Black knight

Black Knight Launches Climate and Natural Hazard Risk Data Solutions Suite to Quickly Identify Properties Impacted By Natural Disasters and Mitigate Portfolio Risk From Future Climate-Related Events

Retrieved on: 
Thursday, October 6, 2022
RAP, Time, Black Knight (company), National Ocean Service, Risk, Climate, Life, BKI, Housing, Black knight, ESG, AIP, NYSE, Intelligence, FEMA, Global Disaster Alert and Coordination System, Industry, Lists of disasters, Climate change, National Oceanic and Atmospheric Administration, Weather, Solution, Bottled water, Insurance

The suite Includes Disaster Alerts and Climate Risk Scoring Disaster Alerts the data set behind the Early Warning Suite in the Black Knight Actionable Intelligence Platform (AIP).

Key Points: 
  • The suite Includes Disaster Alerts and Climate Risk Scoring Disaster Alerts the data set behind the Early Warning Suite in the Black Knight Actionable Intelligence Platform (AIP).
  • To address this need, the Climate and Natural Hazard Risk Data Solutions Suite complements Disaster Alerts' point-in-time actionable intelligence with Climate Risk Scoring.
  • Proactively monitoring portfolios of loans, properties, pools or securities, Climate Risk Scoring assesses the climate-related risk characteristics of individual properties and assigns a score to help model for future risk.
  • With the Climate and Natural Hazard Risk Data Solutions Suite, we can now also provide a 360-degree view of their climate risk wherever they stand in the real estate and housing finance continuum."

Loansifter PPE Introduces New API Functionality to Automate the Seamless Exchange of Data Between Brokers and Their New and Existing Technology Partners

Retrieved on: 
Wednesday, October 5, 2022
PPE, Black knight, API, NYSE, Goal, Risk, BKI, Sales, Insurance, Real estate

New API capabilities also support Optimal Blue's ongoing commitment to an API-first strategy -- building on efforts to lead the industry in pricing innovation and accessibility through both the Loansifter PPE and the Optimal Blue PPE.

Key Points: 
  • The industry-leading Loansifter PPE, offered by Optimal Blue, a division of Black Knight, was built specifically for brokers and supports best execution searches across more than 120 investors.
  • As an open-source tool, the Loansifter PPE now allows third-party integration partners to conveniently access rates from their existing broker clients, as well as prospective broker clients, via API connections.
  • "Technology providers can now automate access to rates without relying on manual data transfer from brokers, helping both parties increase efficiencies while avoiding errors and reducing risk."
  • "We understand the value an API platform brings to our clients and integration partners, and this is a testament to our focus on serving the industry's needs," Happ continued.

Black Knight: Home Prices Down Again in August With Average Home Nationally Now 2% Off June Peak; Inventory Growth Stalls as Sellers Step Back

Retrieved on: 
Monday, October 3, 2022
Time, Income, Data Analytics Acceleration Library, Great, Data, Lehman Brothers, Gingival recession, Housing, HPI, BKI, NYSE, Sale, P&I, Black Knight (company), Environment, Black knight, Population, Retail, Real estate

As Black Knight Data & Analytics President Ben Graboske explains, July and August's month-over-month declines mark the sharpest contractions seen in more than 13 years.

Key Points: 
  • As Black Knight Data & Analytics President Ben Graboske explains, July and August's month-over-month declines mark the sharpest contractions seen in more than 13 years.
  • "Only marginally better than July's revised 1.05% monthly decline, home prices were down an additional 0.98% in August.
  • Inventory levels had been improving though, with our Collateral Analytics data showing both overall inventory and months of supply rising sharply from May through July.
  • It will be worth watching inventory levels closely in coming months for any sign of a shift in seller sentiment.

This Week in Finance News: 10 Stories You Need to See

Retrieved on: 
Friday, September 30, 2022
Publication, PR Newswire, Black knight, Subject-matter expert, Related, Database, Geography, Multimedia, HSB Televisión, Radio, News, Internet, Industry, Public relations, Publishing, Penta

NEW YORK, Sept. 30, 2022 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the finance industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • These are just a few of the recent press releases that consumers and the media should know about.
  • To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists .
  • Subject Matter Experts: Access ProfNet , a database of industry experts to connect with as sources or for quotes in your articles.
  • PR Newswire thoroughly researches and vets this community to verify their identity as a member of the press, blogger or influencer.

Black Knight: Mortgage Delinquencies Near Record Low in August; Foreclosure Starts Up 15% from July, Still More Than 40% Below Pre-Pandemic Levels

Retrieved on: 
Friday, September 23, 2022
Black knight, Sale, SMM, NYSE, BKI, Real estate, Commercial property

After dropping steadily over recent months, cure activity also improved in August, with 62K seriously delinquent loans curing to current status, up from 58K in July

Key Points: 
  • After dropping steadily over recent months, cure activity also improved in August, with 62K seriously delinquent loans curing to current status, up from 58K in July
    Likewise, starts were initiated on 3.4% of serious delinquencies; up slightly from July but still less than half the rate seen in the years leading up to the pandemic
    Prepays (SMM) edged up 1.5% for the month, due to calendar-related effects, but are still down by 69% year-over-year as rising rates continue to put downward pressure on both purchase and refinance lending
    JACKSONVILLE, Fla., Sept. 23, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE: BKI) reports the following "first look" at August 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
  • Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 2.79%
    Number of properties that are 30 or more days past due, but not in foreclosure: 1,489,000
    Number of properties that are 90 or more days past due, but not in foreclosure: 567,000
    Number of properties in foreclosure pre-sale inventory: 185,000
    Number of properties that are 30 or more days past due or in foreclosure: 1,674,000

iTHINK Financial Credit Union Signs Contract for the Black Knight Empower LOS to Help Drive Growth and Provide Members With an Exceptional Experience

Retrieved on: 
Tuesday, September 13, 2022
ITHINK Financial Credit Union, Accredited Business Accountant, Credit union, Empower, NYSE, Second mortgage, Sale, IBM, Black knight, Business loan, Growth, ESign (India), Loan, Finance, Technology, Solution, Corporate services, Wealth, Money market, Classification, BKI, Bank

iTHINK Financial has also selected a suite of fully integrated web-based solutions that will allow them to focus on continuing to meet their members' financial needs.

Key Points: 
  • iTHINK Financial has also selected a suite of fully integrated web-based solutions that will allow them to focus on continuing to meet their members' financial needs.
  • "iTHINK Financial prides itself on offering personalized, 'white glove' service and we are confident that Empower will help them keep that commitment," said Rich Gagliano, President, Origination Technologies at Black Knight.
  • iTHINK Financial, established in 1969, is a growing and dynamic Credit Union, with more than 100,000 Members worldwide and over $2 billion in assets.
  • A Credit Union is a not-for-profit financial institution that is owned by its Members.

REPAY Hires Erik Skinner as Senior Vice President of the Mortgage Vertical

Retrieved on: 
Tuesday, September 13, 2022
Professional Services, Payments, Technology, Software, Finance, Fintech, Banking, PHH, Black knight, U.S. Securities and Exchange Commission, Capital One, Intention, Skinner, Senior, Growth, Private Securities Litigation Reform Act, COO, Person, Securities & Exchange Commission of Pakistan, Customer experience, ING, Solution, NASDAQ, MSP, Communication, Fifth Third Bank, Customer advocacy, Management, Real estate

Repay Holdings Corporation (NASDAQ: RPAY) (REPAY), a leading provider of vertically-integrated payment solutions, today announced the addition of Erik Skinner as Senior Vice President, Mortgage Vertical Executive.

Key Points: 
  • Repay Holdings Corporation (NASDAQ: RPAY) (REPAY), a leading provider of vertically-integrated payment solutions, today announced the addition of Erik Skinner as Senior Vice President, Mortgage Vertical Executive.
  • In his new role, Skinner will focus on enhancing REPAYs mortgage offerings through business development opportunities and strategic product development.
  • Prior to joining REPAY, Skinner served as Senior Vice President, Servicing Product Strategy Director, at Black Knight, Inc., where he was responsible for MSP and back-office customer experience modernization.
  • Before Black Knight, Skinner served as Senior Vice President of Performing Mortgage Servicing at Fifth Third Bank, after serving as Vice President of Customer Advocacy at PHH.

Black Knight Originations Market Monitor: Lock Volume Drops Sharply on Rising Rates as August Production Hits Four-Year Low

Retrieved on: 
Monday, September 12, 2022
Black knight, Eye, FHA, NYSE, BKI, Bank, Television, Health insurance

Leveraging daily rate lock data from the Black Knight Optimal Blue PPE mortgage lending's most widely used pricing engine the Originations Market Monitor provides the industry's earliest and most comprehensive view of origination activity.

Key Points: 
  • Leveraging daily rate lock data from the Black Knight Optimal Blue PPE mortgage lending's most widely used pricing engine the Originations Market Monitor provides the industry's earliest and most comprehensive view of origination activity.
  • "Mortgage originators continue to feel the effects of interest rate and affordability challenges," said Scott Happ, president of Optimal Blue, a division of Black Knight.
  • Purchase lock counts, which exclude the impact of soaring home values on volume, are off 30% from last year.
  • Much more detail on August's origination activity can be found in the full Black Knight Originations Market Monitor report .

BeSmartee Announces Anchor Sponsorship of the Digital Mortgage 2022 Conference

Retrieved on: 
Thursday, September 8, 2022
Fiserv, Technology, National Mortgage News, Digital, Paradise, POS, MBA, Black knight, Conference, Alpha, Industry, Casino, Real estate

HUNTINGTON BEACH, Calif., Sept. 8, 2022 /PRNewswire-PRWeb/ -- BeSmartee, award-winning fintech firm and founder of modern digital mortgage platforms, is pleased to announce its anchor event sponsorship of the Digital Mortgage Conference, taking place at the Westgate Las Vegas Resort & Casino from Tuesday, September 13 to Thursday, September 15.

Key Points: 
  • HUNTINGTON BEACH, Calif., Sept. 8, 2022 /PRNewswire-PRWeb/ -- BeSmartee, award-winning fintech firm and founder of modern digital mortgage platforms, is pleased to announce its anchor event sponsorship of the Digital Mortgage Conference, taking place at the Westgate Las Vegas Resort & Casino from Tuesday, September 13 to Thursday, September 15.
  • A production of National Mortgage News an award-winning comprehensive digital resource serving the entire residential mortgage industry the conference will combine think tanks, workshops, roundtables, keynote speakers and networking opportunities designed to spark authentic connection and collaboration in the mortgage community.
  • "We're thrilled to be this year's anchor sponsor for the Digital Mortgage Conference," said Veronica Nguyen, co-founder and executive vice president of BeSmartee.
  • To meet with BeSmartee at the Digital Mortgage Conference, visit https://www.besmartee.com/contact or email [email protected] .

The National Association of Mortgage Brokers Welcomes Black Knight as Technology Partner

Retrieved on: 
Wednesday, September 7, 2022
Linda, National Association, NYSE, Learning Technology Partners, National Association of Mortgage Brokers, Solution, Sale, Washington State Association for Justice, BKI, Education, Organization, Association, Human, Black knight, NAMB, SureFire, Mortgage broker, Industry, Growth, Social media, Real estate

WASHINGTON, Sept. 7, 2022 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers since 1973, is delighted to welcome Black Knight back for another year and updating their membership to a Technology Partner. This is the second consecutive year the organizations have committed to working together to better the mortgage marketplace.

Key Points: 
  • WASHINGTON, Sept. 7, 2022 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers ( NAMB ), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers since 1973, is delighted to welcome Black Knight back for another year and updating their membership to a Technology Partner.
  • "Black Knight is driving new capabilities to help improve the mortgage process for brokers, loan originators and borrowers, and we are delighted to continue our long-standing relationship with this proven industry leader."
  • Black Knight (NYSE:BKI), the leading provider of integrated technology, data and analytics solutions to the mortgage and finance industries, offers capabilities that help facilitate and automate many of the business processes across the mortgage life cycle.
  • About NAMB: The National Association of Mortgage Brokers has been the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973.