IndiSoft, Columbia, Md., launched The Homeowner Connect to help servicers communicate effectively with borrowers who need loss mitigation help during the COVID-19 crisis.
Tag: Black Knight
Black Knight ‘First Look:’ March Delinquencies First Sign of Coronavirus Impact
March is usually the strongest month of the year for mortgage performance, says Black Knight, Jacksonville, Fla. Not this year.
Black Knight: COVID-19 Unemployment Spike Triggering Surge in Mortgage Forbearance Requests
Leading up to the coronavirus outbreak, said Black Knight, Jacksonville, Fla., the vast majority of mortgage performance metrics were at or near record levels. Now, says Black Knight Data & Analytics President Ben Graboske, the mortgage market has been turned upside down.
Industry Briefs
Black Knight, Jacksonville, Fla., released a white paper that provides an in-depth evaluation of the impact the extended disruption of the COVID-19 pandemic may have on the housing and mortgage industries.
Black Knight ‘First Look:’ Foreclosure Starts Lowest Level on Record; February Delinquencies Up Slightly
Black Knight, Jacksonville, Fla., said February foreclosure starts fell 25% from January and 20% from a year ago, reaching their lowest level on record since it began publicly reporting the metric in 2000.
Black Knight First Look: Mortgage Delinquencies Fall to Lowest Level on Record
Black Knight, Jacksonville, issued its First Look Mortgage Monitor, reporting mortgage delinquencies fell by more than 5% in January, hitting their lowest level on record dating back to 2000.
Industry Briefs
First American Financial Corp., Santa Ana, Calif., a provider of title insurance, settlement services and risk services for real estate transactions, and Docutech, a provider of document, eClose and fulfillment technology for the mortgage industry, signed an agreement for First American’s acquisition of Docutech.
Black Knight: Low Interest Rates Translates into Home Buying Power
Black Knight, Jacksonville, Fla., said despite four consecutive months of accelerating home price growth, falling interest rates have increased home buying power, making homes their most affordable since 2018.
Black Knight ‘First Look:’ Strong Close to 2019 Pushes Mortgage Delinquency Rate to Near-Record Low
Black Knight, Jacksonville, Fla., said mortgage delinquencies fell by nearly 4% month-over-month to within 0.04% of the record low set this past May and more than 12% below from a year ago.
Black Knight: Servicer Retention Rates Fall in Q3 Despite 3-Year High in Refinance Volumes
Black Knight, Jacksonville, Fla., said After hitting an 18-year low in Q4 2018, refinance lending has nearly doubled (+94%) over the past three quarters.