Backed with $10M, Buyside rebrands as Percy, expands into mortgage

Rebranding and strategic alliance with Black Knight, reflect data analytics and marketing firm’s ability to identify not only homebuyer but also seller leads. Continue reading

Backed with $10M, Buyside rebrands as Percy, expands into mortgage

Rebranding and strategic alliance with Black Knight, reflect data analytics and marketing firm’s ability to identify not only homebuyer but also seller leads. Continue reading

Homebuyer demand for mortgages ‘consistent and resilient’ in April

Lenders saw much of what was left of their refinancing business evaporate as rates climbed to their highest levels in nearly 13 years. Continue reading

$13B Black Knight deal still needs approval from antitrust regulators

Intercontinental Exchange Inc. envisions building a “life of loan” mortgage platform that will produce cost saving efficiencies that benefit consumers. Continue reading

Financial tech giant strikes deal to acquire Black Knight

Intercontinental Exchange has agreed to acquire Black Knight, a mortgage-industry service provider, at a valuation of $13.1 billion, it was announced Wednesday. Continue reading

Cornerstone latest lender to take mortgage loan servicing in-house

In a coup for Black Knight, the deal is the latest in a growing trend as lenders see servicing as a way to smooth out revenue and retain past customers when they refinance or buy their next home. Continue reading

Home price growth ‘reaccelerates’ to set new February record

February’s 19.6 percent annual home price appreciation, together with sharp rise in mortgage rates, produced the tightest affordability in 15 years, according to new data from Black Knight. Continue reading

Guaranty Home Mortgage Corp. to automate doc processing with AI

Mortgage lenders seeking economies of scale are automating much of the loan application and underwriting process, helping them price loans competitively and take market share from less efficient lenders. Continue reading

New Intercontinental Exchange Inc. indices track daily mortgage rates

Average interest rates and other stats are pulled from the ICE Mortgage Technology platform, which processes about half of all U.S. mortgages applications. Continue reading

Homeowners slam brakes on refinancing as mortgage rates rise

Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight. Continue reading