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Black Knight Inc. has acquired Ernst Publishing, a provider of technology and closing cost data for the real estate and home finance industries
Black Knight Buys Ernst Publishing
Black Knight Inc. has acquired Ernst Publishing, a provider of technology and closing cost data for the real estate and home finance industries. Terms of the transaction were not made public.   According to the companies, Black Knight... Read more
What is the biggest fear to agitate the mortgage industry? According to a new survey by Genworth Mortgage Insurance, it is the prospect of rising interest rates
Survey: Mortgage Professionals Fear Rising Rates
What is the biggest fear to agitate the mortgage industry? According to a new survey by Genworth Mortgage Insurance, it is the prospect of rising interest rates.   The new survey, which polled 203 industry executives during the recent... Read more
Home prices are still rising, and increased levels of mortgage credit availability are helping unite borrowers with properties, according to two new data reports
Mortgage Credit Availability, Home Prices Up
Home prices are still rising, and increased levels of mortgage credit availability are helping unite borrowers with properties, according to two new data reports.   The Mortgage Bankers Association (MBA) reported a 2.5 percent increase in... Read more
Primary Residential Mortgage Inc. (PRMI), which funded more than $5.4 billion in home loans in 2017, has been awarded a 2018 Top Workplaces honor for the third year in a row by The Salt Lake Tribune
PRMI Honored by Salt Lake Tribune as “Top Workplace”
Primary Residential Mortgage Inc. (PRMI), which funded more than $5.4 billion in home loans in 2017, has been awarded a 2018 Top Workplaces honor for the third year in a row by The Salt Lake Tribune. The list is based solely on employee... Read more
San Franciso-based Credit Karma is moving across the Atlantic with its acquisition of Noddle, a TransUnion company based in London
Credit Karma Expands Into U.K. Market
San Franciso-based Credit Karma is moving across the Atlantic with its acquisition of Noddle, a TransUnion company based in London.   Noddle and its parent company, Callcredit, were acquired by TransUnion earlier this year, and it provides... Read more
CoreLogic has hired Ralph McLaughlin as Deputy Chief Economist
Ralph McLaughlin Joins CoreLogic as Deputy Chief Economist
CoreLogic has hired Ralph McLaughlin as Deputy Chief Economist.   In his new role, McLaughlin will lead economic research using the CoreLogic resources including the CoreLogic Case-Shiller Home Price Index. He is also being tasked with... Read more
The number of mortgage holders with an interest rate incentive to refinance is now at 1.86 million, 56 percent decrease from the start of the year
Interest Rate Hikes Negatively Impact Refi Sector
The number of mortgage holders with an interest rate incentive to refinance is now at 1.86 million, 56 percent decrease from the start of the year, according to new data from Black Knight Inc., which added that approximately 6.5 million... Read more
Home sales will inch up in 2019 while prices rise at a slower pace, according to a new forecast from the National Association of Realtors (NAR)
Home Sales to Rise in 2019
Home sales will inch up in 2019 while prices rise at a slower pace, according to a new forecast from the National Association of Realtors (NAR).   NAR Chief Economist Lawrence Yun expected existing-home sales will finish 2018 with 5.345... Read more
Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4 billion in the second quarter but higher than the $3.04 billion from the third quarter of 2017
Fannie Mae Generated Nearly $4B in Q3 Income
Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4 billion in the second quarter but higher than the $3.04 billion from the third quarter of 2017.   The government-sponsored enterprise (GSE)... Read more
NAMB has created NAMB Association Services, a subsidiary designed to improve the relationship between the organization and its members
NAMB Launches Subsidiary to Handle Member Relations
NAMB has created NAMB Association Services, a subsidiary designed to improve the relationship between the organization and its members.   In a statement issued by NAMB, the organization said the new subsidiary would work with constituents... Read more