BLACK KNIGHT FINANCIAL SERVICES overview

LoanSphere Servicing Digital gives consumers the anywhere, anytime ability to make loan payments, explore various “what-if” scenarios around payment and refinance options, and receive notifications about their loans Mortgage servicing customers can view up-to-date information on estimated home values, recent sales in their neighborhoods, opportunities for maximizing equity and refinancing options Built and tested with consumers in mind to meet today’s expectations for fast, simple and...

At 44,900, May 2018 saw the second lowest monthly foreclosure starts in more than 17 years Just 303,000 mortgages remain in active foreclosure; at 0.59 percent, the national foreclosure rate is now at its lowest point in 15 years At the current rate of decline, national foreclosure inventories are on pace to hit the pre-recession average (2000-2005) in early Q3 2018 May marked five consecutive months of declining delinquencies, as post-hurricane improvement continues Delinquency improvements in...

HeavyWater’s AIVA solution leverages artificial intelligence and machine learning to perform operational functions more efficiently and effectively than traditional methods AIVA reads, comprehends and draws conclusions based on context to mimic cognitive thinking and build expertise over time These capabilities will be integrated into Black Knight’s premier solutions Black Knight will also offer this AI/ML technology to its clients to enhance efficiency and mitigate risk in other areas of...

Rising home prices and interest rates have increased the monthly payment on a median-priced home purchased with a 20 percent down payment by $150/month Recent income growth – though better than long-term norms – has not been sufficient to keep up with rising rates and prices Affordability is still better than long-term averages across much of the country, but seven states are now less affordable than their long-term norms, with another 12 states approaching that point Washington, D.C.,...

Historically, mortgage delinquencies have risen 85 percent of the time in April; this month they declined 1.6 percent – about equal to the size of their average usual increase April’s decline halted a seven-month trend of annual increases in the national delinquency rate Areas impacted by Hurricanes Harvey and Irma led April’s delinquency improvement, but slight declines were seen in non-affected areas as well Over 90,000 seriously delinquent mortgages (90 or more days past due) attributed...

Home Point Financial completed its implementation of Black Knight’s LoanSphere MSP system, as well as its LoanSphere Bankruptcy, Foreclosure and Invoicing applications Black Knight was selected because of its track record of supporting servicers’ regulatory compliance, as well as its proven solutions that help clients increase operational efficiencies JACKSONVILLE, Fla., May 14, 2018 (GLOBE NEWSWIRE) -- Black Knight, Inc. (NYSE:BKI) announced today that Home Point Financial , a national,...

JACKSONVILLE, Fla., May 09, 2018 (GLOBE NEWSWIRE) -- Black Knight, Inc. (NYSE:BKI), a leading provider of integrated software, data and analytics to the mortgage and real estate industries, was named one of the area’s Healthiest Companies by the First Coast Worksite Wellness Council (FCWWC), an organization whose mission is to improve the health of the First Coast community by sharing resources and providing guidance through its member businesses. Selected companies were awarded in April at...

JACKSONVILLE, Fla., May 09, 2018 (GLOBE NEWSWIRE) -- Black Knight, Inc. (NYSE:BKI) (the “Company” or “Black Knight”), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital market verticals, today announced the pricing of the previously announced underwritten public offering by affiliates of Thomas H. Lee Partners, L.P., members of the board of directors and members of management (together, the “Selling Shareholders”)...