Bank of America Corp., the second- biggest U.S. lender, will buy back $330 million of home loans from Freddie Mac, the mortgage company seized by the government, after flaws were found in how they were created.
Sales of newly built, single-family homes rose 3.3 percent in April to a seasonally adjusted annual rate of 343,000 units, according to newly released data from HUD and the U.S. Census Bureau.
Novita Communications, the PR firm for Sant'Agostino. has released a statement on the manufacturer which was severely impacted by a powerful earthquake in Italy.
Shaking off a prolonged impact from the recession, fundamentals are gradually improving in all of the major commercial real estate sectors, according to the National Association of Realtors quarterly commercial real estate forecast.
CCA Global Partners announces that Howard Brodsky, co-founder, chairman, and co-CEO of CCA Global Partners has been named the 2012 Business Leader of the Year by Business NH Magazine.
Mullican Flooring of Johnson City, Tenn., has decided to introduce Välinge’s 2G mechanical locking systems on its engineered wood flooring and has signed a global, non-exclusive license agreement to use the patented technology with Fold Down installation.
FCICA, the flooring contractors association, announced that its Mid Year 2012 meeting will take place Wednesday through Friday, Oct. 3-5, at the Marriott Shoals Hotel and Spa in Florence, Ala.
The next two decades in housing markets depends largely on the echo boomers, according to panelists at the “Shifting Demographics and Housing Choice: A Whole New World?” session during the recent Realtors 2012 Midyear Legislative Meetings & Trade Expo.