Empower - Real Estate Investor Pulse

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

March 7, 2023 Mariel Alumit Comments Off

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 […]

Black Knight to sell Empower loan origination software business?

February 10, 2023 Mariel Alumit Comments Off

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 […]

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

February 25, 2024 Comments Off

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 […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

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 data sends mortgage rates higher

February 3, 2024 Comments Off

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 […]