Reckson Associates Realty Corp., Melville, N.Y., has announced the appointment of three new independent directors, including Elizabeth McCaul, a former New York state banking regulator.Ms. McCaul was New York's superintendent of banks from 1997 to 2003. The other two newly appointed directors are Stanley "Mickey" Steinberg, a senior adviser to the Casas, Benjamin & White management consulting firm, and Douglas Crocker II, who was formerly chief executive officer, president, and vice chairman of Equity Residential, the nation's largest apartment real estate investment trust. Reckson, an office REIT, can be found online at http://www.reckson.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









