Venture capital investors remain optimistic about the prospects for mortgage digitization, funneling $31 million to two technology vendors.

Some industry watchers believe the tax credit is on hold because it could drive up prices in an already tight housing market.

The about-face paves the way for CoreLogic’s acquisition by Stone Point Capital and Insight Partners.

Federal regulators may secretly worry about nonbanks’ viability, but institutional investors continue to buy the debt of top-tier NBs.

Nonbanks’ performance amid disruptions caused by the pandemic supports growth. Moody’s increased its operating environment score for nonbank mortgage companies.

In a split ruling, the Fourth Circuit upheld a trial court’s decision to impose a $9.7 million fine against the nonbank lender for allegedly influencing appraisers to raise their valuation if it didn’t match a refi borrower’s estimate.

Many of the bank’s mortgage borrowers saw income increase during the pandemic, with boosts from stimulus checks and unemployment benefits.

Income accounts for 80% of the valuation gap between homes owned by whites and minorities, while 20% can be attributed to current or past racial bias, according to the American Enterprise Institute.

Bank acquisitions in the mortgage space have been few and far between the past few years. Still, officials at Western Alliance believe it makes perfect sense for the bank to acquire AmeriHome Mortgage.

EarnUp offers payment and saving-services to consumers and is using the access to borrowers’ bank accounts to provide insights to mortgage servicers.