STOCK TITAN

Black Knight Inc - BKI STOCK NEWS

Welcome to our dedicated news page for Black Knight (Ticker: BKI), a resource for investors and traders seeking the latest updates and insights on Black Knight.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Black Knight's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Black Knight's position in the market.

Rhea-AI Summary
Black Knight, Inc. (NYSE: BKI) announced unaudited financial results for Q2 and the six months ended June 30, 2023, with a 4% revenue decline due to lower origination volumes and the proposed merger with Intercontinental Exchange. Executive Chairman Anthony Jabbour emphasized the company's focus on strategic initiatives and improving performance despite uncertain market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
-
Rhea-AI Summary
NYSE:BKI - Mortgage Clearing Corporation (MCC) signed a contract with Black Knight, Inc. for the MSP loan servicing system and other integrated solutions. The Oklahoma-based company aims to enhance customer service and streamline processes with advanced digital capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
-
Rhea-AI Summary
The national delinquency rate remains near record lows, with June marking the third lowest level on record. Serious delinquencies dropped to the lowest since 2006, while early-stage delinquencies increased slightly. Foreclosure starts also increased slightly. Black Knight will provide a more detailed analysis in its monthly Mortgage Monitor report.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
Rhea-AI Summary
Black Knight, Inc. (NYSE: BKI) will report its second quarter 2023 financial results on August 3, 2023. The company will not host a conference call or provide forward-looking guidance due to the proposed transaction with Intercontinental Exchange, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
conferences earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.14%
Tags
none
-
Rhea-AI Summary
Black Knight released a case study showing how self-service technology (SST) deployed by loan servicers during natural disasters can improve loss mitigation outcomes. The study found that many borrowers embraced SST during the COVID-19 pandemic and other disasters, leading to improved communication and outcomes. SST provides borrowers with convenient access to assistance options, helping them stay in their homes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
Rhea-AI Summary
The Optimal Blue Mortgage Market Indices showed a rise in 30-year conforming rates in June. Overall rate lock volumes were down, but conforming loans gained share. Purchase lock counts were significantly lower compared to last year and pre-pandemic levels. The average purchase price continued to rise, while the average loan amount remained flat. Credit scores also increased, with the average credit score among purchase locks reaching a record high. The adjustable-rate mortgage share decreased, and the 10-year Treasury yield rose.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
-
Rhea-AI Summary
The national delinquency rate fell to 3.10% in May, the lowest since March 2023. Serious delinquencies improved by 3.7% and foreclosure starts increased by 2.2%. Prepayment activity rose to the highest level since September 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
none
Black Knight Inc

NYSE:BKI

BKI Rankings

BKI Stock Data

11.88B
152.75M
3.51%
92.28%
1.04%
Software Publishers
Information
Link
US
Jacksonville

About BKI

leading provider of integrated software, data and analytics solutions across the homeownership life cycle.