Affordable Residential Communities Inc., Denver, has reported the resignation, effective immediately, of George McGeeney as president and chief operating officer of the real estate investment trust.The reason for the resignation was not disclosed. The equity REIT said Scott Jackson, the company's chairman and chief executive officer, has been appointed to the additional post of co-chief operating officer, and vice chairman John Sprengle has assumed the title of president and co-COO. In addition, Lawrence Kreider has been promoted to chief financial officer, the REIT said. ARC, which specializes in manufactured home communities, can be found online at http://www.aboutarc.com.
-
While those electing cash could receive $12.50 per share, UWM's all-stock alternative remains unchanged from the company's initial agreement for Two Harbors.
2h ago -
The changes put out by Fannie Mae and Freddie Mac make it clear the Nov. 2 date applies to valuation submissions to the UDCP, not when the loan is delivered.
7h ago -
The changes include clearer and revamped questions and updated requirements for criminal, regulatory and financial disclosures, the CSBS said.
7h ago -
The letter suggests Mortgage Connect review and end the use of any noncompete or other agreements that aren't necessary and to notify workers of updates.
7h ago -
The Federal Reserve's April financial stability report found that asset valuations remain elevated, even as investors are beginning to demand more compensation for risk amid rising uncertainty around monetary policy.
May 8 -
First American claims Liberty National's owner changed the company's name immediately after a judge held her firm liable for an erroneous wire transfer.
May 8





