Craig Macnab, chief executive officer of National Retail Properties Inc., Orlando, Fla., has been appointed to the additional post of chairman of the board. Mr. Macnab succeeds Clifford R. Hinkle, who will remain on the board as lead director. Mr. Macnab joined the real estate investment trust in February 2004. The company also announced that Dennis Gershenson has been appointed to the board. Mr. Gershenson currently serves as president, CEO, and chairman of Ramco-Gershenson Properties Trust, a shopping center REIT. National Retail Properties can be found online at http://www.nnnreit.com.
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There's broad support for the effort to reduce costs and processes, but the Appraisal Institute warns about reducing property valuation quality control checks.
June 24 -
Foundation had introduced Version 3 of its credit risk model, using the most recent delinquency data, to improve loan performance predictions.
June 24 -
Fannie Mae's conservator is supporting the government-sponsored enterprise's test within certain boundaries, according to a recent social media post.
June 24 -
The Senate Banking Committee is slated to consider Christopher Phelen to be the chair of the Council of Economic Advisers on Thursday. Phelen has said in past academic papers that fractional reserve banking is "highly problematic."
June 24 -
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The bureau said the move is intended to remove potentially confusing language with an upcoming revision to the Equal Credit Opportunity Act.
June 24








