December mortgage delinquencies rise due to calendar effect: ICE

Delinquencies rose in December but the rise is mostly due to the calendar: December ended on a Sunday, so payments made on the last day of the month were credited to January. As a result, some loans appeared temporarily delinquent, ICE noted in its First Look Mortgage Performance report. The nationa
Read MoreTD Bank launches three-year plan to invest $10B in affordable homeownership

New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. The investment represents half of the bank’s three-year Community Impact Plan announced Wednesday, which will direct
Read MoreWhat to do when your buyer wants to make a lowball property offer

Let’s talk about lowball offers. What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer?By definition, a lowball offer is an offer that is significantly bel
Read MoreBright MLS teams up with Collabra Technology

Agents subscribed to Bright MLS now have access to a built-in advertising tool through a new partnership with Collabra Technology, according to an announcement on Tuesday.Through the Bright MLS platform, subscribers will have access to Collabra’s AdBuilder, which lets agents plan and schedule paid d
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