Wells Fargo free to grow again after Fed lifts $1.95T asset cap

Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets.

Redfin shareholders approve Rocket merger at special meeting

With antitrust regulators declining to weigh in, $1.75 billion deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month.

Commission advances keep some agents afloat while sinking others

Commission advance companies are booming as a lifeline for real estate agents who can't afford to wait for closing day. While these services offer financial assistance, they often come with costly strings attached.

Reffkin rails against ‘organized real estate’ at annual Compass retreat

During a keynote address Tuesday, the CEO rallied the firm's agents and staff against Compass naysayers, discussed short-term goals of seller choice and agent listing attribution, and unveiled the latest rendition of Compass AI.