HUD reinstates nonprofit’s affordable housing grants after appeal

Nonprofit housing organization Enterprise Community Partners announced that the U.S. Department of Housing and Urban Development (HUD) has reversed a decision to terminate nearly $10 million in technical assistance funding, reinstating two key federal agreements tied to affordable housing efforts. The restored Community Compass and Distressed Cities agreements allow the Cleveland-based nonprofit to...

Reverse mortgage industry descends on California for first NRMLA event of 2025

Reverse mortgage professionals are preparing to travel to Irvine, California, for the industry’s first event of the year, hosted by the National Reverse Mortgage Lenders Association (NRMLA). The association’s Western Regional Meeting is a one-day affair on Tuesday, April 29, that will aim to offer attendees a closer look at the current dynamics of the industry — including some discussion about the...

ESG team at Fannie Mae has been terminated: sources

The environmental, social, and governance (ESG) team at Fannie Mae has reportedly been dismissed in its entirety, according to multiple sources who spoke with HousingWire. Laurel Davis, who served as a senior vice president and head of the company’s mission and impact, was reportedly included in the cuts, alongside the rest of the ESG team’s staff, the sources said. One source said the staffers...

NAR Reports Existing Home Sales Tumble in March, Hit 16-Year Low

According to the National Association of Realtors (NAR), U.S. existing-home sales fell in March 2025, with declines observed across all four major regions. Compared to March 2024, sales were down in the Midwest and South, up in the West, and unchanged in the Northeast. Market Overview Total existing-home sales -- which include single-family homes, townhomes, condominiums, and co-ops -- dropped 5.9% from...

Real Brokerage fires CFO, names Ravi Jani as successor

The Real Brokerage has named Ravi Jani as its new chief financial officer. His appointment is effective immediately and follows the departure of former CFO Michelle Ressler, who was terminated amid an ongoing internal investigation. Jani, who joined Real in September 2023 as vice president of investor relations and financial planning and analysis, steps into the role as the company experiences...

Keller Williams lands new affiliate in Illinois

Keller Williams is continuing to expand its network. On Thursday, the firm announced the affiliation of Illinois-based PRG Group with KW Premiere Properties. PRG Group, which was doing business as Realty Executives Premiere, was a franchisee of Wheaton, Illinois-based Realty Executives International. According to a news release, PRG Group sold 277 units in 2024, generating $130 million in sales...

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