Daniel Dennis named Long and Foster president and CEO
Dennis succeeds Patrick Bain, who is stepping down after 16 years with the company
Property briefs
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NEXA Lending adds top Colorado branch manager Andrew Deyo
The former Rate branch leader cited platform economics and NEXA’s BDM program in his decision to join
Why real estate agents are mentoring college athletes — and getting referrals
Student-athletes receive mentoring and complete requirements to become licensed real estate referral agents
Mortgage Banking Summit: FHFA’s unified LLPA grid for FICO, VantageScore raises investor concerns
Summit participants question how investors will treat VS4-driven MBS pools
HECM broker endorsements for July show the same players dominating the market
Atlantic Avenue topped 1,000 loans on a 12-month rolling total, while endorsements are tracking to have their weakest year since 2003
CMLS CEO Jessica Edgerton urges industry to ‘get messy’ at 2026 Open House
Edgerton also announced a new broker membership tier at CMLS
Austin Moyer moves Rochester team to Engel & Völkers
RealTrends Verified shows 34 sides and $8.44M volume in 2025 for the Greater Rochester-based Moyer
Elio Mortgage launches with $5.1M preseed funding
Motive Partners and Social Leverage led the round, with Elio planning nationwide licensing and LO hiring
Lofty launches MCP server for brokerages
MCP-compatible AI agents can access information from Lofty and other connected sources
Sometimes leaders have to take the stairs
Small, consistent actions can compound when time is limited by market pressure and day-to-day execution
SchoolBot.com hunts for retired schools worth saving
SchoolBot.com finds and scores retired schools for community reuse
PropertyBot.com publishes source-backed Florida property opportunities
PropertyBot.com publishes source-backed Florida property deals
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Vishal Garg regains control of Better’s board after receiving 52% shareholder support
A majority of shareholders backed the removal of five directors, including interim CEO Daniel Lewis, with Better finalizing his successor
Lawmakers float a housing 2.0 push to build faster and cheaper
Bipartisan Build America Caucus sketches housing reform targeting zoning, building material costs and inefficient financing barriers
Daniel Dennis named Long and Foster president and CEO
Dennis succeeds Patrick Bain, who is stepping down after 16 years with the company
Freddie Mac reshuffles risk leadership as Hinduja exits, Glessner steps in
Anil Hinduja’s employment with Freddie Mac ended Oct. 1
Pennymac deploys VantageScore 4.0 across all production channels
The move follows FHFA and HUD guidance that opened conventional and FHA lending to competing credit score models
Why Alex Vidal believes REMAX and Real can be stronger together
He joined after the August close that created Real REMAX Group, with both brands keeping separate identities
White House readies $90 payments to offset Medicare premiums
Payments are expected to be distributed in early October
Global survey: spiraling costs block households’ path to ownership
A Habitat for Humanity survey across 22 countries found that 75% of individuals say they cut expenses in the cost-of-living crisis
Valon raises $150M Series D at $2.3B valuation
The round doubles its prior valuation and brings in new investor Ribbit Capital
Fathom, Bed Bath and Beyond terminate merger
Companies cite share price valuations; Neighborhood keeps tZERO and other digital asset holdings
Compass demands MLSs stop ‘weaponizing’ its data for agent recruiting: SCOOP
In a letter obtained by Inman, Compass raised concerns about MLS data supplied to vendors including Courted, BrokerMetrics and Brokerkit.
New-home sales rise, prices fall, Census Bureau finds
Builders sold new homes at a faster pace in August, according to Census estimates. The agency said the 6.4 percent gain in new-home sales was not statistically significant.
