Tag Archives: Black Knight Financial Services

"The average principal and interest payment among borrowers purchasing a home using a 30-year fixed-rate loan hit its highest point ever in July at $2,306, and that's before taxes and insurance are factored in." said Black Knight VP of Enterprise Research Andy Walden.

"There is no doubt that the housing market has reignited from a home price perspective," said Black Knight VP of Enterprise Research Andy Walden. "Firming prices have now fully erased the pullback we tracked through the last half of 2022 and lifted the seasonally adjusted Black Knight HPI to a new record high in May."

Despite ongoing price corrections, home values in the top 50 metropolitan markets remain elevated up to 66% since the start of the pandemic.

The latest report from Black Knight did not carry good news as the company’s latest monthly Mortgage Monitor Report covering the month of June found that annual home ...

Another 5.5 million homeowners took advantage of low rates and record home price growth to tap available equity via cash-outs, which—as rates rise—now make up the majority of refinance activity.

Tim Anderson, President of President of eMortgage Strategy, Evolve Mortgage Services, chats with MReport about eClosing platforms.

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.

Regions Bank, one of the top 20 U.S. banks, renewed its agreement to use LoanSphere MSP on its first mortgage loans and will also be converting home equity loans and lines over to LoanSphere MSP.

Black Knight Financial Services’ Data and Analytics division announced this week the hiring of Dave Hurt to lead business in capital markets and government entities. He will be responsible for developing new client relationships and maintaining existing ones.

“Black Knight is pleased to provide these innovative capabilities to improve the process of gathering fees needed and estimated taxes for the closing process,” said Jerry Halbrook, President of the Origination Technologies division of Black Knight Financial Services. “By delivering automated fee quotes, Fee Service helps to minimize tolerance violations, increase savings, and enhance the borrower experience.”