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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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









