ICE on a signing spree for new 'mortgage tech ecosystem'
In pursuit of a bigger slice of an estimated $14B market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and 4 new servicing clients
by Matt Carter Mar 21
Jungo and Homebot team up to cultivate mortgage prospects
Integration of Jungo's CRM solution with Homebot lets mortgage loan officers share real-time data and insights into market trends, interest rates and property values with prospective clients
by Matt Carter Feb 20
'The vibe is pretty good' as first earnings season of 2024 kicks off
Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023
by Jim Dalrymple II Feb 14
ICE signs Raymond James Bank to use Encompass mortgage platform
In announcing the second Encompass deal this month, ICE cites investments in mortgage technology and data that automate and accelerate the lending process from start to finish
by Matt Carter Jan 30
Pending home sales stagnate in November despite rate relief
November's numbers show pending sales didn't move compared to October, but lower rates did apparently lead to more lockbox openings — hinting that better days lie ahead
by Jim Dalrymple II Dec 28
Vacation home demand near 7-year low due to costs, employer policies
Mortgage-rate locks on second homes were down 47% from pre-pandemic levels in August as market factors have made owning a second home more costly and complicated in the last year
by Lillian Dickerson Sep 14
Antitrust regulators sign off on ICE's deal to acquire Black Knight
In addition to selling Empower and Optimal Blue, consent order would require ICE and Black Knight to seek prior FTC approval before acquiring an interest in another loan origination system
by Matt Carter Aug 31
Black Knight ready to spin off Empower, Optimal Blue businesses
To win approval from regulators to merge with Intercontinental Exchange (ICE), Black Knight plans to sell 2 businesses to subsidiaries of software giant Constellation Software next month
by Matt Carter Aug 30
ICE's Black Knight acquisition nears resolution of antitrust issues
'Significant progress' in Federal Trade Commission negotiations have been reported since Black Knight's Empower loan origination system and Optimal Blue division were removed from the deal
by Matt Carter Aug 8
Black Knight's Q4 profits slip as clients cope with challenges
Real estate software, data and analytics company signs new customers to book $452.5M 2022 profit, up 118% from 2021 with revenue climbing 5% to $1.55B
by Matt Carter Feb 28
Black Knight acquisitions power record-breaking sales in 2021
The mortgage software giant expects to break its 2021 record of $1.475 billion in sales again this year after buying out partners in Optimal Blue
by Matt Carter Feb 15
Demand for second homes drops for second-straight month
Second-home demand fell 21% in July from the previous year, according to a report released on Tuesday by tech-powered brokerage Redfin
by Lillian Dickerson Aug 17
Acquisitions spur Black Knight's double-digit revenue growth
Company raises guidance on strong second quarter performance, impact of Top of Mind and eMBS acquisitions
by Matt Carter Aug 5
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
by Daniel Houston Jul 14
Black Knight acquires analytics firm eMBS Inc.
Building on last year's Optimal Blue deal, Black Knight strengthens its secondary mortgage market offerings
by Matt Carter May 17