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But the Fed’s taper announcement has the industry planning for increases throughout 2022.

The speed of money movement represents the future - success for those who deliver, challenges for those who don't

The partnership with Esusu, which the athlete’s venture capital firm invested in earlier this year, could help renters build credit histories, broadening their housing options, improving loan performance and incentivizing originations.

The Fed said it would reduce Treasury purchases by $10 billion and mortgage-backed securities by $5 billion, marking the beginning of the end of the program aimed at shielding the economy from Covid-19.

Applications related to Zillow Offers made up 70% of the mortgage lender's purchase business in the third quarter.

Stronger collateral and less credit enhancement reflect lessening pandemic risk.

Purchases also dropped on a weekly basis, but still show signs of strong demand.

The decision raised major questions about what’s next for a company that was pushing deeper into the U.S. housing market as part of its bid to transform itself from an online listings giant into a buyer and seller of thousands of homes a month.

Valon Technologies Inc., a startup that operates a digital mortgage-servicing platform, raised $43.9 million in equity funding from investors including affiliates of Starwood Capital Group and Freedom Mortgage.

A report by the agency found that consumers in majority Black neighborhoods were more than twice as likely as those in white neighborhoods to lodge complaints with the credit bureaus over information in their files. Meanwhile, disputes were less common among older borrowers.