Black Knight Introduces LoanSphere Servicing Digital, an Innovative Consumer-Focused Solution for Servicers Strengthens relationships and increases retention by giving consumers ongoing, detailed information about their loans and homes, and the tools to manage housing wealth 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 loansMortgage servicing customers can view up-to-date information on estimated home values, recent sales in t...
Black Knight’s First Look: May 2018 Sees Second Fewest Foreclosure Starts in 17 Years; Active Foreclosure Inventory on Pace to Hit Pre-Recession Average in Early Q3 2018 At 44,900, May 2018 saw the second lowest monthly foreclosure starts in more than 17 yearsJust 303,000 mortgages remain in active foreclosure; at 0.59 percent, the national foreclosure rate is now at its lowest point in 15 yearsAt the current rate of decline, national foreclosure inventories are on pace to hit the pre-recession average (2000-2005) in early Q3 2018May marked five consecutive months of declining delinquencies...
Black Knight Announces Acquisition of HeavyWater, Artificial Intelligence and Machine Learning Solution HeavyWater’s AIVA solution leverages artificial intelligence and machine learning to perform operational functions more efficiently and effectively than traditional methodsAIVA reads, comprehends and draws conclusions based on context to mimic cognitive thinking and build expertise over timeThese capabilities will be integrated into Black Knight’s premier solutionsBlack Knight will also offer this AI/ML technology to its clients to enhance efficiency and mitigate risk in other areas of th...
Black Knight Announces Secondary Offering of Common Stock and Repurchase of Common Stock JACKSONVILLE, Fla., March 13, 2018 (GLOBE NEWSWIRE) -- (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 that affiliates of Thomas H. Lee Partners, L.P. (together, the “Selling Shareholder”), intend to offer for sale 4,000,000 shares of the Company’s common stock pursuant to a shelf registration statement filed with the Securities and Exchange Commiss...
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