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.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










