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Black Knight Announces Common Stock Offering

Black Knight, Inc., a Jacksonville, Florida-based provider of software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals, announced that affiliates of Thomas H. Lee Partners, L.P., intend to offer for sale 4,000,000 ...

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The Reality of Home Prices vs. Home Sales

Home prices in February hit a four-year high, capping a 72-month run in which median home values rose nationally, according to a report by Redfin. But just because the prices went up does not mean sales went up. In fact, ...

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MPF Program and Ginnie Mae Surpass $1 Bn in MBS

home equity

The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home Loan Bank of Chicago and Ginnie Mae to issue securities guaranteed by ...

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HouseCanary Wins $706.2 Mn Verdict Against AMROCK Inc.

A federal jury in Texas has awarded HouseCanary, a provider of real estate valuation and assessment tools, $706.2 million in its breach of contract and trade secret misappropriation case with Title Source, an affiliate of Quicken Loans, now known as ...

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Securing Foreclosure Protections for Veterans

This past week the United States Senate passed legislation designed to help protect military servicemembers, veterans, and their families from foreclosure. Sponsored by Sen. Sheldon Whitehouse (D-Rhode Island), the legislation was included as part of the larger banking regulation bill ...

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Fannie Mae Announces Winner of Non-performing Loan Sale

crowdfunding

On Wednesday, Fannie Mae announced the winners of its latest sale of non-performing loans, —the twelfth such sale, consisting of approximately 5,700 loans. The loans are divided into three different pools, with a total unpaid principal balance (UPB) of $1.002 ...

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