In a $13.1 billion sale, Intercontinental Exchange has acquired Black Knight in a cash and stock transaction, as the industry weighs in on the magnitude of the agreement.
Read More »Home Affordability Nears All-Time Low Amid Spiking Interest Rates
Black Knight Inc., has released the latest iteration of its Mortgage Monitor Report for March 2022 which looks at mounting affordability pressures resulting from the competing dynamics of rising interest rates and ever-increasing home prices. According to Black Knight Data ...
Read More »Nearly Half of All Delinquent Mortgages on Loss Mit Plans
According to the new data released by the Federal Reserve Bank of Philadelphia, it’s predicted that roughly 2.15 million mortgages are either in forbearance or past due, with an estimated 630,000 of those mortgages still in forbearance as of April ...
Read More »Delinquency Rate Drops to Record Low
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for March 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight’s data, March usually sees the strongest performance of ...
Read More »Covius Expands Partnership With Black Knight
Under terms of the new deal, Black Knight customers will have access to Covius’ array of loss mitigation and modification agreement solutions.
Read More »The Exchange: The Way Forward
Larry Cordell, SVP, Risk Assessment, Data Analysis, and Research Group, and Xudong An, AVP, Supervision, Regulation, and Credit, both of the Federal Reserve Bank of Philadelphia, speak about foreclosure trends as borrowers continue exiting forbearance.
Read More »February Foreclosure Starts Dip Following Prior Month’s Spike
According to Black Knight's “first look” at February 2022 mortgage data, the January surge reversed course in February, but even the higher number still trailed pre-pandemic levels. Here's what else the data reveals
Read More »Forbearance Portfolio Volume Slides for 21st Straight Month
The number of U.S. loans in forbearance fell once again, with as an estimated 590,000 homeowners remaining in forbearance plans nationwide.
Read More »Foreclosure Starts Jump Sevenfold
With the national foreclosure rate hitting its highest level since May 2021, foreclosure starts jumped to 32,900 loans in January.
Read More »Refinance Activity Dips Further
Omicron issues, combined with inflation concerns, and Fed tapering are pushing mortgage rates out of reach for those on the fence of obtaining a refinance.
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