA, May 14, 2009--Foreclosure filings leveled off last month after climbing steadily for more than a year, according to a report released by RealtyTrac.
Couristan Hires Western Residential Sales Manager
Fort Lee, NJ, May 14, 2009--Area and accent rug supplier Couristan has hired Andy Kuehnel as its western regional manager for the residential division.
Builder Cuts Prices in Half in NC Neighborhood
Hillsborough, NC, May 14, 2009--The state of the homebuilding market is causing some companies to take drastic action.
More Buyers, Fewer Refinancers, Says MBA
Washington, DC, May 14, 2009--Mortgage application volume fell to the lowest level since mid-March, as refinancing dipped. However, applications to purchase homes rose slightly, the Mortgage Bankers Association said.
Wholesale Prices Rise More Than Expected
Washington, DC, May 14, 2009--Wholesale prices rose more than expected in April as the biggest jump in food costs in more than a year offset a second monthly decline in the price of energy products.