Hines is moving to its next generation of leadership, naming Adam Hines co-CEO alongside Laura Hines-Pierce effective Jan. 1, 2027.Jeff Hines will move from co-CEO to chairman and step back from day-to-day management. David Steinbach will become the global real estate...
The U.S. Department of Agriculture and Department of Housing and Urban Development have signed a memorandum of understanding aimed at reducing overlapping federal requirements affecting housing development and homeownership.The agreement, announced Sept. 29,...
A newly introduced U.S. Senate bill would amend federal wage law to clarify the employment status of qualified real estate agents and direct sellers.S. 5646 was introduced Sept. 30 and referred to the Senate Committee on Health, Education, Labor and Pensions. The...
The Loan Store has changed its name to Averra Financial, giving one of the nation’s largest wholesale mortgage lenders a new identity after several years of rapid expansion.The Tucson, Arizona-based company announced the change Oct. 1 and said the Averra name took...
A federal jury has convicted two defendants in a nationwide fraud scheme that sought more than $13 million from federal programs, including housing funds intended to assist homeless and vulnerable Americans.The U.S. Attorney’s Office for the Northern District of New...