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September 3, 2024
Reston, VA, September 3, 2024 - Guidance Residential CEO Kal Elsayed was announced as a winner of the prestigious 2024 HousingWire Vanguards Award.
The Vanguards honor housing industry executives for outstanding leadership.
"The HousingWire Vanguards award recognizes the most outstanding executive leaders in mortgage and real estate — executives who make a real impact by driving innovation, setting strategic direction, and steering their organizations toward monumental achievements," said Clayton Collins, CEO of HW Media.
The Vanguards represent the "pinnacle of leadership in our industry," said HW Media Editor-in-Chief Sarah Wheeler.
"These extraordinary leaders embody the innovative spirit and resilience crucial for navigating today's dynamic housing landscape," Wheeler said. "Their groundbreaking achievements highlight the profound impact of visionary leadership, making the Vanguards Award a career-defining honor reserved for the very best in our field."
HousingWire said in the announcement that the 2024 Vanguards have led their organizations to greatness while overcoming the challenges the housing economy has faced in recent years.
"These 100 honorees were chosen for their vital contributions to their companies and their dynamic influence in transforming mortgage and real estate," the statement said. Elsayed said he was honored to be selected.
"I am deeply honored to receive the 2024 HousingWire Vanguards Award," he said. "This recognition is a testament to the dedication and innovation of the entire Guidance Residential team. Together, we have navigated challenges and driven meaningful change in the housing industry, always with our customers’ best interests at heart.” He added, "I look forward to continuing our mission of providing exceptional, Shariah-compliant financial solutions that make homeownership a reality for more people." This marks the second time Elsayed has been honored with the Vanguard Award, having previously received it in 2018. His leadership continues to shape the future of Guidance Residential and the broader housing industry.
About HW Media:
HW Media is a leading digital platform and community for real estate, financial services, and fintech professionals to connect, engage, and grow their expertise. Since its establishment in 2016, following the acquisition of HousingWire, HW Media has expanded its reach across the United States. The company is headquartered in Dallas, Texas, with a team of professionals working remotely across the country. For more information, visit www.hwmedia.com.
About HousingWire:
HousingWire is the premier source of news, insights, and analysis for the U.S. mortgage and housing markets. Mortgage, real estate, financial services, and fintech professionals rely on HousingWire to stay ahead of the curve and to gain the information they need to make informed decisions. Learn more at HousingWire or explore our solutions at HousingWire Solutions.
About Guidance Residential
Guidance Residential is the #1 provider of U.S. Islamic home financing, having provided more than $10 billion in financing to more than 40,000 families since 2002.
Its unique Declining Balance Co-ownership Program was created under the guidance of seven globally renowned Islamic scholars and 18 U.S. law firms to ensure it meets strict adherence to legal jurisprudence of the Islamic faith and conforms to U.S. legal and regulatory requirements.
Guidance Residential's Declining Balance Co-ownership Program is based on a partnership model rather than a lender-borrower relationship. Unlike traditional home financing, homebuyers enter an equitable partnership contract and enjoy the benefits of home ownership without compromising faith-based principles.
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