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"black knight" Definitions
  1. a company that tries to buy another company that does not want to be bought

162 Sentences With "black knight"

How to use black knight in a sentence? Find typical usage patterns (collocations)/phrases/context for "black knight" and check conjugation/comparative form for "black knight". Mastering all the usages of "black knight" from sentence examples published by news publications.

Common stock * Black Knight Financial Services Inc- distribution plan is expected to be tax-free to all existing fnf and black knight stockholders.
Two weeks later, the Black Knight lost his other leg.
In the comics, Black Knight started a relationship with Sersi.
That is the highest share since 2008, according to Black Knight.
Bloomberg is the famed Black Knight of Monty Python fame. Agree?
That marks a seven-year high, according to Black Knight Financial Services.
Any% (No Kiln Skip) is a specific type of speedrun, where you don't take advantage of a completely different exploit, while BKGS and BKH refer to different types of weapons in the game (Black Knight Greatsword, Black Knight Herald).
Harington will play Dane Whitman, aka the heroic Black Knight, in the movie.
What he didn't know was that the Black Knight was known as a supervillain.
Foreclosure starts hit a 2350-year low in June, according to Black Knight Inc.
Fewer people are falling behind on mortgage payments, according to the data firm Black Knight.
Refinances for loans originated last year are leading the way, up 300% according to Black Knight.
Add it up, and that is $1.2 billion still on the table, according to Black Knight.
I won over 100 tournaments worldwide and the Grand Slam with my Black Knight blade putter.
If you've seen A Knight's Tale with Heath Ledger, he's in that—he's the Black Knight.
Prices nationally are up 5.7 percent in February year over year, according to Black Knight Financial Services.
About 2.9 million borrowers have mortgages with an outstanding balance higher than $500,000, according to Black Knight.
Harington's Whitman is a physicist who took over the mantle of the Black Knight from his uncle.
A bare iPad is like Monty Python's Black Knight; no arms, no legs, but the brain still works.
That annual gain had been accelerating in every other month this year, according to Black Knight Financial Services.
Matches turned into unintentionally hilarious homages to the "Black Knight" scene from Monty Python and the Holy Grail.
Alien Hunters Spent the Last Century Looking for the Black Knight Satellite In 1899, Nikola Tesla heard from aliens.
Nationally, home prices are 8 percent higher than their pre-crisis peak in 2006, according to Black Knight Inc.
Of those homeowners who are refinancing, however, more are doing cash-out deals, according to Black Knight Financial Services.
Unicredit, HSBC and Deutsche Bank were all trading higher with the latter receiving a price target upgrade from Black Knight.
Announce signing of formal agreements related to previously announced tax-free plan to distribute shares of black knight financial services, inc.
They include Austin, Texas, Boston, Charlotte, North Carolina, Dallas, Denver, Pittsburgh, Portland, Oregon, San Francisco and Seattle, according to Black Knight.
So there's this guy Miki Dora, known as "Da Cat" or "The Black Knight," and he was this total iconoclastic guy.
Some 6.8 million borrowers currently could benefit from a refinance, according to analysis by Black Knight, a mortgage data analytics company.
And some 90,000 of those borrowers became delinquent as a consequence of Hurricane Maria, according to the data firm Black Knight.
As ridiculous as that fictional encounter was, the Black Knight character was inspired by a real person, according to John Cleese.
This is the second-lowest payment to income ratio in 20 months, according to a new report from Black Knight Inc.
There are 8.1 million eligible borrowers for mortgage refinancing in the U.S., estimate Black Knight, a mortgage software and analytics company.
The original Black Knight was created by Stan Lee and Joe Maneely for the eponymous comic series The Black Knight, a period story set in the 6th century featuring Sir Percy of Scandia, a formidable fighter who carried the Ebony Blade, a sword made from a meteor and blessed by Merlin that protects its user from harm.
That is an increase of 25.13 million in just the past month, according to Black Knight, a mortgage software and analytics company.
Still, this is sort of like the never-say-die Black Knight from Monty Python and the Holy Grail, but with stars.
"Game of Thrones" star Kit Harington was cast as Dane Whitman, a non-eternal, who becomes a hero known as Black Knight.
Black Knight, according to Marvel Studios president Kevin Feige, who confirmed the news Disney at the D23 Expo in Anaheim, California, on Saturday.
That pushed the average cost of a home higher by more than $13,400 "almost overnight," according to researchers at Black Knight Financial Services.
Closed mortgage volume did post strong gains in the second quarter of this year, according to new data from Black Knight Financial Services.
Earlier this year, the company announced partnerships with Dun & Bradstreet, CoreLogic, and Black Knight providing it almost-exclusive access to data from each.
The number of homeowners behind on their mortgage payments has fallen to 82,100, according to statistics gathered by Black Knight, an analytics firm.
Refinance volume has been incredibly strong all year — 17% of the total active mortgage market, according to real estate analytics company Black Knight.
"We do see evidence that rising interest rates are generating some headwinds," said Ben Graboske, executive vice president of Black Knight Data & Analytics.
"Back in November 2018, we were reporting on home affordability hitting a nine-year low," said Black Knight Data & Analytics President Ben Graboske.
"Unlike the 66 percent of borrowers Black Knight identified a few months ago, who could have both likely qualified for and had incentive to refinance in the spring of 2015, but for whatever reason didn't do so, the vast majority of these new candidates did not have such incentive last year," said Ben Graboske, Black Knight data & analytics executive vice president.
Home affordability fell to the lowest levels in seven years at the end of 2016, according to a report from Black Knight Financial Services.
In fact, home equity jumped by a collective $260 billion in just the first quarter of this year, according to Black Knight Financial Services.
"Even after four years of improvement, the recovery has not reached all corners," said Ben Graboske, senior vice president of Black Knight Data & Analytics.
"There is no question that HELOCs being originated today are of exceptional credit quality," said Ben Graboske, Black Knight Data & Analytics senior vice president.
It's also continuing to add more data sources: along with this round, Reonomy is announcing new partnerships with CoreLogic, Black Knight and Dun & Bradstreet.
Close to 4.5 million borrowers are eligible and have a financial incentive to refinance, according to a new report from Black Knight Financial Services.
Black Knight defines tappable equity as the amount available for homeowners to borrow before reaching 80 percent of debt to value against their home.
U.S. homeowners were sitting on more than $113 trillion worth of collective tappable home equity at the end of June, according to Black Knight.
One of the most iconic scenes in the iconic "Monty Python and the Holy Grail" is the fight between Arthur and the Black Knight.
But the pinnacle of the genre, the moment when the medieval fish-out-of-water story peaked, was 2001's Martin Lawrence vehicle, Black Knight.
That may sound like a lot, but it was just one half of 1 percent of the cash available to borrowers, according to Black Knight.
As he keeps losing limbs, he comes across as an only mildly serious parallel to the Black Knight in Monty Python and the Holy Grail.
That caused huge jumps in home equity line delinquencies, which were up 74 percent last year, according to mortgage data firm Black Knight Financial Services.
Read this first Homeowners today have a collective $4.2 trillion in available home equity, up $600 billion over the last year, according to Black Knight.
The 2750 million homeowners with mortgages have a collective $2000 trillion in "tappable" equity, according to Black Knight Data & Analytics, which studies the mortgage industry.
That is the lowest volume in four years and the lowest share of available equity tapped since Black Knight began tracking the metric in 2008.
Conspiracy theorists have suggested the scientist received transmissions from a 13,000-year-old alien artifact in orbit around Earth, now known as the Black Knight Satellite.
Homeowners gained a collective $570 billion throughout 2016, bringing the number of homeowners with "tappable" equity up to 503 million, according to Black Knight Financial Services.
Well over a million borrowers could qualify and see at least $20173 per month in savings, according to a recent survey by Black Knight Financial Services.
After hitting an 2000-year low at the end of last year, refinance lending has nearly doubled over the past three quarters, according to Black Knight.
Home prices in March were up 3.8% annually, the first time growth has fallen below its 25-year average of 3.9% since 2012, according to Black Knight.
Stout ii will remain chief executive officer of combined company​ * Fidelity national financial inc - ‍existing black knight advisory services management consulting agreement will be terminated at closing.
After years of strong growth but with struggles to stay in the black, Knight and his team decided in December of 1980 to finally take Nike public.
With that increase, 2100 million borrowers now have at least 212 percent equity in their homes — averaging about $22000,000 per borrower, according to Black Knight Financial Services.
That means 294 million borrowers could refinance and lower their interest rates by at least 543 basis points, estimates Black Knight, a mortgage software and analytics company.
Of the 44 million borrowers who currently have at least 20% equity in their homes, the average amount they can tap is $136,000, according to Black Knight.
HELOC originations were up 210 percent year over year in 2016, hitting an eight-year high, according to Black Knight Financial Services, and they continue to rise.
Some in Brussels compare her to the Black Knight in "Monty Python and the Holy Grail," who still wants to fight after having lost all his limbs.
While refinance applications remain elevated due to lower rates, closed refinances actually fell in July and are down from a year ago, according to Black Knight Financial Services.
Home prices continue to rise and are now just one percent below their former peak of the housing boom a decade ago, according to Black Knight FInancial Services.
Rising interest rates have cut the number of eligible borrowers who could benefit from a refinance in half this year alone, according to new data from Black Knight.
In total, 3.2 million homeowners nationally still owe more on their mortgages than their homes are currently worth, according to a new count by Black Knight Financial Services.
Some of the famous (and chilling) space mysteries, like the face on Mars (it was shadows), or the black knight satellite "UFO" (it's satellite debris), have been solved.
Not surprisingly, fewer borrowers took equity out of their homes in the third quarter, either through home equity lines of credit or cash-out refinances, according to Black Knight.
The drop in rates after the Brexit vote brought the total number of borrowers who would benefit from a refinance to 8.7 million, according to Black Knight Financial Services.
"While we've observed increases across nearly every investor type, product type, credit score bucket and vintage, some changes stand out," said Ben Graboske, president of Black Knight Data & Analytics.
They cashed out $22.6 billion in home equity in the second quarter of this year, the largest amount since the middle of 2009, according to Black Knight Financial Services.
Total home equity nationally now stands at $9.8 trillion, about $6 trillion of which could be tapped under normal bank underwriting standards for second loans, according to Black Knight.
The loans of the past were also far riskier – mostly adjustable-rate mortgages, which, according to the Black Knight report, are virtually nonexistent among low down payment mortgages today.
He's good with a sword (like Black Knight, who's getting his own Marvel series), martial arts (like Shang-Chi), can shoot a bow and arrow (like Hawkeye), and more.
Yet Rutte's Black Knight meme may not be a comment on May's leadership style but a frank assessment of the political dysmorphia that currently threatens to dismember the United Kingdom.
Like the Black Knight in "Monty Python and the Holy Grail", who has had all his limbs chopped off by King Arthur, Mrs May is determined to carry on as normal.
As a result, the number of borrowers who could have benefited from a refinance this year alone dropped by 56 percent, according to a new report from analytics firm Black Knight.
"For the 2007 vintage, we've seen much higher rates of prepayment out of those HELOCs, mostly because there's been such a favorable interest environment," said Mitch Cohn, spokesman for Black Knight.
Total home equity nationwide has increased by nearly $1 trillion in just the last year, the highest since 2007, according to Black Knight Financial Services; borrowers, however, are not tapping it.
"I think you're seeing a little bit of reluctance both on the side of lenders and on the side of borrowers," said Andy Walden, director of market research at Black Knight.
The monthly principal and interest payment needed to purchase the average-priced home has seen a $190 per month increase since the beginning of 2018, an 18 percent jump, according to Black Knight.
Borrowers doing cash-out refinances last year still had close to 35 percent equity left in their home, the lowest on record, with an average credit score of 750, according to Black Knight.
Whether they choose to use it or not, the amount of equity today's homeowners are able to tap is at the highest level on record, according to a new report from Black Knight.
It said it had reached a conditional agreement to sell kiwi confectionery brands Mackintosh's, Heards, Black Knight and Fabulicious Red Licorice as well as other Oceania brands Life Savers and Oddfellows to Quadrant.
This from Black Knight Financial Services, which compared mortgaged properties in the FEMA-designated disaster areas in Houston to those in Hurricane Katrina, and the resulting delinquencies in the four months following Katrina.
In his book "Black Knight: Al Davis and his Raiders," author Ira Simmons details how a local columnist penned a mock petition asking for a new mascot days after the original was picked.
Lightsaber in hand, Rey spent much of Star Wars: The Force Awakens braving the Black Knight, a saber-toothed rabbit and the Castle of Aaaarrrgghhh... but she finally found the Jedi she sought. Almost.
Thankfully, someone else must still appreciate the greatness that is Black Knight, because a new video splices Martin Lawrence's jersey-wearing hero into Westeros as a new character in the Game of Thrones world.
In fact, borrowers in lower-priced homes are nine times more likely to be underwater on their mortgages than those in the top 20 percent of the market, according to Black Knight Financial Services.
This led to millions of borrowers falling underwater on their home loans as home prices fell, and leading to 7.1 million homes so far ending up in foreclosure, according to Black Knight Financial Services.
By the end of February, 22.1 million borrowers could have saved an average of $23.75,23.5 per year, representing a total of $20 billion in potential annual savings, according to an analysis by Black Knight.
Darth Vader will always be more iconic: He's a black knight with the unearthly baritone of James Earl Jones, the intimidating stature of David Prowse, and the sartorial style of a post-punk samurai.
"The last time interest rates rose as much as they have over the past few months, we saw cash-out refinances decline by 50 percent," said Ben Graboske, executive vice president at Black Knight.
Prices are up more than 28 percent from the depths of the crisis in North Las Vegas, rising almost three times as fast as the national average, according to the analytics firm Black Knight.
As part of its spinoff deal with Fidelity National Financial, J. Alexander's agreed to hire Black Knight Advisory Services, a management consulting firm whose principal member is William Foley II, chairman of Fidelity National Financial.
"While this will certainly impact buying power and housing demand as we enter the spring homebuying season, it's also had a massive impact on refinance incentive almost overnight," Black Knight researchers said in a monthly report.
Refinances are highly rate-sensitive, and the drop in rates added about 2 million more borrowers to the pool of those who could benefit from a refinance, according to Black Knight, a mortgage software and analytics company.
"If you look at the percent of the median income required to buy the median household, we're at 21 percent, which is very healthy," said Ben Graboske, senior vice president of data and analytics for Black Knight.
Homeowners today have considerably more skin in the game — 44 percent equity — than they did at the peak of the last housing bubble, when they had about 25 percent or less on average, according to Black Knight.
Just $54 billion in equity was withdrawn in the first quarter of last year, the lowest volume in four years and the lowest share of available equity tapped since Black Knight began tracking the metric in 2008.
The story that exposes all of the historical narratives and false legends about the chivalry and bravery of Medieval knights through vicious mockery turned history on its head even further in the encounter with the Black Knight.
The decrease in interest rates after the late June Brexit vote meant 1.3 million more borrowers could benefit from a mortgage refinance, bringing the total to 8.7 million, according to a new report from Black Knight Financial Services.
And available equity has grown in recent years, thanks to rising home values: Some 38 million homeowners now have at least 20 percent equity in their homes, worth an average of $116,000, according to Black Knight Financial Services.
The fresh money will assist Reonomy's plans for expansion in Canada and the UK. Earlier this year, the company announced preferred partnerships with Dun & Bradstreet, CoreLogic, and Black Knight providing it almost-exclusive access to data from each.
That drop means that now nearly 6.23 million borrowers can save money by refinancing their home loans and lowering their current rates by at least 75 basis points, according to Black Knight, a mortgage data and analytics company.
"All totaled, there was $64 billion in equity tapped via cash-out refinances over the past 12 months, the highest dollar amount for any equivalent 12-month period since 2008-2009," said Ben Graboske, Black Knight senior vice president.
So-called tappable equity, which is the amount available to a borrower before hitting the required minimum 20 percent equity in a home, fell in the last quarter of 2018 for the second straight quarter, according to Black Knight.
"I thought we were going to end up being the Black Knight in 'Monty Python and the Holy Grail'—no arms and no legs, a stump in the middle of the road yelling at people," one aide told me.
Over the course of 2000, the amount of equity borrowers could take out of their homes, or so-called tappable home equity, rose by $210 billion, the largest annual increase by dollar value on record, according to Black Knight.
After striking his shot, Nicklaus, tears welling in his eyes, helped Palmer to his feet as the 'King', the 'Golden Bear' and 'Black Knight' posed for the traditional first tee photograph while roars echoed through the tall Georgia pines.
At this point, the scenario reaches Monty Python-esque levels of absurdity, French fry woman becomes a track-pants and headphones version of the iron-willed Black Knight, completely unwilling to grasp the immensity of the odds stacked against her.
In fact, after hitting a record high, the amount of tappable equity, which is how much cash homeowners can pull out of their homes, fell quarter to quarter for the first time since the housing recovery began, according to Black Knight.
"The last time affordability ratios came close to this point (back in 2013 after a sharp rise in rates), there was an immediate reaction in terms of home price appreciation," said Ben Graboske, vice president of Black Knight Data & Analytics.
The drop last week meant that 8.2 million 30-year mortgage holders could likely qualify for a refinance and save at least 0.75% off their current interest rate by doing so, according to Black Knight, a mortgage software and analytics company.
These cities are seeing new listings sell 44-78 days more quickly than the rest of the U.S. The latest read on home prices nationally show them up 5.5 percent in December year-over-year, according to Black Knight Financial Services.
Red Sox 5, Yankees 4 BOSTON — In the comedy film classic "Monty Python and the Holy Grail," the resolute Black Knight loses limb upon limb, along with buckets of blood, in a sword duel, but he loses none of his defiance.
When rates dipped to their recent low, the number of borrowers with good credit scores and at least 20% equity in their homes who could save on a refinance surged to the largest on record, 11.7 million, according to Black Knight.
Though he is to deliver the letter to "the Black Knight with the White Shield," that knight is, no surprise, found grievously wounded — and it turns out Tiuri, no surprise again, will have to deliver the letter to the king himself.
During the housing boom, in 2006, they made up about 35 percent, according to Black Knight Financial Services Last week, the average rate on the 30-year fixed mortgage was 4.28 percent, a full point higher than the average a five-year ARM.
It now takes 22.2 percent of median income to make the monthly principal and interest payment on the median priced home, according to a new report from Black Knight Financial Services, which based the measure on borrowers using a 30-year fixed mortgage.
Of all the whiz-bang announcements that came out of this year's D23, there was one that proved to be a pretty big head-scratcher: Kit Harington was going to be joining the forthcoming Eternals movie as Dane Whitman, aka Black Knight.
On the Wired podcast "Geek&aposs Guide to the Galaxy" Monty Python member John Cleese spoke about the inspiration for the Black Knight scene in a memory of his time at school, where he was taught by a two-time World War veteran.
Buyer: Consortium led by CC Capital, Cannae Holdings, Bilcar, Black Knight, and Thomas H. Lee PartnersTarget company: Dun & BradstreetThe upshot: The deal, which closed in February, set the tone for the year as a multibillion-dollar transaction with a group of large investors.  
During his prolific career, the 81-year old "Black Knight," has golfed with some of the most influential people in the world, including President Bill Clinton, both George W. and George H.W. Bush, Gerald Ford, Richard Nixon, Dwight Eisenhower, Lyndon Johnson and John F. Kennedy.
"Homeowners who will still itemize under the new tax plan will likely find the lack of deductibility of HELOC interest swings the value pendulum towards cash-out refinances as a way to tap their equity," said Ben Graboske, executive vice president of Black Knight.
The collective amount of money borrowers could pull out of their homes, while still retaining 20% equity, hit a record $6.3 trillion in the second quarter of this year, according to a new reading from Black Knight, a mortgage data, technology and analytics company.
If the impact on homes is similar, more than 75,000 Houston borrowers could become unable to make a mortgage payment within the next two months and 45,000 could become seriously delinquent on their loans in the next four months, according to Black Knight Financial Services.
In the first quarter of this year alone, homeowners gained a collective $260 billion in additional home equity, thanks to higher home values, and with that increase, 38 million borrowers now have at least 20 percent equity in their homes, according to Black Knight Financial Services.
"As we approach the 10-year anniversary of the pre-crisis peak in U.S. housing prices, we're just under 3 percent off that June 2006 peak nationally, and 123 states have already passed their 2006 peaks," said Ben Graboske, executive vice president at Black Knight Data & Analytics.
The drop last week meant that 8.2 million 30-year mortgage holders could likely qualify for a refinance and save at least 0.75% off of their current interest rate by doing so, according to a new tally by Black Knight, a mortgage software and analytics company.
Deals included a US$2.53bn loan supporting financial data provider Dun & Bradstreet's buyout by CC Capital, Cannae Holdings, Thomas H. Lee Partners and Black Knight Inc and a US$1.65bn term loan backing home and community-based health services provider Brightspring Health Services' merger with PharMerica.
Besides several novels, many short stories and books on collages and home design, she wrote a series of memoirs, including "Black Knight, White Knight" (1987), on her first and second marriages, and "A Mother's Story" (1995), about harsh events in her life, particularly Carter's suicide in 1988.
On a single page, one comes upon Red Riders, the Green River, two black knights, one with a red shield and one with a white shield, and the Black Knight with a White Shield, while a page later Tiuri rides with Gray Knights along a Blue River.
"Whereas negative home equity was once a widespread national problem — with roughly 30 percent of all homeowners being underwater on their mortgages at the end of 2010 — it has now become much more of a localized issue," said Ben Graboske, executive vice president of Black Knight Data and Analytics.
With the average rate on the 22018-year fixed now close to 2348 percent, 2018 million borrowers could likely qualify for a refinance that could reduce their interest rates by at least three-quarters of a percentage point, according to Black Knight, a mortgage data and analytics company.
"This is a week to bring your best customers and clients together and give them a special experience on the golf course and hospitality and spend some quality time together," said Marc Player, CEO of Black Knight International, which specializes in golf course design, real estate and other ventures.
LONDON (Reuters) - A demob-happy David Cameron used his last appearance in parliament as Prime Minister to taunt embattled Labour leader Jeremy Corbyn, likening him to the hapless Black Knight comedy figure in "Monty Python and the Holy Grail" who was unable to see when he was beaten.
"Given that tappable equity continues to grow – $1723 trillion as of Q3 2019 – and the continued headwinds facing the HELOC (home equity line of credit) market, this is a segment lenders and servicers may likely focus on in coming months," said Ben Graboske, president of Black Knight Data and Analytics.
"While rising rates tend to dampen utilization of equity in general, the market is poised for a strong shift toward HELOCs, as they allow borrowers to take advantage of growing equity while holding on to historically low first-lien interest rates," said Ben Graboske, executive vice president of Black Knight Data & Analytics.
"The increase is primarily a function of the overall growth in purchase lending, but, after nearly four consecutive years of declines, low down payment loans have ticked upward in market share over the past 18 months as well," said Ben Graboske, executive vice president at Black Knight Data & Analytics, in a recent note.
"Given that we saw over $550 billion in tapable equity growth last year alone, this equates to borrowers only tapping into 15 percent of the growth in equity over the past 12 months, without even touching the $4.5 trillion balance in tappable equity available," said Ben Graboske, executive vice president of Black Knight Data & Analytics.
"While purchase originations jumped more than 50 percent from Q1, refinances saw only an eight percent increase over that period, and were actually down from the same time last year, despite the number of potential refinance candidates outpacing 2015 by over one million in every month since March," said Ben Graboske, vice president at Black Knight Data & Analytics.
"Lower rates have also increased the buying power for prospective homebuyers looking to purchase the average-priced home by the equivalent of 15%, meaning that they could effectively buy $45,000 'more house' while still keeping their payments the same as they would have been last fall," said Ben Graboske, president of Black Knight Data and Analytics.
"If rates go up 50 basis points from where they are now, 2.1 million borrowers will fall out of the running; a 0003-basis-point increase would eliminate another million, leaving only 2 million potential refinance candidates, the lowest population of refinance candidates in recent history," said Ben Graboske, senior vice president at Black Knight Data & Analytics.
The collective amount of so-called tappable equity, which is the appraised value of a home minus the 33 percent most lenders require borrowers to keep as a safety net, grew by 23 percent in the first quarter of this year compared with the previous quarter, according to Black Knight, a mortgage software and analytics company.
But if you watch this gameplay footage from Gamespot, it appears that Sega has finally worked out that one approach to making a not-awful Sonic game is to make it look exactly like it did on the Genesis: Which is, you know, not the most progressive approach to game development, but I'll take it over Sonic and the Black Knight.
Interest rates are expected to move even higher in the next few months, but even if they were to stay exactly where they are today, and home prices rise at the rate they have been, income levels would have to rise by about 5 percent annually, which is possible but unlikely, just to maintain the current level of affordability throughout 2017, according to Black Knight.
That added about 1.5 million borrowers to the pool of those who might be able to qualify for and benefit from a refinance, according to Black Knight, which defines refinance candidates as 30-year mortgage holders with a maximum 80% loan-to-value ratio and credit scores of 720 or higher, who could shave at least 0.75% off their current first lien rate by refinancing.
"The last time rates were at this level, cash-out withdrawals as a share of available equity were more than 25 percent above where they were in Q4 2018, suggesting we could see a noticeable rebound in homeowners tapping available equity via cash-out refis in coming months given the increased rate incentive to do so," said Ben Graboske, executive vice president of data and analytics at Black Knight.
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