Cousins Properties Inc., an Atlanta-based real estate investment trust, has announced that Tom G. Charlesworth will retire from full-time employment and turn over his duties as chief financial officer to James A. Fleming in the summer.Cousins said Mr. Charlesworth, 55, will continue as executive vice president, chief investment officer, and senior adviser to the president on a part-time basis. He will assist the new CFO on an as-needed basis through the end of the year and then retire from full-time duties, the REIT said. Mr. Fleming, now senior vice president and general counsel, will be named executive vice president and CFO in August. The REIT can be found online at http://www.cousinsproperties.com.
-
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
11h ago -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24 -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
April 24 -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
April 24 -
The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
April 24