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Stock Market & Financial Investment News

News Breaks
July 29, 2014
09:03 EDTFNFBlack Knight Financial Services' platform selected by New American Funding
Black Knight Financial Services announced that New American Funding has signed a five-year contract to implement MSP, Black Knight's industry-leading mortgage and consumer loan servicing platform, to support New American Funding's growing servicing business. MSP, a complete, end-to-end system used by financial institutions to manage all servicing processes, including loan boarding, escrow administration, investor reporting and more, gives servicers the ability to meet all mortgage and consumer loan servicing needs for any size portfolio. Black Knight Financial Services is a Fidelity National Financial company,
News For FNF From The Last 14 Days
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May 20, 2015
08:17 EDTFNFFidelity National has upside following Black Knight Financial IPO, says Barclays
The 18M shares Black Knight Financial (BKFS) IPO was priced at $24.50 last night. Barclays said Fidelity National (FNF) owns approximately 56% of Black Knight Financial, implying $8 of equity value per a share of Fidelity National. The firm's sum-of-the-parts analysis indicates fair value of $42 for Fidelity National. Barclays rates Fidelity National an Overweight with a $38.50 price target.

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