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Leo Pareja Takes Over as AGNT CEO as Founder Glenn Sanford Remains Chairman

Leo Pareja Takes Over as AGNT CEO as Founder Glenn Sanford Remains Chairman

by John G. Stevens | Oct 8, 2026 | Industry Updates, News, Real Estate News

Glenn Sanford has stepped down as chief executive of AGNT, the publicly traded parent of eXp Realty, handing the job to Leo Pareja while retaining the chairmanship of the company he founded in 2009. The leadership change announced Thursday takes effect immediately....
eXp Realty and Newrez Form Revenos Mortgage Joint Venture for 2027 Launch

eXp Realty and Newrez Form Revenos Mortgage Joint Venture for 2027 Launch

by John G. Stevens | Oct 8, 2026 | Industry Updates, Mortgage Information, News, Real Estate News

eXp Realty and Newrez announced a mortgage joint venture Thursday that would put a large nonbank lender’s origination and servicing platform behind one of the country’s biggest real estate agent networks, with operations planned to begin in early 2027. The...
Century Communities Buys HistoryMaker, Tripling Dallas-Fort Worth Footprint

Century Communities Buys HistoryMaker, Tripling Dallas-Fort Worth Footprint

by John G. Stevens | Oct 8, 2026 | Industry Updates, News, Real Estate News, U.S. Housing Market

Century Communities has acquired substantially all of the assets of HistoryMaker Homes, a five-generation Texas builder whose operations are concentrated in Dallas-Fort Worth, giving the publicly traded company three times as many communities in one of the...
Fed’s Musalem Sees More Rate Hikes Over Next Six to Nine Months

Fed’s Musalem Sees More Rate Hikes Over Next Six to Nine Months

by John G. Stevens | Oct 8, 2026 | Industry Updates, Mortgage Information, News

St. Louis Federal Reserve President Alberto Musalem said Thursday that the central bank may need to raise interest rates further over the next six to nine months to return inflation to its 2% target, giving investors a more explicit sense of the period in which he...
Mortgage Rates Reach 7.40%, Highest Since November 2023

Mortgage Rates Reach 7.40%, Highest Since November 2023

by John G. Stevens | Oct 8, 2026 | Industry Updates, Mortgage Information, News

The average U.S. 30-year fixed mortgage rate climbed to 7.40% this week, its highest reading since November 2023, extending a seven-week rise that has sharply increased borrowing costs for homebuyers and narrowed refinancing opportunities for homeowners. Freddie Mac...
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