Black knight

Black Knight: With Moratoria Lifted, Foreclosure Starts Edge Higher, But Still 80% Below Pre-Pandemic Levels; Delinquency Rate Falls to 4% For First Time Since Early 2020

Retrieved on: 
Wednesday, September 22, 2021

JACKSONVILLE, Fla., Sept. 22, 2021 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) reports the following "first look" at August 2021 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

Key Points: 
  • 1)Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.
  • 2)All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.
  • For a more detailed view of this month's "first look" data, please visit the Black Knight newsroom .
  • For more information about gaining access to Black Knight's loan-level database, please send an email to [email protected] .

BeSmartee Announces an Integration with Black Knight's Surefire CRM and Marketing Automation System to Offer Lenders an Enhanced Experience that Maximizes ROI

Retrieved on: 
Tuesday, September 21, 2021

"Black Knight is committed to providing streamlined capabilities that help lenders connect with borrowers and cultivate ongoing relationships with them," said Erik Enright, Managing Director, Black Knight Origination Technologies.

Key Points: 
  • "Black Knight is committed to providing streamlined capabilities that help lenders connect with borrowers and cultivate ongoing relationships with them," said Erik Enright, Managing Director, Black Knight Origination Technologies.
  • "Integrating the Surefire CRM and BeSmartee POS will help mutual clients engage and educate their borrowers from application to post-close with industry-leading marketing automation and dynamic content."
  • To learn more about BeSmartee's deep integration with the Surefire CRM solution, contact our mortgage technology experts at (888) 276-1579 or [email protected] .
  • BeSmartee delivers a complete digital mortgage experience that goes deeper into the origination process to help lenders close faster making a once-cumbersome experience easy, fast and transparent for all.

Black Knight Introduces LoanCatcher, an All-in-One, Cloud-Based Loan Origination System Designed Specifically for Mortgage Brokers

Retrieved on: 
Wednesday, September 15, 2021

JACKSONVILLE, Fla., Sept. 15, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE: BKI) announced the launch of LoanCatcher , an innovative, easy-to-use loan origination system (LOS) designed specifically for the needs of mortgage brokers.

Key Points: 
  • JACKSONVILLE, Fla., Sept. 15, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE: BKI) announced the launch of LoanCatcher , an innovative, easy-to-use loan origination system (LOS) designed specifically for the needs of mortgage brokers.
  • Any internet-connected device can access the browser-based system, so that brokers can focus on their business and borrowers.
  • "Entrepreneurial brokers have been driving an increasing share of mortgage lending, and Black Knight is committed to serving that community and further enabling their growth," said Rich Gagliano, president, Black Knight Origination Technologies.
  • With LoanCatcher, brokers will be able to use Surefire , Black Knight's customer relationship management (CRM) and mortgage marketing engine.

Remote Online Notarization (RON) Vendor Caucus Group Convenes to Create Unified Voice for Industry

Retrieved on: 
Tuesday, September 14, 2021

RALEIGH, N.C., Sept. 14, 2021 /PRNewswire/ --The Electronic Signature & Records Association (ESRA) has created a Remote Online Notarization (RON) Vendor Caucus Group to address the policy and industry issues impacting RON Technology Vendors nationwide.

Key Points: 
  • RALEIGH, N.C., Sept. 14, 2021 /PRNewswire/ --The Electronic Signature & Records Association (ESRA) has created a Remote Online Notarization (RON) Vendor Caucus Group to address the policy and industry issues impacting RON Technology Vendors nationwide.
  • Together, they sent a coalition letter to the Secretary of State in support of changing the regulations and their success was the start of the RON Vendor Caucus Group.
  • As a group, we can come together with one voice, have a bigger impact, and look out for one another."
  • To learn more about the RON Vendor Caucus Group or about becoming an ESRA member, please visit esignrecords.org or email [email protected] .

Black Knight Originations Market Monitor: Overall Rate Lock Volume Up 1.3% in August, Driven Largely by 7.6% Increase in Cash-Out Refinance Activity

Retrieved on: 
Monday, September 13, 2021

Leveraging daily rate lock data from Black Knight's 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 Black Knight's 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.
  • The month's pipeline data showed that overall rate locks were up 1.3% from July, driven by a 7.6% increase in cash-out activity.
  • Each month's Originations Market Monitor provides high-level origination metrics for the U.S. and the top 20 metropolitan statistical areas by share of total origination volume.
  • Much more detail on August's origination activity can be found in the full Black Knight Originations Market Monitor report located here .

CIBM Bank Adds Black Knight Empower Loan Origination System and Suite of Powerful Solutions to Help Grow Business and Improve Digital Capabilities

Retrieved on: 
Wednesday, August 25, 2021

"We've found great success with Black Knight's secondary market solutions, which have helped us achieve record results, and now we look forward to expanding our working relationship leveraging the Empower LOS and Black Knight's full suite of integrated origination solutions."

Key Points: 
  • "We've found great success with Black Knight's secondary market solutions, which have helped us achieve record results, and now we look forward to expanding our working relationship leveraging the Empower LOS and Black Knight's full suite of integrated origination solutions."
  • To support its lending operations, CIBM Bank will also use several additional solutions that are seamlessly integrated with Empower.
  • "We're pleased to expand our relationship with CIBM Bank and deliver more digital capabilities to its operations," said Rich Gagliano,president,Black KnightOrigination Technologies.
  • "By adding Black Knight's LOS and suite of origination solutions, CIBM Bank will be able to better support its customers and realize greater operational efficiencies that will support its significant business growth."

Black Knight: Overall Mortgage Delinquencies Edge Closer to Pre-Pandemic Levels, But 1.45M Remain Seriously Past Due as Foreclosure Moratorium Expired at End of July

Retrieved on: 
Friday, August 20, 2021

1) Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.

Key Points: 
  • 1) Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.
  • 2) All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.
  • For a more detailed view of this month's "first look" data, please visit the Black Knight newsroom .
  • For more information about gaining access to Black Knight's loan-level database, please send an email to [email protected] .

Black Knight Energy Receives $500 Million Equity Commitment from Kayne Anderson

Retrieved on: 
Tuesday, August 17, 2021

Black Knight Energy, LLC (Black Knight or the Company) is pleased to announce it has received an equity commitment in excess of $500 million from funds managed by Kayne Anderson Capital Advisors, L.P. (Kayne Anderson), including Kayne Private Energy Income Fund II, L.P. (KPEIF II) and Kayne Anderson Energy Fund VIII, L.P. (KAEF VIII), alongside Black Knights management team.

Key Points: 
  • Black Knight Energy, LLC (Black Knight or the Company) is pleased to announce it has received an equity commitment in excess of $500 million from funds managed by Kayne Anderson Capital Advisors, L.P. (Kayne Anderson), including Kayne Private Energy Income Fund II, L.P. (KPEIF II) and Kayne Anderson Energy Fund VIII, L.P. (KAEF VIII), alongside Black Knights management team.
  • The Black Knight management team is led by Todd Stevens as Chief Executive Officer, Darren Williams as Chief Operating Officer and Elizabeth DeStephens as Chief Strategy & Sustainability Officer.
  • Formed in 2021, Black Knight Energy, LLC is a California-based, private energy company focused on the acquisition and development of large, cash flowing oil and natural gas assets across the Lower 48.
  • Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading alternative investment management firm focused on real estate, credit, infrastructure/energy, renewables, and growth equity.

Black Knight Originations Market Monitor: Rate Lock Volume Up 5.5% in July as Interest Rates Fall Back Below 3%; Refinance Activity Sees Largest Rise

Retrieved on: 
Monday, August 9, 2021

Leveraging daily rate lock data from Black Knight's 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 Black Knight's 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.
  • "This has, in turn, put downward pressure on mortgage interest rates, with our OBMMI daily interest rate tracker showing July's month-end conforming 30-year at 2.99%, 17 basis points lower than the month prior."
  • The increase in activity was strong enough to push the refinance share of the market mix back up to 50% for the first time in fivemonths.
  • Much more detail on July's origination activity can be found in the full Black Knight Originations Market Monitor report located here .

Black Knight Enhances Groundbreaking, Consumer-Facing Servicing Digital Solution Via Integrations With Company's Technology Ecosystem and Beyond

Retrieved on: 
Wednesday, August 4, 2021

JACKSONVILLE, Fla., Aug. 4, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE: BKI), a leading provider of software, data and analytics to the mortgage and consumer loan, real estate and capital markets verticals, announced it has enhanced its innovative Servicing Digital solution by integrating it to several of the company's other products, including its loss mitigation, automated valuation model (AVM), and product, pricing and eligibility (PPE) solutions.

Key Points: 
  • Servicing Digital, an interactive, consumer-facing web and mobile solution, provides Black Knight servicing clients' customers with timely, customized information about their mortgages and homes, as well as a wide variety of self-service capabilities.
  • "From the beginning, Black Knight's vision for Servicing Digital has been to help servicers provide consumers with a one-stop shop for all tasks related to their mortgage and home throughout the servicing journey," said Joe Nackashi, president of Black Knight.
  • Black Knight has also integrated Servicing Digital with its Loss Mitigation solution, which lets customers initiate requests for assistance or modifications through an advanced self-service prompt within the app as a digital alternative to calling customer service.
  • Black Knight remains committed to delivering integrated solutions, such as Servicing Digital, that help servicers exceed their customers' expectations."