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Larry E. Thompson to Become FHLBNY Board Chairman

Larry E. Thompson to Become FHLBNY Board Chairman

by Phil Hall | Nov 17, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBNY) announced the election of Larry E. Thompson as chairman of its board of directors. Thompson’s term as chairman will begin on Jan. 1, 2024, and run for two years. He is the former vice chairman of The Depository Trust...
Ray Ferguson Named Board Chairman at PropertyGuru Group

Ray Ferguson Named Board Chairman at PropertyGuru Group

by Phil Hall | Nov 16, 2023 | Industry Updates, News/Current Events, Person of the Week, WRE News Exclusive

PropertyGuru Group Ltd (NYSE: PGRU), a Singapre-based proptech, has announced the appointment by its board of directors of Ray Ferguson as an independent non-executive director and chairman of the board, effective on New Year’s Day. He succeeds Olivier Lim, who has...
Mark Willis Returns as Keller Williams CEO

Mark Willis Returns as Keller Williams CEO

by Phil Hall | Nov 15, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Keller Williams announced the return of Mark Willis as CEO. Willis served as the Austin-based company’s president from 2002 to 2005 and as CEO from 2005 to 2015. He continued to own company franchises after stepping down in 2015 and post-leadership work included the...
Leadership Changes Coming to Fannie Mae

Leadership Changes Coming to Fannie Mae

by Phil Hall | Nov 15, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (FNMA/OTCQB) announced a series of changes within its leadership ranks. President David C. Benson will retire in early to mid-2024. He has been with the government-sponsored enterprise for 21 years and served in a wide range of positions, including interim...
RE/MAX Names Erik Carlson as CEO

RE/MAX Names Erik Carlson as CEO

by Phil Hall | Nov 13, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

RE/MAX Holdings Inc. (NYSE: RMAX), parent company of RE/MAX and Motto Mortgage, named Erik Carlson as its new CEO and a member of its board of directors. Carlson was most recently president and CEO of DISH Network Corp., where he ran the company’s two largest...
Wall Street Journal Profiles FDIC as a Riot of Sexual Harassment and Heavy Boozing

Wall Street Journal Profiles FDIC as a Riot of Sexual Harassment and Heavy Boozing

by Phil Hall | Nov 13, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A new Wall Street Journal profile of the Federal Deposit Insurance Corp. (FDIC) suggests that the regulator needs its own regulator. The article “Strip Clubs, Lewd Photos and a Boozy Hotel: The Toxic Atmosphere at Bank Regulator FDIC” creates the impression of a...
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