Tag Archives: Black Knight

According to a recent report, first-time homebuyers have the lowest rate of foreclosures ever seen. Learn more about this and other foreclosure stats impacting today's housing market.

National home prices continue to rise, according to the most recent Home Price Index Report. See which states and metros are showing an appreciation here.

According to new data, home prices have hit a new peak, now reaching $272,000. Eight states and 15 metros also hit new price peaks this year. Washington has seen the biggest jump in prices over the year.

Non-current inventory is at an 11-year low, falling below historical norms for the fourth consecutive month. The states with the highest percentage of non-current loans were largely in the South, including Mississippi, Louisiana, Alabama, New Jersey, and West Virginia. States with the lowest share were in the Midwest and Western U.S., including Idaho, Montana, Minnesota, North Dakota, and Colorado.

Black Knight Financial Services has integrated Docutech's Solex, an eSigning technology into its LOS. Lenders can now access Solex, as well as Docutech's ConformX interface. ConformX auto-populates LOS data to make document preparation easier.

Black Knight has partnered with Lender Price to offer a completely digital loan application process on its LoanSphere Empower LOS. The platform lets consumers apply for mortgage loans via their mobile device, and it can even verify income, provide property valuations, and deliver real-time interest rates on the spot.

According to a new home price index, national housing prices have appreciated to a new post-crisis high as of February. With an index of $268,000 for the month, the U.S. saw its highest home price growth since June 2006. Prices rose 0.8 percent for the month and 5.7 percent over the year.

Rising home prices nationally have created the strongest equity economy since 2006, according to a new report by Black Knight. Borrowers have nearly $5 trillion in equity to tap into, and the number of underwater borrowers has dropped dramatically. Refis account for a stronger share of borrowing than they have for years.

For the fifth year in a row, Paragon, Black Knight’s MLS software, ranked at the top in the Clareity MLS Customer Satisfaction Survey.

New software platform for smaller and mid-size lenders will allow companies to customize their operations and focus on revenue growth and operating efficiency.