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Tag Archives: Black Knight Financial Services

The Industry Pulse: Updates on Mr. Cooper, Black Knight, and More …

Industry

Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. WMIH Corp and Nationstar Mortgage Holdings Inc., with its flagship brand Mr. Cooper (formerly Nationstar), announced a merger earlier this week. The Dallas, Texas-based ...

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Staying Afloat

Overall, the number of underwater borrowers is down in the U.S., but a report released today reveals something interesting: those remaining underwater mortgages are largely concentrated in certain price tiers and geographic areas. What three cities claim the most?

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Foreclosures Hit 10-Year Low, Despite April Uptick

The total national loan delinquency rate (loans 30 or more days past due, but not in foreclosure), spiked 13 percent from in April from March putting a little over 2 million properties past due. However, according to experts, there is no need for alarm. The rise is primarily due to the calendar with April ending on a Sunday.

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Empower Incorporates HMDA Rule, New Tech Integrations

Black Knight Financial Services announced last week the release of LoanSphere Empower 7.0, a new version of its loan origination system (LOS), including updates aimed at compliance with the Consumer Financial Protection Bureau’s (CFPB) Home Mortgage Disclosure Act (HMDA) and enhanced technological integrations.

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