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Inside Tract

National credit default rate rises in October (access required)

The first-mortgage default rate rose for the third consecutive month in October, to 0.96 percent, according to the Standard & Poor’s/Experian Consumer Credit Default Indices. The second-mortgage default rate, however, declined to 0.47 percent. The national composite consumer credit default ...

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American Engineering acquires Va. company (access required)

CHARLOTTE – American Engineering Associates of Charlotte has acquired Engineering Services Inc., a Virginia Beach, Va.-based design and survey company. Financial terms of the agreement weren’t disclosed. American Engineering said its newly expanded staff has experience serving public-sector clients in ...

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