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Learn about how IndyMac Mortgage Services, a division of OneWest Bank, is helping customers experiencing financial hardship through the Home ...

Here's what's in the Senate tax bill - and how it differs from the House's bill

For families with three or more kids, that could mute if not negate any tax relief they might enjoy as a result of other provisions in the bill.

Kills state and local income tax deduction, limits property tax break: Today itemizers may deduct their property taxes as well as their state and local income or sales taxes.

The original Senate bill called for a full repeal of the SALT deduction. But it was amended to preserve an itemized deduction for property taxes but only up to $10,000, which is identical to the House measure.

Expands the child tax credit: The Senate GOP bill increases the child tax credit to $2,000 per child, up from $1,000 today, and above the $1,600 proposed in the House bill.

Senate GOP tax writers would make the credit available for any children under 18, up from today's under-17 age limit. But it reverts to under 17 again in 2025, a year before the increase is set to expire under the bill.

Coldwell Banker partners with Guaranteed Rate Affinity for mortgage originations



MADISON – Coldwell Banker Residential Brokerage in New Jersey, a leading local residential real estate brokerage firm, announced that it has partnered with Guaranteed Rate Affinity, LLC to include an enhanced mortgage service offering for affiliated real estate agents and their customers. Through this business partnership, Guaranteed Rate Affinity will offer a wide array of mortgage products and origination services to customers to provide them with a convenient, value-added advantage during the homebuying process.

“We want to provide our customers with an exceptional home-buying experience. Having this partnership with Guaranteed Rate Affinity enables us to provide them with a streamlined process that translates into outstanding customer service,” said Hal Maxwell, president of Coldwell Banker Residential Brokerage in New Jersey.

Coldwell Banker Residential Brokerage in New Jersey estimates it represents thousands of buyers each year who are purchasing a property and who can benefit from this offering. With this partnership, a Coldwell Banker Residential Brokerage- affiliated agent can easily recommend a loan officer affiliated with Guaranteed Rate Affinity to offer personalized guidance from the mortgage loan application process through the home closing. Additionally, Guaranteed Rate Affinity provides seamless technology, new loan products, and will introduce access to an innovative, digital mortgage platform that provides clients and their agents 24/7 access to mortgage documentation and resources.

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