Black Knight Inc., a provider of integrated software, data and analytics to the mortgage, secondary market and real estate industries, has acquired eMBS Inc., which provides performance data and analytics on agency-backed securities to all market participants for insights to inform investment decisions pertaining to their mortgage-backed securities portfolios.
“The U.S. agency MBS market is the second-largest fixed income asset class, behind only U.S. Treasuries,” said Anthony Jabbour, CEO, Black Knight. “eMBS is the undisputed leader in providing a complete and timely view that combines data from the three agencies that make up this massive asset class.”
“Black Knight is the perfect choice to continue eMBS’ mission to provide efficient and cost-effective access to agency MBS data,” said Larry Gioia, president and founder of eMBS Inc. “Our capabilities will complement Black Knight’s comprehensive, nationwide mortgage data and enhance its ability to provide sophisticated analytics for GSE and Ginnie Mae loan pools, as well as REMICs. The result will be the most comprehensive view of U.S. residential mortgage whole loan and security performance in existence. eMBS would like to thank the many industry participants who have supported us and we look forward to continuing to support you as part of Black Knight.”
“By integrating eMBS within the Black Knight solutions ecosystem, we can provide the industry’s preeminent agency data and analytics to clients of both companies, while helping them make informed decisions around mortgage-backed securities investment and research,” Jabbour added. “eMBS is a valuable addition to our comprehensive ecosystem and will help Black Knight solidify our leadership in the mortgage secondary markets.”
Keefe, Bruyette & Woods, a Stifel company, served as exclusive financial advisor to eMBS.