Simon Turner has been named president of global development at Starwood Hotels & Resorts Worldwide Inc., White Plains, N.Y. Starwood said Mr. Turner has "extensive experience in global hotel development and investment management, as well as expertise" in various areas, including hotel acquisitions and dispositions. Before joining Starwood, Mr. Turner spent more than 10 years as a principal for Hotel Capital Advisers Inc., a hotel investment advisory and asset management firm, Starwood said. Before 1996, he was a director of investment banking at Salomon Brothers. Starwood can be found online at http://www.starwoodhotels.com.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
August 11 -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
August 11 -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
August 11 -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
August 11 -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
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