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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New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
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GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
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A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
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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.
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