Piper Jaffray Raises Price Target on Black Knight Financial Services (BKFS) Following 2Q Report
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Black Knight Financial Services Reports Second Quarter 2016 Financial Results
July 20, 2016 4:05 PM EDTJACKSONVILLE, Fla., July 20, 2016 /PRNewswire/ -- Black Knight Financial Services, Inc. (NYSE: BKFS), a leading provider of technology, data and analytics solutions to the nation's top mortgage lenders and servicers, today announced financial results for the second quarter and six months ended June 30, 2016.Â
Revenues for the second quarter of 2016 increased 10% to $255.5 million from $232.1 million in the prior year quarter. Net earnings attributable to Black Knight Financial Services, Inc. for the second quarter of 2016 were $11.4 million, or $0.17 per diluted share,... More
New Capabilities in Black Knight's LoanSphere Empower Loan Origination System Enhances Support for Home Equity Products
July 19, 2016 9:00 AM EDTJACKSONVILLE, Fla., July 19, 2016 /PRNewswire/ --
Multiple significant enhancements have been added to the Empower loan origination system to support home equity loans and lines of credit New enhancements provide a streamlined, end-to-end home equity lending application and fulfillment process With Empower, home equity products and mortgage loans can be originated on one system, helping lenders increase efficiencies, maintain regulatory compliance, mitigate risk and improve customer serviceBlack Knight Financial Services, Inc. (NYSE:... More
