Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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Items Tagged with 'Black Knight Financial Services'

ARTICLES

Black Knight: Mortgage delinquency rate drops to 7-year low

Loans in foreclosure also dropped to 6-year low
Ben Lane
The mortgage delinquency rate declined in October to a seven-year low, according to Black Knight Financial Services’ “First Look” at the October mortgage data. October also saw a rise in prepayments for the first time since July, which Black Knight said is “historically a good indicator of refinance activity.”
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Fidelity National Q3 revenue rises over 3Q13

$1.7 billion in total revenue equals 2Q14
Ben Lane
Fidelity’s third-quarter revenue of $1.7 billion equaled its second-quarter revenue, which also came in at $1.7 billion, and was also up from $1.6 billion in the second quarter of 2013.
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Black Knight: Home prices barely nudge

10.1% off its 2006 peak
Brena Swanson
Home prices barely nudged on Black Knight Financial Service’s August home price index, moving it just 10.1% off from its 2006 peak.
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Black Knight: Weighted average loan age officially hits highest level ever

Vintage loan delinquencies drop
Brena Swanson
The weighted average loan age among the active mortgage population has been consistently rising for nearly a decade, officially reaching the highest point ever, according to one analyst.
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Black Knight adds Eric Lapin to data and analytics group

Will serve as managing director of corporate strategy and research
Ben Lane
In this role, Lapin will work with bank holding companies, capital markets firms and other financial institutions to implement tailored strategic initiatives, provide research and insights and create customized data and analytics solutions.
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Black Knight: Home prices up just 0.2% in July month-over-month

Home prices now just 10.2% off 2006 pre-crisis peak
Trey Garrison
Home prices are now just 10.2% off the 2006 peak, but price appreciation is slowing both month-over-month and year-over-year, according to the latest data from Black Knight Financial Services.
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Katie King joins Black Knight as managing director

Will oversee government strategies and solutions
Ben Lane
In this position, King will work closely with government agencies to implement strategic initiatives and custom solutions that will help optimize operations, the company said.
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2.5 million borrowers face imminent payment shock

Resets to happen over next few years
Brena Swanson
Tough forecast ahead for HELOC borrowers: Over the next three years, borrowers using home equity lines of credit are predicted to have a severe payment shock impacting their monthly budget.
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From HW Magazine

Data & analytics handbook

HousingWire's exclusive look at key providers
HousingWire Staff
It’s a new world, and in this new world, data is more crucial than ever. Getting the best data possible, and then being able to interpret that data to improve performance, will be a competitive edge that no company in the mortgage finance space can do without in the current environment of volume contraction.
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Black Knight’s Closing Insight integrates with Empower

Keeps lenders compliant with CFPB rules
Brena Swanson
"This integration of Closing Insight with Empower is another example of how Black Knight can help lenders realize significant process gains, while supporting timely loan closings to help lenders satisfy their regulatory obligations and provide a better borrower experience,” Black Knight Financial Services said.
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