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 $20 billion to lending, philanthropy, and banking access, among other

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

Gateless: Smart Underwrite Smart Underwrite represents a paradigm shift in mortgage lending. Real-time automation of critical underwriting functions, like the evaluation of credit, income, and assets, can drive real-time outcomes, including immediate loan approvals. These cutting-edge solutions interrogate loan data and documentation, instantly, upon receipt. Artificial intelligence, combined with expert

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 digital advertising campaigns from the

Mortgage demand continued to increase last week, as seen in an uptick in purchase activity. Mortgage applications rose by 3.7% in the week ending Jan. 19 compared to one week earlier on a seasonally adjusted basis, per the Mortgage Bankers Association‘s (MBA) weekly mortgage applications survey. “Conventional and FHA purchase applications

Last month, DataDigest explored market experts’ expectations for 2024, with the consensus calling for a moderately better housing market than 2023. But a meeting of the Federal Open Market Committee the following week set off a market frenzy over expectations of interest rate cuts, moving mortgage rates down well ahead