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Rise of Green Mortgages: A Sustainable Shift in the Lending Landscape Explore how green mortgages are reshaping the lending landscape with a focus on sustainability. Learn about incentives, government initiatives, and industry adaptations necessary for embracing eco-friendly lending.
Lending (1514)
Stewart, Fidelity 'Disagree' with New York Regulator’s Disapproval Notice on Merger
Stewart Information Services Corp. has reported consolidated pretax income of $19.7 million in the fourth quarter of 2018, compared to $17.5 million in the same period a year earlier. The title business generated pretax income of $29.5 million in the fourth quarter of 2018, compared to $27.0 million in the same period a year earlier.… Read more...
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Black Knight Revenues Rise 6%; Loan Origination Solution up 35%
Black Knight reported that its revenues for the year ended Dec. 31, 2018, increased 6 percent to $1,114.0 million, compared to $1,051.6 million in 2017. Earnings for the same time period were $168.5 million, or $1.14 per share, compared to $182.3 million, or $1.47 per diluted share, in 2017. In the fourth quarter, revenues from… Read more...
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Delinquency Performance Improving: Corelogic
The percentage of mortgages that were in delinquency fell to 4.1 percent in November 2018, compared with the same time period a year earlier, when the rate stood at 5.2 percent, according to the “Loan Performance Insights Report” from Corelogic. As of November 2018, the foreclosure inventory rate, which measures the share of mortgages in… Read more...
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Quicken: Valuations Diverge Between Appraisers, Homeowners
The average American homeowner thinks their home is appreciating faster than appraisers do. Appraisal values in January were an average of 0.47 percent lower than what homeowners estimated, according the national Quicken Loans Home Price Perception Index. January was the third consecutive month in which the gap between these data points widened from the previous… Read more...
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KeyBank Has Deployed Black Knight's MSP
KeyBank has implemented the Black Knight MSP servicing system for its mortgage portfolio. The aim was to drive efficiency and improve risk management at the bank. MSP delivers a scalable system, which helps clients manage all servicing processes--from payment processing to escrow administration, customer service, and default management. It was engineered to support almost any… Read more...
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Black Knight, Others Complete D&B Acquisition; Foley Ascends to Chairman
An investor group led by Black Knight Inc. and others has completed the acquisition of Dun & Bradstreet Inc., which had already been announced. The other lead investors include Cannae, CC Capital Partners, Bilcar, and funds affiliated with Thomas H. Lee Partners. William P. Foley, was appointed executive chairman of the board for Dun &… Read more...
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Report: Millennials Chose Purchase Loans
Millennials closed more purchased loans in December 2018, even in the face of higher-interest rates and fewer homes. [caption id="attachment_9345" align="alignright" width="200"] Tyrell: Most Millennials were single when they bought homes.[/caption] “Many Millennials are prioritizing homeownership and rather than being deterred by a tight market, they’re increasingly competing for available homes or moving to areas… Read more...
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Home Affordability Improving: Fannie
The Fannie Mae Home Purchase Sentiment Index increased in January, rising 1.2 points to 84.7 and paring some of its recent losses-- and down 4.8 points compared with the same time last year. The increase can be attributed primarily to an eight-percentage point jump in the net share of Americans who reported substantially higher household… Read more...
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CoreLogic: December Home Prices Rose 4.7%
The CoreLogic Home Price Index and HPI Forecast for December 2018 reported home prices rose on a year-over-year and month-over-month basis. Home prices increased nationally by 4.7 percent year over year from December 2017. On a month-over-month basis, prices increased by 0.1 percent in December 2018. Looking ahead, the CoreLogic HPI Forecast indicates home prices… Read more...
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Black Knight Deploys Big-Data Platform
Black Knight has launched the Rapid Analytics Platform, an interactive virtual analytics lab where users can source and upload data, execute queries, perform complex analytics and train machine-learning models, from a single workspace. A cloud-based platform for working with big data, RAP features a unique, advanced workspace environment offering a dynamic mix of traditional analytics,… Read more...
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