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Black Knight's Mortgage Monitor Report says prices rose the most month over month since May 2022.
Nearly half of mortgaged homes remain equity-rich, while level of seriously underwater mortgages remains unchanged.
Home equity solutions firm also announces expansion into Oregon and Utah.
Company provides a cloud-based platform for home equity lending to credit unions and community banks.
Black Knight says the housing market correction has only just begun.
Allows borrowers to take cash out of their built-up equity and preserve their low first mortgage rate.
