Calendar-driven effects and fewer hurricane-related delinquencies resulted in a 210,000-loan decline in the number of past-due mortgages 146,000 loans remain delinquent as a result of Hurricanes Harvey and Irma, 132,000 of which are seriously delinquent An early look at January data on the mortgage market in Puerto Rico shows an additional 57,000 loans still delinquent […]
Black Knight Inc. announced today that Rushmore Loan Management Services LLC , a multi-faceted residential mortgage servicer and lender located in Irvine, California; Dallas, Texas; and San Juan, Puerto Rico, has signed a renewal agreement for LoanSphere MSP, Black Knight's industry-leading servicing system. MSP's innovative technology will continue to support Rushmore Loan Management's efforts to […]
First Interstate Bank Signs Renewal for Black Knight's Comprehensive LoanSphere MSP Servicing System; Agreement Extends Bank's 35-Year Relationship with Black Knight The MSP servicing system will continue to provide First Interstate Bank with a proven technology that will help the bank increase operational efficiencies and support its efforts to remain compliant with regulatory requirements. First […]
Black Knight's First Look at October 2017 Mortgage Data: National Delinquency Rate Sees Second Consecutive Annual Rise as Impact from Hurricanes Continues October's 4BPS increase in the national delinquency rate can be directly linked to continued hurricane impact, while delinquencies fell 14BPS in non-affected areas Though delinquencies were down in all states except Texas and […]
MSP is a comprehensive, end-to-end loan servicing system that encompasses all aspects of servicing, from loan boarding to default. The MSP servicing system will continue to provide First Bank Mortgage with a proven technology that will help the bank increase operational efficiencies and support its efforts to remain compliant with regulatory requirements. Foreclosure News
Black Knight's First Look at September 2017 Mortgage Data: Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages Nationally, the number of non-current mortgages jumped by 214,000 , driven primarily by fallout from Hurricanes Harvey and Irma FEMA-declared hurricane disaster areas accounted for the bulk of the increases; non-current inventory rose by 84,000 in Irma […]
Black Knight's Mortgage Monitor: Most Borrowers Impacted by Hurricane Harvey Have Significant Equity; 350,000 in Hurricane Irma Disaster Areas Have Negative or Limited Equity Black Knight's Mortgage Monitor: Most Borrowers Impacted by Hurricane Harvey Have Significant Equity; 350,000 in Hurricane Irma Disaster Areas Have Negative or Limited Equity Average combined loan-to-value ratio for homeowners with […]
Black Knight's First Look at August 2017 Mortgage Data: Hurricane Harvey Impact Already Being Felt in the Mortgage Market as Delinquencies Jump 16 Percent in Affected Areas Nationally, delinquencies remained relatively flat from July, while delinquencies in Hurricane Harvey- impacted areas rose by 16 percent month over month Despite most payments being due August 1, […]