In addition to the 2017 SP200 Main List, we also identify leaders in a few unique groups. For this group, Outside Powers, we acknowledge leaders and government officials who do not derive their primary source of income from residential real estate, but still have a vast sway in the residential real estate industry.
Chairman and CEO
Apollo Global Management
Black founded the private equity giant Apollo Global Management in 1990. With billions of dollars in its coffers, the firm is a major investor in real estate firms like Realogy, in which it held a 17 percent stake before selling in 2013.
Founder and CEO
Perhaps the most well-respected CEO in the U.S., Buffett runs Berkshire Hathaway, whose subsidiary owns the real estate brokerage and franchise giant HomeServices of America. Buffett also lent the Berkshire Hathaway brand to HomeServices’ new franchise brand, Berkshire Hathaway HomeServices.
Housing and Urban Development
President Trump selected famed neurosurgeon and for-mer U.S. presidential hopeful Carson as his nominee for secretary of the U.S. Department of Housing and Urban Development. The HUD secretary oversees programs that facilitate mortgages, affordable housing and the distribution of federal funds for housing.
Consumer Financial Protection Bureau
Although experiencing a big knock to his power in 2016 with a court ruling reversing a judgment against mortgage lender PHH Corp., CFPB Director Cordray still plays a big role in real estate by overseeing his organization’s role in the closing and mortgage process and monitoring RESPA violations.
Chairman, President and CEO
Dimon has been president and CEO of JPMorgan Chase since 2005 and chairman since 2006. As such, he oversees one of the nation’s biggest mortgage lenders.
Emerson is CEO of Quicken Loans, one of the nation’s largest mortgage lenders. The firm kicked off Rocket Mortgage in 2016 with which it aims to streamline the mortgage application process for homebuyers.
First American Financial Corporation
Gilmore leads one of the nation’s largest title insurance and settlement services as CEO of First American Financial Corporation.
Global Head of Real Estate
As head of private equity giant Blackstone’s real estate division, Gray oversees over $102 billion in real estate as-sets worldwide.
Black Knight Financial Services
Sanzone heads Black Knight Financial Services, which provides technology, services and analytics to mortgage lenders, government entities and more. The firm's real estate tech division makes the popular MLS system Paragon.
Timothy J Mayopoulos
President and CEO
Fannie Mae and its president and CEO Mayopoulos play a huge role in residential real estate as the provider of financing to many of the nation's mortgage lenders, helping make homes available to many Americans.
Steven T Mnuchin
Mnuchin is President Trump’s nominee for secretary of the U.S. Department of the Treasury, an important position for real estate and the entire U.S. economy. The U.S. Treasury manages Federal finances and collects taxes among many other core financial roles for the country.
Matthew W Morris
Stewart Information Services Corporation
As CEO of Stewart Information Services Corporation, Morris leads one of the nation’s largest title companies. The firm provides title insurance and related settlement services for real estate and mortgage companies.
Brian T Moynihan
Chairman and CEO
Bank of America
In his more than 20 years at Bank of America, Moynihan has run each of the major customer and client businesses at the bank. As CEO, he oversees approximately 47 million consumer and small business relationships with approximately 4,600 retail financial centers.
Chief of the global media conglomerate News Corp., Murdoch and his firm jumped into U.S. real estate in a big way in 2014 with its purchase of realtor.com operator Move Inc.
Real Estate in British Columbia
After a political and media firestorm in Vancouver in 2016, British Columbia created the superintendent of real estate position to help regulate the real estate industry. Noseworthy is the first appointee.
Timothy J Sloan
Sloan took the helm at Wells Fargo in October after the abrupt retirement of John Stumpf under scrutiny of a sales scandal at the bank under his watch. Wells Fargo is one of the nation’s largest mortgage lenders.
As CEO of News Corp., Thomson is one rung removed from the daily operation of News Corp. subsidiary realtor.com operator Move Inc.
Theodore W. Tozer
Tozer leads Ginnie Mae, which helps stimulate mortgage lending in the U.S. by facilitating the secondary mortgage market.
Melvin L Watt
Federal Housing Finance Agency
Watt leads the Federal Housing Finance Agency, an independent regulator that oversees components of the secondary mortgage market including Fannie Mae, Freddie Mac and banks that generateFederal home loans.
Janet L Yellen
Yellen chairs the board of governors of the Federal Reserve System, the central bank of the U.S., which controls interest rates. As such, it plays a huge role in the cost of mortgages for homebuyers.