Lisa A. Payne, chief financial officer of Taubman Centers, has been named to the additional post of vice chairman of the real estate investment trust, and William S. Taubman has been named its chief operating officer.Taubman said Ms. Payne has been its CFO since she joined the REIT in 1997. Before that, she was vice president of Goldman Sachs' investment banking division. Mr. Taubman has been executive vice president of the REIT since 1994. He was previously employed by Oppenheimer & Co. Both executives are members of Taubman's board of directors. The company can be found on the Web at http://www.taubman.com.
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The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
August 13 -
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
August 13 -
The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
August 13 -
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
August 13 -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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