Construction News Today — September 30, 2026
Austin Moyer moves Rochester team to Engel & Völkers and more — today's construction signal.
The real estate and construction landscape is seeing significant shifts, from brokerage changes to regulatory updates and emerging players in the mortgage space. In a notable brokerage move, Austin Moyer has relocated their Rochester team to Engel & Völkers, indicating ongoing consolidation and realignment within the industry. Meanwhile, a judge's decision to deny Zillow's motion to dismiss an antitrust lawsuit could have far-reaching implications for the real estate tech giant and its business practices.
In the mortgage sector, there's been a flurry of activity with West Capital Lending expanding its team with the addition of Michael Cecero and 33 others, while Elio Mortgage has launched with $5.1 million in preseed funding, signaling growth and investment in new mortgage platforms. The Federal Housing Finance Agency has also announced that Fannie Mae and Freddie Mac will use a single loan-level price adjustment grid for both FICO and VantageScore, streamlining the mortgage process. However, outside of these business developments, concerns about housing affordability and financial pressures on senior homeowners are coming to the fore, with a Longbridge survey highlighting the impact of inflation and housing costs on this demographic.
Today's signal:
• Austin Moyer moves Rochester team to Engel & Völkers (housingwire.com)
• Judge denies Zillow’s motion to dismiss antitrust lawsuit (housingwire.com)
• FHFA says Fannie, Freddie will use one LLPA grid for FICO and VantageScore (housingwire.com)
• West Capital Lending hires Michael Cecero and 33-person team (housingwire.com)
• Elio Mortgage launches with $5.1M preseed funding (housingwire.com)
• Inflation and housing costs are squeezing senior homeowners, Longbridge survey finds (housingwire.com)