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New player Tomo is entering this niche while a trio of established players enhance their existing offerings for their third-party channels.

Esusu, a financial technology company that aims to help bridge the racial wealth gap by reporting rent payments to credit agencies, has become one of only a few Black-owned startups to reach a valuation of $1 billion after closing a Series B round led by SoftBank Vision Fund 2.

Nathan Fisher is a managing director at StoneTurn. As a former special agent with the FBI, he conducted complex intelligence, counterintelligence, and cyber-focused investigations and operations. In his current role, he advises clients on national security and cybersecurity.

But Boise and Austin homebuyers pay the biggest premiums, according to a ranking of the top overvalued markets.

Rohit Chopra, the director of the Consumer Financial Protection Bureau, described many charges by banks, credit unions and fintechs as "junk fees" and said they often exceed the cost of providing the service. Several trade groups called Chopra's claims "distorted and misleading."

Multifamily and specialty finance loans, which were highlights during the fourth quarter, should increase further in 2022, company executives said.

Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.

Among the mortgage industry investors in the product and pricing engine provider are Movement Mortgage and First American Financial.

The rule addresses concerns related to what has previously been a lack of coverage for funds used to cover delinquent borrowers’ principal and interest payments, and clarifies guidance for specific situations.

And a recent slowdown in government-backed loan issuance is pushing average purchase amounts to another record high.