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RISMEDIA, February 16, 2009-Chase has marked the official opening of its new homeownership center as it announced the locations of three similar centers in the Los Angeles, Orange and San Bernardino County areas to help families struggling with their mortgage payments.
By the end of the month, the company states, Chase plans to have nine centers …


Site Reports Spike in Traffic for Searches in Troubled Markets


RISMEDIA, February 13, 2009-Homes.com, a division of Dominion Enterprises, is celebrating its 10th anniversary with record website traffic for January 2009. Compared to one year ago, unique visitors to the site this January increased 33.4 percent to more than 3.1 million.
“Over the last 10 years, Homes.com has grown through all types of economic environments by …


Bankruptcies Expected in Coming Months for Some of the Nations Biggest Homebuilders


RISMEDIA, February 12, 2009-Based on a review of the 33 U.S. homebuilders with more than $10M in revenue, more than 30 percent are in financial distress and in danger of filing for bankruptcy, according to an analysis by Grant Thornton Corporate Advisory and Restructuring Services.
“It’s striking when you see just how much cash flow has …


House Approves Revised Stimulus, Again without Republicans


Senate expected to approve later Friday
RISMEDIA, February 16, 2009-(MCT)-The House of Representatives Friday voted 246 to 183, almost entirely along party lines, to jolt the nation’s struggling economy with a $787.2 billion stimulus package designed to provide quick tax relief and create or save 3.5 million jobs.
Senate passage was expected later Friday, and President Barack …

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