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Archive for June, 2007


AAA Forecasts Record Fourth of July Travel

RISMEDIA, June 29, 2007--Independence Day falls on a Wednesday this year, and while Americans will be adjusting their vacation plans, they will travel nonetheless. AAA estimates that a record 41.1 million Americans will leave home this holiday week (June 29 to July 8), 0.8% more than the 40.8 million who ...


Move, Inc. Investor Day Webcast to Be Replayed Today

RISMEDIA, June 28, 2007--Move, Inc. (NASDAQ:MOVE - News), a media leader in connecting consumers with the when, where and how to move, will replay its webcast of its Investor Day today, Thursday, June 28. ...


Mortgage Profits: How Brokers are Reversing the Subprime Damage

By Desiree French RISMEDIA, June 28, 2007--Turmoil in the subprime mortgage market, what some call a correction or natural adjustment, has cast an air of caution over the lending industry. Gone are the go-go days of excessively layering risks, a practice that has contributed to recent spikes in defaults and foreclosures. Today, tighter credit standards are increasingly becoming the norm at a time when falling home prices, a glut of properties, and higher mortgage interest rates have already combined to dampen home sales. The confluence points to a dip in the revenue streams of mortgage lenders, including realty affiliates


Will iPhone be Worth the iHype?

RISMEDIA, June 28, 2007--(MCT)--For some, it doesn't matter whether Apple's iPhone lives up to the hype -- just as long as they can be the first to show it off to their friends. ...


Realogy Corporation’s Change of Control Offer to Expire on July 3 Without Extension

RISMEDIA, June 28, 2007--Realogy Corporation has announced that its change of control offer for any and all of its outstanding $250,000,000 principal amount of Floating Rate Senior Notes due 2009, $450,000,000 principal amount of 6.15% Senior Notes due 2011 and $500,000,000 principal amount of 6.50% Senior Notes due 2016 (the ...


Realtors Call for Responsible Lending Policies with Increased Consumer Protection

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Beware of Blunders: Top Five Prospective Job Candidate Lies

RISMEDIA, June 28, 2007?Amazingly, many job applicants just don't understand the seriousness of lying to or attempting to hide information from prospective employers. The Society for Human Resource Management estimates


Guess Who’s Looking: Fifty Percent, According to a Prudential Fox & Roach, Realtors Survey

RISMEDIA, June 28, 2007--While the nation's experts ponder positives, negatives and neutrals about the state of the real estate market, Prudential Fox & Roach, Realtors wanted to hear what Greater Philadelphia home buyers and sellers thought about the real estate market during June's National Homeownership Month. ...


Sotheby?s International Realty Network Continues Growth in Mid-Atlantic Region

RISMEDIA, June 28, 2007--To further its strategic growth in the eastern United States? key luxury markets, Sotheby's International Realty Affiliates, Inc. has announced that two leading real estate firms have joined its network. ...


LuxuryRealEstate.com to Host International Gathering of Experts

RISMEDIA, June 28, 2007--From Sept. 29 to Oct. 2, LuxuryRealEstate.com will host the 12th Annual Membership Conference, bringing hundreds of international real estate experts to the Fairmont Hotel Vancouver for one of the largest networking opportunities in the industry. ...


Margaret Arnold Joins Chase Mortgage Team in Plano, Texas

RISMEDIA, June 28, 2007?Chase has announced that Margaret Arnold joined the company as a senior loan officer. ...


New-Home Sales Slide 1.6% in May As Correction Continues

RISMEDIA, June 28, 2007--In the latest indication that the housing market remains in a correction phase, sales of new single-family homes slipped 1.6% in May to a seasonally adjusted annual rate of 915,000 units, according to figures released by the U.S. Commerce Department today. The May sales pace was 15.8% ...


Home Prices Fall at Fastest Rate in 16 Years

By Rex Nutting, MarketWatch ...


Accounting for Bad Lenders: Mortgage Brokers Chafe Over States’ Regulatory Plans

By Lew Sichelman ...


Consumer-confidence Index at 10-Month Low

By Rex Nutting ...



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