American InfoSource LP (AIS), a diversified, global financial services firm based in Houston, opened a 20,000-square-foot facility near Dallas, Texas.

As the housing industry mends, younger Americans are expressing greater confidence in the market, according to results from Prudential Real Estate's Q2 outlook survey. Of the 2,600 millennials surveyed in Q2, 71 percent said their perception of the housing market is favorable, up from 65 percent in Q1. In 2011, only 52 percent of Americans aged 25 to 34 held a favorable perception of the real estate market.

MCT Trading, Inc. (MCT), a risk management and advisory services company, was named among the Top 100 fastest-growing companies by the San Diego Business Journal.

Turns out, when the Justice Department announced triumphs of the Distressed Homeowner Initiative in October 2012, the numbers were largely overstated. In an updated press release Friday, the Justice Department announced the initiative actually resulted in 107 criminal defendants charged in U.S. District Courts in Fiscal Year 2012 (October 1, 2011 to September 30, 2012), not the 530 first reported. The corrected release also stated the cases involved more than 17,185 homeowner victims, while the original numbers reported the cases included more than 73,000 homeowner victims.

In May, the total for completed short sales climbed higher month-over-month for the GSEs, while the number of foreclosure sales declined, the Federal Housing Finance Agency (FHFA) revealed in a report last week. Together, Fannie Mae and Freddie Mac completed nearly 9,100 short sales in May, up 14 percent from April. However, completed short sales declined from around 11,440 in May 2012. Completed foreclosures far out numbered short sales in May, at about 17,800 in May, but the figure represents a decrease from 19,735 foreclosures in April and 24,588 a year ago.

Freddie Mac recently celebrated 20 years of providing multifamily financing to support affordability. During the 20-year period, the GSE has backed the multifamily market through $300 billion in apartment funding for 60,000 properties.

Out of 163 metro areas across the country, 31 percent experienced double-digit annual home price gains in the second quarter, according to a report from the National Association of Realtors (NAR). During the second quarter last year, only 14 percent of markets showed double-digit yearly increases. Overall, 87 percent of the metro areas tracked saw median prices for existing-homes rise compared to last year, while 12 percent experienced declines, NAR data showed.

Wolters Kluwer Financial Services announced the integration of its flood determination solutions into the Calyx Network.

RealtyTrac announced the newest member to its RealtyTrac Network (RTN), a network of leading independent and franchised brokerage companies. Prudential Utah Real Estate, with 15 offices and more than 400 agents covering nine counties in northern Utah, was selected to join the exclusive network.

RE/MAX Associates of Dallas is now under new ownership. Chuck Fleischer acquired the RE/MAX office in Richardson, Texas.