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Showing posts from May, 2015

Black Knight Debuts IPO at $441M

Black Knight Financial Services Debuts IPO at a Total Price of $441 Million

An initial public offering (IPO) of 18 million shares of Class A common stock from Black Knight Financial Services, a Jacksonville, Florida-based technology, data, and analytics solutions provider for the mortgage industry, debuted Wednesday morning at the New York Stock Exchange. Black Knight debuted the IPO at the NYSE Wednesday morning at $24.50 per share, a total of $441 million, according to a press release from the company on Tuesday. By the time trading closed at 4 p.m. eastern time Wednesday, the price of the stocks had increased by more than 10 percent up to $27.11 per share, according to the NYSE website. Click here for an up-to-the-minute update on the price. Services offered by Black Knight include selling access to cloud platforms that handle every part of the loan process to a large network of mortgage industry professionals and selling access to mortgage servicing platforms to companies that coll…

Franchises, Brokerages, And Agents plot to regain on listing data

While franchises, brokerages and agents fume and plot how to regain control of the listing data, Zillow Group (ZG), realtor.com, CoreLogic and others are sucking down the MLS-style sold data — that’s what is going to kill you. The brokerage industry is now running scared because the four main portals capture about 50 percent of all real estate-related Internet traffic, with ZG owning most of it. But published listing data is not your real problem. Read the full story here.
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Christine CerdaMBA-GM, Realtor SFR, e-PRO, CDPE, CIAS, REO, OICP Guarantee Real Estate Fig Garden Village since 2005
756 W Shaw
Fresno, CA  937…