$9M Lender Settlement for Redlining in Jacksonville
Ameris Bank will settle with the Justice Dept. for $9M because it allegedly didn’t underwrite many mortgages in largely Black and Latino Jacksonville communities.
MBA: Commercial Loans to Drop 46% in 2023
The Mortgage Bankers Assoc. predicts a decline from 2021’s $816B to $442B this year as interest rates keep rising and supply/demand’s future remains murky.
More Californians Bypass Texas and Move to Fla.
Census Bureau: Fla. and Arizona welcomed more relocating Californians last year as Texas numbers dropped. In 2021, 37K moved to Fla.; in 2022, it grew to 50K.
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