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The Latest Breaking News from Black Knight

AFC Bournemouth’s owner Bill Foley behind US takeover of Exeter Chiefs

Bill Foley is poised to take control of Exeter Chiefs in a multimillion-pound deal that will bring Premier League and Hollywood glamour to rugby

The Guardian - UK

Hibernian closing in on new chief executive as part of board changes

The National (Scotland)

Hibernian’s relationship with Black Knight Group not damaged

Hibernian’s relationship with Black Knight Group not damaged, says Ian Gordon.

The National (Scotland)

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Housing math just isn’t mathing, a Fed president says, ripping into NIMBYism and homes that are ‘increasingly unattainable for too many workers'

Tom Barkin, president of the Federal Reserve Bank of Richmond, sees math that doesn't add up for too many—and he thinks "NIMBYism is real."

Fortune

The U.S. housing market has gotten so expensive that income would have to jump 55% to make buying 'affordable,' real estate executive says

Personal incomes would have to soar to make up for the higher home payments created by rising mortgage rates.

Fortune

House poor is back: 'the new normal for the foreseeable future'

"The current level of mortgage payments might be the new normal for the foreseeable future" says Buck Horne, director of equity research at Raymond James.

Fortune

The man who bought the NYSE just made a $11.9 billion bet that he can fast-track your mortgage for far less than you’re paying now

ICE's Jeff Sprecher is crusading to modernize the painfully slow home loan loop that typically takes around two months and costs about $8,000.

Fortune

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How do you buy a home with little or no credit? Turn rent payments into credit score points

Zhiqiang Su, 50, and Yuping Liang, 50, moved from China to Chicago in 2020, seeking a life with better education opportunities for their now 21-year-old daughter and more freedom.

Chicago Tribune

Housing market inventory is so tight that only one of the nation’s 100 largest markets saw a home price decline in May

Black Knight: Among the nation’s 100 largest housing markets, 99 saw a home price increase in May.

Fortune

93 major housing markets saw home price gains in March while 7 declined, says Black Knight

“A modest bump in homebuyer demand [this spring] ran headlong into falling for-sale supply,” says Andy Walden, VP of enterprise research strategy at Black Knight.

Fortune

Is this a home price bottom or a head-fake? 79 major housing markets saw gains in February while 19 declined

The home price correction is running out of steam—fast.

Fortune

Looking to buy a home this spring? Good luck, there's not much out there

Over the last few months, Larry Chanes and his wife, Claudia, debated selling their Upland home and moving an hour away to Murrieta. The couple, with two daughters at home, wanted more space and to be closer to work and family.

Los Angeles Times

Why This Housing Downturn Isn't Like the Last One

The pandemic housing boom is over. The bust will look nothing like the last one.

Bangkok Post

As home prices decline, Southern Californians who bought at the peak are nervous

Surging mortgage interest rates threatened to squash Michael and Christine Hawkins' dream of home ownership. But this fall when the couple saw a Canoga Park condo languish on the market, they devised a plan.

Los Angeles Times

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The Guardian - UK

‘Always advance, never retreat’: Bill Foley seals Bournemouth takeover

Bill Foley has completed his takeover of Bournemouth from Maxim Demin after the deal was ratified by the Premier League

The Independent UK

LOCALIZE IT: Mortgage rates up, applications down across US

EDITORS/NEWS DIRECTORS:

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 9, 2022

Upgrades

Benzinga

Merger Arbitrage Mondays - Black Knight (BKI) To Be Acquired By Intercontinental Exchange (ICE)

Merger activity decreased last week with three new deals announced and four deals completed. Two of the three deals announced were potential deals in the works. We saw yet another SPAC business combination fall apart. Black Knight (NYSE: BKI)

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news in one place.

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Tribune News Service

Intercontinental Exchange to pay $13.1 billion for data company

Atlanta-based Intercontinental Exchange has agreed to buy Black Knight, a real estate analytics company, for $13.1 billion, according to a news release from the companies.

Benzinga

Recap: Black Knight Q1 Earnings

Black Knight (NYSE:BKI) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, May 5

CNBC

Benzinga

Intercontinental Exchange To Scoop Black Knight At 34% Premium

Intercontinental Exchange, Inc (NYSE: ICE)

Benzinga

Black Knight: Q4 Earnings Insights

Black Knight (NYSE:BKI) reported its Q4 earnings results on Tuesday, February 15, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Black Knight Earnings Preview

Black Knight (NYSE:BKI) is set to give its latest quarterly earnings report on Tuesday, 2022-02-15. Here's what investors need to know before the announcement. Analysts estimate that Black Knight will report an earnings per share (EPS) of $0.62.

Tribune News Service

Millones de propietarios aún pueden reducir los pagos de su hipoteca con la refinanciación

Incluso con el aumento de las tasas hipotecarias desde el comienzo del año, millones de propietarios estadounidenses aún pueden beneficiarse de una refinanciación. La firma de datos hipotecarios Black Knight estima que aproximadamente 6 millones de propietarios de viviendas podrían ahorrar un promedio de $275 al mes mediante el intercambio…

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