Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts-based brokerage Jordan Real Estate (JRE). The financial terms of the deal were not disclosed. William Raveis — a top-ranked brokerage serving the Northeast, Florida and South Carolina — has made…
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The Mortgage Bankers Association (MBA) on Thursday published a proposal for Ginnie Mae to develop a new mortgage securitization product. The association said it would boost the availability of private capital liquidity sources into the market, particularly in periods of stress for the U.S. economy. The proposal is presented by the trade group in the…
Travis Kessler will retire from his role as CEO and president of the Texas Association of Realtors. The organization also announced that executive vice president Mike Barnett will succeed Kessler effective April 1, 2025. Kessler, a 48-year real estate industry veteran, served as Texas Realtors’ CEO and president for 14 years. Jef Conn, the trade…
The U.S. Department of Justice (DOJ) is not playing around when it comes to the National Association of Realtors (NAR), which petitioned the U.S. Supreme Court to look at an appeals court ruling allowing the DOJ to reopen its investigation into the trade group. In a filing submitted on Wednesday, the DOJ states that it…