American Land Title Association
Home  >  News Room
News Room


SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software


North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.


HOMS Trading Halted Again

February 14, 2002

Nasdaq Stops Trading Of Homestore Shares, Pending Receipt Of Additional Info


Inman News Features

The Nasdaq Stock Market halted trading in shares of HomeStore.com this morning. Trading initially was halted at 9:10 a.m. EST for "news pending" at a last sale price of 72 cents. The halt status subsequently was changed to "additional information requested."

Trading will remain halted until the company satisfies the additional information request.

Nasdaq previously halted trading of HOMS on Dec. 21, when the company told Nasdaq and the Securities and Exchange Commission its audit committee was conducting an internal inquiry into certain of the company's accounting practices. Trading resumed on Jan. 7 after Homestore provided additional information that had been requested at that time.

The company last month announced its intention to restate its financial statements for the first three quarters of last year by a preliminary estimate of $54-$95 million. The company today announced it also will restate earnings for 2000.

Copyright: Inman News Service



Print Friendly


How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
Copyright © 2004-2015 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment