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Wells Fargo mortgage oversight case ends in $110 million settlement
Final court approval allows a $110 million Wells Fargo deal, with $100 million for grants and closing cost aid across 50-plus metros.
Maryland overrides municipal zoning on transit development
Maryland’s legislative and executive branches are about to tell cities and counties what they can – and cannot – do with parcels of land sitting next to their rail stations. Gov. Wes Moore is expected to sign the Maryland Transit and Housing Opportunity Act, a bill that overrides local zoning rules near rail transit. It […]
How much higher can mortgage rates go?
Mortgage rates reached 6.75% as the 10-year yield hit 4.68%, with Iran, spreads, and Fed signals driving moves.
December jobs data continues to support lower mortgage rates
December jobs growth slowed to 50,000, keeping mortgage rates near 6% with steady and Trump’s MBS move supporting better spreads.
Sharp decline in mortgage rates revives hopes of a refi surge, LOs say
A modest mortgage rate drop may boost refinancing by 15% to 25%, but lenders caution that activity depends on rates staying low.
Coldwell Banker affiliate adds sales division of Tennessee agency
The integration adds 22 agents to the Coldwell Banker Southern Realty team — doubling the office’s annual volume to just under $100 million.
Equity Union Real Estate expands in California
Equity Union said the new San Luis Obispo office will serve as a base for future expansion along the Central Coast.
