Black Knight

Black Knight, Inc. engages in the provision of integrated software, data and analytics solutions. It operates through the Software Solutions, and Data and Analytics segments. The Software Solutions segment offers software and hosting solutions that support loan servicing, loan origination, and settlement services. The Data and Analytics segment caters to the mortgage, real estate, and capital markets verticals. The firm also serves the credit union, secondary markets, government, home equity, servicing, and title settlement industries. The company was founded in 1962 and is headquartered in Jacksonville, FL.

Earnings data Q2 2024

Black Knight's end-to-end solutions will enhance customer experience as Ruoff Mortgage begins to service loans Ruoff Mortgage has signed a contract to use the industry-leading Black Knight MSP loan servicing system as it brings its servicing operations in-house; MSP is a comprehensive, end-to-end loan servicing system that encompasses all aspects of servicing, from loan boarding to default Ruoff Mortgage has also selected additional Black Knight solutions, including the cloud-native Customer Service solution to help representatives assist consumers more quickly and efficiently, and the Servicing Digital solution to offer customers self-service access to personalized, timely information about their mortgage and home To support loss mitigation processes and streamline the handling of nonperforming loans, the company is also implementing Black Knight's Default Suite of solutions, including Loss Mitigation The company will also add Black Knight's Actionable Intelligence Platform for strategic, proactive and actionable analytics, as well as McDash industry reports for mortgage performance data JACKSONVILLE, Fla. , April 5, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that Ruoff Mortgage Company, Inc. (Ruoff Mortgage), a full-service residential mortgage company with more than 70 retail branch locations, has signed a contract to use the Black Knight MSP loan servicing system.

Ruoff Mortgage Selects Black Knight MSP Servicing System and Suite of Solutions to Support New In-House Servicing Operation

-  According to the Black Knight HPI, home prices rose 1.84% in February – nearly four times the 25-year average for the month – and the 14th month of the pandemic to see greater than 1% monthly growth -  The average home has now increased in value by more than 34% since February 2020, with appreciation continuing to reaccelerate after a brief slowdown last fall -  Each of the 100 largest U.S. markets experienced double-digit annual home price growth in February 2022, with three-quarters of those markets seeing continued acceleration of appreciation -  Home price growth is reaccelerating even as interest rates continue to climb, with rates rising nearly one-third of a percent in February and more than 1.25% since the start of the year through late March -  As a result, affordability is now at its lowest point on record outside of 2004-2007, with the monthly principal and interest (P&I) payment for the average-priced home purchase up $329 (+24%) year-to-date -  It now takes 29.1% of the median household income to make that P&I payment, up from 19.3% just 15 months ago and a full 4 percentage points more than the 1995-2003 long-term average -  82 of the 100 largest U.S. markets are now less affordable than their long-term benchmarks, up from six at the start of the pandemic -  In recent years, a payment-to-income ratio above 21% has worked to cool the housing market, but record-low inventory continues to fuel growth even in the face of the tightest affordability in 15 years JACKSONVILLE, Fla. , April 4, 2022 /PRNewswire/ -- Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based upon the company's industry-leading mortgage, real estate and public records datasets.

Black Knight: Despite Rising Interest Rates, Annual Home Price Growth Hits All-Time High of 19.6% in February, Driving Affordability to Lowest Level in 15 Years

Though past-due loans edged higher (+1.8%) in February, the national delinquency rate remains near pre-pandemic levels heading into March, which typically sees strong seasonal performance improvements February's increase was driven by a rise of 97,000 in early-stage delinquencies – which nevertheless remain well below pre-pandemic levels At the same time, the number of seriously delinquent mortgages (those 90 or more days past due) fell by 72,000 as borrowers leaving forbearance plans continue to return to making payments After seeing a sizable spike in January, foreclosure starts pulled back by 24% in February, with the month's 25,000 starts 23% below February 2020 levels, prior to the onset of pandemic-related economic stress Likewise, despite a 13,000 increase in the number of loans in active foreclosure, the population remains 32% below February 2020 levels JACKSONVILLE, Fla., March 24, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) reports the following "first look" at February 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

Black Knight: February Uptick in Early-Stage Delinquencies Drives First Increase in Past- Due Mortgages in Nine Months; Foreclosure Starts Fall 24% Following January Spike

Black Knight's end-to-end, all-in-one technology offers a digital ecosystem designed to support business expansion -  Optimum First Mortgage replaced its current LOS with the cloud-based Black Knight Empower loan origination system, which offers comprehensive, integrated capabilities to support its growth plans and increase profitability - The mortgage lender currently uses the Optimal Blue Product, Pricing and Eligibility (PPE) Engine - In addition to the Empower LOS, Optimum First Mortgage will implement multiple other Black Knight origination products, including digital point-of-sale and closing solutions; machine-learning technology; a premier fee service; robust property tax data; automated compliance validation testing; flood zone determination services; and actionable intelligence JACKSONVILLE, Fla., March 24, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced today that Optimum First Mortgage, a hybrid mortgage broker and lender headquartered in Fountain Valley, Calif.

Optimum First Mortgage to Implement Black Knight Empower Loan Origination System and Other Integrated Solutions to Support Growth

Today's Competitive, Equity-Centric Refinance Market to Realize Substantial Value From This Latest Integration of Black Knight Solutions -          A new integration of Capture, Black Knight's lead analytics platform, and Surefire, Black Knight's marketing automation tool, enables lenders to maximize and streamline outreach efforts by generating borrower-specific pricing and eligibility opportunities and automating recurring consumer contact -          Originators using the Optimal Blue PPE, Black Knight's product and pricing engine, can now automatically gather and organize qualified, actionable leads based on their lending criteria, and export those leads to loan officers for outreach -          Black Knight will host a complimentary webinar on Thursday, March 24, to provide an overview of the new, powerful capabilities available through this integration JACKSONVILLE, Fla. , March 22, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced a new integration between its Capture lead analytics and Surefire marketing automation solutions.

Black Knight Integrates Surefire and Capture Solutions to Help Originators Improve Retention With Automated, Personalized Outreach

JACKSONVILLE, Fla., March 14, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced the release of its latest Originations Market Monitor report, looking at mortgage origination data through February month-end.

Black Knight Originations Market Monitor: Refinance Rate Locks Drop Across the Board in February as 30-Year Rates Climb Above 4% for First Time in Over Two Years

JACKSONVILLE, Fla., March 9, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that PenFed, the nation's second-largest federal credit union and a current client of Black Knight's servicing software, has added Househappy's self-service home care functionality to its mobile app.

PenFed Credit Union Expands Relationship With Black Knight and Househappy to Deliver Digital Home Care Capabilities to Members

JACKSONVILLE, Fla., March 8, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that Iowa Bankers Mortgage Corporation (IBMC), an affiliate of the Iowa Bankers Association, has signed a contract to use the Black Knight MSP loan servicing system.

Iowa Bankers Mortgage Corporation Signs Contract for Black Knight's MSP Servicing System, Adds Additional Solutions to Support Growth

The mortgage industry fintech saw a decline despite a solid earnings report.

Why Black Knight Dropped 24.7% in February

JACKSONVILLE, Fla., March 7, 2022 /PRNewswire/ -- Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based upon the company's industry-leading mortgage, real estate and public records datasets.

Black Knight: Record $4.4 Trillion in Mortgage Originations in 2021; Year Sees $1.2 Trillion in Cash-Out Refis as Homeowners Tap $275 Billion in Equity, a 16-Year High

JACKSONVILLE, Fla., March 3, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that Frost, one of the 50 largest U.S. banks by asset size, has signed an agreement to use Black Knight's integrated, end-to-end mortgage origination and servicing solutions, including the Empower loan origination system (LOS) and the MSP loan servicing system.

Frost Selects Black Knight's Leading Empower and MSP Systems to Support Seamless Operations Across Origination and Servicing

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JACKSONVILLE, Fla. , Feb. 28, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) released a complimentary white paper exploring the use of mortgage pipeline rate lock data to inform daily prepayment modeling.

Black Knight's Optimal Blue Mortgage Lock Data Used to Forecast Short-Term Prepayment Activity, Enhance Behavioral Models

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JACKSONVILLE, Fla., Feb. 24, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) reports the following "first look" at January 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

Black Knight: Foreclosure Starts Surge Sevenfold in January, Hitting Highest Level in Two Years; Though Volumes Rising, Still 20% Below Pre-Pandemic Levels

JACKSONVILLE, Fla., Feb. 22, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced today that Cenlar FSB, the nation's leading residential mortgage subservicer, has renewed its contract to continue using Black Knight's industry-leading MSP loan servicing system, in addition to Black Knight's innovative Servicing Digital and default solutions.

Industry-Leading Subservicer, Cenlar FSB, Signs Long-Term Renewal for Black Knight's Servicing and Default Suite of Solutions

JACKSONVILLE, Fla., Feb. 21, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced today that Central Bank & Trust Company, a community bank serving the people, businesses and communities of Kentucky, has signed a contract to implement Black Knight's Empower loan origination system (LOS).

Central Bank & Trust Company Selects Empower, Black Knight's Industry- Leading LOS, and Other Integrated Solutions to Streamline Operations and Support Growth

Black Knight, Inc. (BKI) CEO Anthony Jabbour on Q4 2021 Results - Earnings Call Transcript

JACKSONVILLE, Fla., Feb. 15, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE: BKI), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets verticals, today announced unaudited financial results for the fourth quarter and year ended December 31, 2021, as compared to the prior year period.

Black Knight Reports Fourth Quarter and Full Year 2021 Financial Results

JACKSONVILLE, Fla., Feb. 15, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) today announced that Anthony Jabbour, the company's Chairman and Chief Executive Officer, will assume the role of Executive Chairman of the Board; Joe Nackashi, Black Knight's President, will assume the role of Chief Executive Officer; and Kirk Larsen, Black Knight's Chief Financial Officer (CFO), will assume the role of President and CFO.

Black Knight Announces Executive Management Transition

JACKSONVILLE, Fla., Feb. 15, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE: BKI) announced that it has acquired the outstanding interests of Optimal Blue Holdco, LLC (Optimal Blue) from co-investors Cannae Holdings, Inc. and investment entities affiliated with Thomas H.

Black Knight Acquires Remaining Interest in Optimal Blue from Thomas H. Lee Partners, L.P.

Black Knight is a software and data provider to residential real estate industry.

Black Knight: Wide-Moat Software And Data Specialist On Sale

JACKSONVILLE, Fla., Feb. 14, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced the release of its latest Originations Market Monitor report, looking at mortgage origination data through January month-end.

Black Knight Originations Market Monitor: Purchase and Cash-Out Rate Locks Up in January on Rapid Rise in 30-Year Rates; Rate/Term Refinances Continue Freefall

Black Knight finds price acceleration returning after a short breather.

Waiting for Home Price Bear Market? Keep on Waiting

JACKSONVILLE, Fla., Feb. 7, 2022 /PRNewswire/ -- Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based upon the company's industry-leading mortgage, real estate and public records datasets.

Black Knight: 2021 Sees Record $2.6 Trillion Tappable Equity Gain; Home Prices Reaccelerate on Continued Inventory Shortfall As Rising Rates Increase Affordability Pressures

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