Items Tagged with 'Black Knight'

ARTICLES

  • Exclusive: Jerry Halbrook out as CEO of Lender Price

    Mortgage industry veteran resigning after less than one year
    Lender Price is about to be in the market for a new CEO, as sources close to the situation tell HousingWire that Jerry Halbrook is set to leave the company later this week amid a disagreement with the company’s founders and board about the direction and future of the company.
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  • LERETA promotes Susan Portnoy

    Will serve as Senior Vice President
    LERETA, a leading national real estate tax and flood determination services provider, announced this week they promoted Susan Portnoy to senior vice president, and in her new role she will oversee LERETA's new product development initiatives including the Total Tax Solutions platform, business intelligence, data and analytics.
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  • Black Knight announces acquisition to incorporate AI into its solutions

    Will make AI tech available to clients
    Black Knight announced Monday its acquisition of HeavyWater, a provider of artificial intelligence and machine learning to the financial services industry. AIVA reads, comprehends and draws conclusions based on context to mimic cognitive thinking and even builds expertise over time. Here’s more on the acquisition, and the increasing presense of AI in the mortgage industry.
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  • Monday Morning Cup of Coffee: Goldman Sachs teases big move into mortgages

    Marcus for mortgages? Maybe
    Once a big player in mortgage lending, Goldman Sachs’ footprint in housing finance has gotten significantly smaller since the financial crisis…but that could be about to change. Is Marcus for mortgages coming soon? It appears that's something the megabank is considering. That, and more, in your Monday Morning Cup of Coffee.
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  • Monday Morning Cup of Coffee: Start of year sees strongest home price growth since 2005

    Happy Cinco de Mayo! Hispanic homeownership is booming
    Home prices increased at the start of 2018 at its fastest rate since 2005. One metro, in fact, had an annual home price growth higher than the median home price in most U.S. metros. Also, did you celebrate Cinco de Mayo this weekend? Here’s a quick history lesson and the current state of Hispanics in housing and the U.S. economy.
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  • Black Knight: Delinquencies drop to 12-month low

    But hurricane impact still lingers
    National delinquencies fell in March to a 12-month low, including a decrease of 19,500 serious delinquencies in hurricane-devastated areas. However, this may not reflect that hurricane areas are getting better, in fact, it could mean they’re getting worse.
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  • Digital Risk's LoanFX integrates with Black Knight's LoanSphere

    Integration with LOS will also help support compliance with evolving regulatory requirements
    This week, Digital Risk announced the integration of its LoanFx platform with Black Knight's Empower loan origination software. The integration provides loan officers, their clients, and their realtors, with near real-time updates throughout the application process for increased transparency. the company said the larger goal is shortening the entire process – from application to approval and underwriting – to as little as 20 minutes.
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  • JPMorgan Chase picks Black Knight to power its home equity originations

    Will use LoanSphere Empower to originate home equity loans
    JPMorgan Chase may be using Roostify to power its digital mortgage application process on the front-end, but the megabank will be using Black Knight to power its home equity loan originations. Black Knight announced Wednesday that JPMorgan Chase will be using its LoanSphere Empower loan origination system as the backbone of the bank’s home equity originations business.
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  • Black Knight: Tappable equity hits all-time high

    Now 10% above previous 2005 peak
    Tappable equity surged to its highest dollar amount on record, far surpassing its previous 2005 peak. Black Knight explained as home prices continued their upward trajectory at the national level, the amount of tappable equity available to homeowners with mortgages continued to rise as well.
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  • From HW Magazine

    How mortgage companies are capitalizing on their greatest asset: big data

    APIs have changed the game
    The evolution from a paper-based process to this era of big data is astounding. Consider that according to IBM, 90% of the world’s data has been created in the last two years. The Internet of Things — your thermostat, refrigerator, even your kid’s Barbie doll — is increasing that data exponentially. For mortgage companies, that data represents a treasure trove more valuable than the gold bars stacked in the vault at the New York Federal Reserve Bank, but only if they can figure out how to harness it for their specific business. Fortunately, scores of fintech companies are ready to help.
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