BNP Residential Properties Inc., Charlotte, N.C., has reported the resignation of B. Mayo Boddie, its longtime chairman of the board, and the election of Philip S. Payne, chief financial officer and director, to replace him.The real estate investment trust said Mr. Boddie, who had been chairman since the company's inception in 1987, has been named chairman emeritus and will continue to serve on the board. He resigned to "scale back on his work-related commitments," the REIT said. Mr. Payne will continue to serve as CFO. BNP, an umbrella partnership REIT, can be found online at http://www.bnp-residential.com.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
6h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
9h ago -
While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
11h ago -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
11h ago -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11