Bobby Tesney, a director of Cavalier Homes Inc., Addison, Ala., has been named interim president and chief executive officer of the company. Mr. Tesney succeeds David Roberson, who voluntarily resigned as president, CEO, and director of Cavalier as of Aug. 15. Barry Mixon, a division president of Cavalier at the time of his retirement on Dec. 31, 2007, has agreed to return to the company as executive vice president, Cavalier said. The company's board of directors will engage in a search for a permanent president and CEO.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
7h ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
9h ago -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
10h ago -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
10h ago -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
11h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
August 11









