Black Knight’s Q4 profits slip as clients cope with challenges

The company’s $17.6 million in fourth-quarter net earnings represented a 71 percent decline from a year ago. Black Knight books $452.5 million in 2022 profits, up 118 percent from 2021 with revenue climbing 5 percent to $1.55 billion. Continue reading

Demand for second homes drops for second-straight month

Second-home demand fell 21 percent in July from the previous year, according to a report released Tuesday by tech-powered brokerage Redfin. Continue reading

Acquisitions spur Black Knight’s double-digit revenue growth

A string of acquisitions coupled with strong organic growth helped software, data and analytics provider Black Knight post double-digit revenue growth during the second quarter. Continue reading

Mortgage boom for second homes takes hit amid new lending rules

New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data. Continue reading

Black Knight acquires analytics firm eMBS Inc.

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

Gen Z should start saving now to afford a home by 2031

The average Gen-Zer will need to save $304 per month for the next 12 years to afford a 10 percent down payment and closing costs for a median-priced home ($386,310) by the time they’re 30. Continue reading