Origination

It was the biggest annual gain since 2013, Attom Data Solutions found.

But economists predict upward pressure in the coming months after comments from Federal Reserve Chair Jerome Powell.

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

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

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.

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

The company will leverage its diversified consumer-finance model while optimizing a traditional mortgage business with thinner margins as the business cycle turns, CEO Patti Cook said.

While increased activity in rentals is influencing current numbers, interest in homeownership among Gen Z could help fuel growth later this decade.