People on the Move: Rayse adds 3 C-level leaders
Agent-client collaborative platform Rayse engages industry veterans as it works to empower real estate professionals; Fannie Mae chief economist stepping down.
Editor's note: As an industry with millions of agents and over 100,000 brokerage companies, new leaders rise to the top every day. Here we highlight executives and other notable leaders who've recently taken on, or stepped away from, roles that influence the residential real estate landscape.
Rayse adds top strategy, revenue and operations leaders
With the real estate industry in a tumultuous place, Rayse is bringing three top leaders into its C-suite: Craig McClelland as Chief Strategy Officer, Ashley Terrell-Kayiran as Chief Revenue Officer, and Robert Jericho as Chief Operating Officer.
"Rayse was founded to solve a critical challenge in residential real estate: the disconnect between the value agents provide and the consumer's perception of that value," said James Dwiggins, co-CEO of Rayse. "With the addition of Craig, Ashley, and Robert to our leadership team, we are more equipped than ever to deliver on our mission."
McClelland brings growth and M&A experience from Better Homes and Gardens Real Estate Metro Brokers and Investment Management Firm Bayview to the CSO role.
CRO Terrell-Kayiran, a veteran of Homeowner.ai, Percy and Constellation Software, is credited with generating nearly $500 million in revenue in her previous roles.
Jericho, as COO, will focus on customer experience adoption of the Rayse platform. He is a veteran of Baird & Warner and other top companies.
Fannie Mae's chief economist to step down
Doug Duncan, SVP and chief economist at Fannie Mae, is leaving after more than 16 years with the influential mortgage-focused enterprise. He will vacate the role later this month, then move on from the company entirely at the end of December.
"It's just time," Duncan told The Chrisman Commentary, a mortgage-focused news site.
During Duncan's tenure with Fannie Mae, he led the enterprise's Economic & Strategic Research (ESR) Group, which won several awards for its accuracy in forecasting. He also served as Fannie Mae's primary source for research and analysis related to demographics and the economic environment, and forecasted activity across housing, mortgages and the economy at large.
Before joining Fannie Mae, Duncan was SVP and chief economist at the Mortgage Bankers Association for more than 15 years.
Mark Palim, Fannie Mae deputy chief economist since 2016, will step into the chief economist role on Sept. 22.