Tag Archives: black knight

Digital closing platform Snapdocs valued at more than $1.5B

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Snapdocs has raised $150 million in a series D funding round. The platform is now used by more than 130,000 mortgage professionals a day, touching nearly 20 percent of U.S. real estate transactions. Continue reading →

Stavvy lands $40M in funding, signs Flagstar Bank

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Paperless closing provider Stavvy has landed $40 million in Series A funding from Morningside Technology Ventures, which the company says will allow it bring its expertise to bear in helping mortgage lenders serve troubled borrowers. Continue reading →

National delinquency rate dipped below 5% in April

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The national delinquency rate dipped below 5 percent in April, although nearly 1.8 million homeowners were at least 90 days behind on their mortgage payments, an increase of 1.3 million compared to before the pandemic. Continue reading →

Black Knight acquires analytics firm eMBS Inc.

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Real estate data provider Black Knight has acquired eMBS Inc., a Tampa-based company that tracks the performance of nearly $7.5 trillion in mortgage-backed securities backed by Fannie Mae, Freddie Mac and Ginnie Mae. Continue reading →

Fears of pandemic-induced foreclosure wave ease

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Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this “bellwether” group have either resumed payment on their loans or paid them off. Continue reading →

Hopes of housing shortage relief are dashed as new listings drop

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New listing volumes have failed to make up for the shortfall of 2020 and were down 16 percent and 21 percent year over year in January and February, according to a new report from Black Knight. Continue reading →