When Bots Misbehave
Black Knight white paper looks at the pros and cons of using AI in the mortgage industry.
Black Knight white paper looks at the pros and cons of using AI in the mortgage industry.
Increase was first since March 2022, ending nine consecutive months of declines.
Housing prices, mortgage rates continue to decline but affordability still an issue.
First Look report
Both Black Knight’s OMM report and MCTlive! Lock volume indices show a 90% decline in YOY volume.
Black Knight 'First Look' finds signs that more homeowners are struggling to make payments.
Overall rate lock dollar volume down 21.5% month over month, remaining at the lowest level since February 2019.
Black Knight says the housing market correction has only just begun.
Black Knight acquired the property-search unit from FNF in 2014.