Mortgage lenders stand to gain more business from 30-year mortgage holders who qualify and could benefit from refinancing, but the refinancing population is shrinking at a rapid rate. So where are all the eligible refinancers?
Read More »Home Prices Continue Upward Trend
Despite seasonal changes, home prices continued their upward trend in October 2015. However, despite the small month-over-month increase, home prices are still up 5.5 percent year-over-year.
Read More »High-LTV Lending Dominates FHA & VA Programs
According to Black Knight Financial Services, Inc., latest Mortgage Monitor Report, high LTV purchase originations rose 20 percent in the third quarter of 2015, compared to the 13 percent increase in the purchase market overall.
Read More »ValuAmerica & Black Knight Integrate Loan Closing Technologies
ValuAmerica, Inc., a national title agency, appraisal management company and technology provider, recently announced that the company has teamed up with Black Knight Financial Services, Inc., a provider of integrated technology, data and analytics to the mortgage and real estate industries, to provide a fully integrated loan closing solution for lenders.
Read More »Home Prices Rise Marginally in September
Black Knight Financial Services' Data and Analytics division released its September 2015 Home Price Index report, finding that U.S. home prices rose marginally by 0.1 percent in September.
Read More »Purchase Mortgage Loan Activity Spiked By High-Credit Borrowers
Purchase mortgage originations rose significantly in 2015, driven by high-credit borrowers, according to Black Knight Financial Services’ latest Mortgage Monitor Report.
Read More »Home Prices Inch Higher in August
Black Knight Financial Services' Data and Analytics division released its August 2015 Home Price Index report, finding that U.S. home prices were up 0.3 percent in August and up 5.5 percent year-over-year.
Read More »Cash-Out Refinances Rise As Borrowers Capitalize on Increased Equities
Cash-out refinance volume rose nearly 70 percent year-over-year in the second quarter of 2015, as borrowers took advantage of the increased equity available to them and historically low mortgage interest rates.
Read More »Home Prices Edge Up in July
Black Knight Financial Services' Data and Analytics division released its July 2015 Home Price Index report, finding that U.S. home prices were up 0.4 percent for the month, and have gained 5.3 percent from one year ago.
Read More »Net Equity Among U.S. Mortgage Holders Rises by Nearly $1 Trillion
Net equity among U.S. mortgage holders has increased by nearly $1 trillion in the last year, reaching the highest level since 2007, according to Black Knight Financial Services July 2015 Mortgage Monitor.
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