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Black Knight

Housing Wire

Frontwave integrates the Black Knight digital ecosystem

March 20, 2023 Mark Paul Cervantes Comments Off on Frontwave integrates the Black Knight digital ecosystem

Black Knight, Inc. on Monday announced that Frontwave Credit Union will now implement Empower, Black Knight’s cloud-based loan origination system, and its integrated solutions, for the expansion of its mortgage lending operations. The integration with […]

Housing Wire

LoanCare to implement Black Knight loss mitigation solution

March 9, 2023 Mark Paul Cervantes Comments Off on LoanCare to implement Black Knight loss mitigation solution

Black Knight, Inc. on Thursday announced that mortgage loan sub-servicing provider LoanCare will implement the Black Knight Loss Mitigation solution to support homeowners in need of mortgage payment assistance programs. LoanCare, which services loans for […]

Housing Wire

ICE and Black Knight find a buyer for Empower as merger scrutiny heats up

March 7, 2023 Mariel Alumit Comments Off on ICE and Black Knight find a buyer for Empower as merger scrutiny heats up

Black Knight will be selling its loan origination system Empower in a bid to save the merger deal with Intercontinental Exchange (ICE). “ICE and Black Knight entered into the divestiture agreement in connection with efforts […]

Mortage News

More Charts, Fewer Words (Recapping This Month’s Mortgage Monitor From Black Knight)

March 7, 2023 Mark Paul Cervantes Comments Off on More Charts, Fewer Words (Recapping This Month’s Mortgage Monitor From Black Knight)

Black Knight releases a robust collection of mortgage/housing info each month via its Mortgage Monitor report.  There are always more charts than we have time and room to post, but the charts are typically more […]

Housing Wire

Black Knight mum on report that FTC will block ICE merger

February 28, 2023 Mark Paul Cervantes Comments Off on Black Knight mum on report that FTC will block ICE merger

In its Q4 earnings statement on Tuesday, mortgage technology giant Black Knight remained tight-lipped regarding the Politico report that the U.S. Federal Trade Commission (FTC) will block its potential merger with Intercontinental Exchange Inc. The […]

Housing Wire

Black Knight to sell Empower loan origination software business?

February 10, 2023 Mariel Alumit Comments Off on Black Knight to sell Empower loan origination software business?

Black Knight has decided to sell its loan origination software business Empower in a bid to save the $13 billion deal with Intercontinental Exchange Inc (ICE), Reuters reported, citing sources familiar with the matter. The […]

Housing Wire

Black Knight Servicing Digital helps servicers deliver a convenient customer experience

February 2, 2023 Allen Santos Comments Off on Black Knight Servicing Digital helps servicers deliver a convenient customer experience

Black Knight Servicing Digital is a powerful, white-labeled solution that allows servicers to provide consumers with information about their home value and how to grow and leverage wealth from their property. The solution is a […]

Black Knight
Housing Wire

Black Knight offers new servicer solutions to curb foreclosure, late-stage default

January 26, 2023 Allen Santos Comments Off on Black Knight offers new servicer solutions to curb foreclosure, late-stage default

Black Knight recently added the Collections solutions to its suite of solutions as a way for servicers to keep customers in their homes during periods of financial hardship. The Collections solutions are geared toward helping […]

Black Knight
Housing Wire

New Black Knight portal offers access to APIs across the mortgage cycle

January 12, 2023 Mariel Alumit Comments Off on New Black Knight portal offers access to APIs across the mortgage cycle

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Dubbed the Developer Portal, clients can use […]

Black Knight
Housing Wire

Black Knight to sell TitlePoint back to Fidelity for $225M

November 19, 2022 Stu Turley Comments Off on Black Knight to sell TitlePoint back to Fidelity for $225M

Black Knight agreed to sell its TitlePoint business unit to former parent company Fidelity National Financial for $225 million in cash. A sale of TitlePoint is expected ahead of Black Knight’s planned blockbuster acquisition by […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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