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Black Knight s Optimal Blue PPE Integrates with Fannie Mae API to Offer Scenario-Specific, Servicing-Released Premium Pricing

Demand For Mortgages Sagged In April

Inman Connect Demand for mortgages sagged in April to the lowest level in almost a year, despite the fact that rates eased somewhat and remained near historic lows. That’s according to a new report from data and analytics firm Black Knight, which shows a major shift in the mortgage industry continues as lenders get more and more of their business from originating purchase loans and less from refinancing. Black Knight’s Originations Market Monitor shows purchase loans accounted for 55 percent of mortgage originations last month, up from 52 percent in March. March was a significant milestone in that it marked the first time since December, 2019 that lenders originated more purchase loans than refinancings.

Black Knight Expands its MSR Capabilities to Provide More Timely, Detailed Insight Into Portfolio Valuation to Servicers of All Sizes

Black Knight Expands its MSR Capabilities to Provide More Timely, Detailed Insight Into Portfolio Valuation to Servicers of All Sizes - The Black Knight MSR Platform gives lenders and servicers of all sizes greater visibility into asset performance relative to servicing activity, market movement and projections - Integration with Black Knight s best-in-class MSP servicing system enables daily, detailed data updates, providing more timely valuation insight - Black Knight recently released bulk bidding APIs to enable daily, loan-level pricing of lender pipelines and servicer portfolios using leading servicing broker assumptions for third-party valuation accuracy - Black Knight is now offering new levels of MSR insight based on a user s business size and growth targets; from daily, high-level portfolio valuation summaries to 24/7 access with loan-level granularity and user-designed, servicer-specific assumption sets

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