Travel, real estate, lodging giant Cendant to divide into four companies (Lincoln Journal Star)

Travel, real estate, lodging giant Cendant to divide into four companies (Lincoln Journal Star)
Cendant Corp., the $20 billion-a-year company that owns the Orbitz travel Web site and several hotel and real-estate brands, will split itself into four separate public companies, the conglomerate said Monday.

Survey Finds Majority of Homeowners Pay Principal on Interest-Only Real Estate Loans (Real Estate News)
RISMEDIA, Oct. 25, 2005 Contrary to popular opinion, many American homeowners are making a concerted effort to pay down the principal balance of their interest-only real estate-secured loans -- despite rising gas prices and some signs of declines in consumer confidence.

UM real estate program director calls for progressive development; says people want walkable, urban places to live (Crain's Detroit Business)
The new director of the University of Michigan s real estate certificate program plans to push progressive development, or projects that are both profitable and have positive long-term consequences.