Ditech Transforms step 1.4 Billion Consumers to help you Black Knights LoanSphere MSP Maintenance Program

JACKSONVILLE, Fla. Ditech Monetary LLC (Ditech) and you can Black Knight Monetary Properties, Inc . (NYSE:BKFS), a leading vendor regarding provided technical, analysis and statistics to the financial and you can home marketplace, announced today you to Ditech, keeps converted everything step 1.cuatro billion users from the repair and you will sandwich-maintenance portfolios to LoanSphere MSP, Black colored Knight’s community-leading mortgage upkeep program.

MSP now offers just one, complete program to help with mortgages and you will domestic collateral products which helps subscribers carry out most of the servicing procedure, along with financing boarding, payment handling, escrow administration, default administration and more.

I chosen MSP for the ability to promote Ditech having an effective, industry-important repair provider into level to support our upkeep and you may sub-maintenance company. I greet this technology tend to then increase our capability to send a superb customers sense and additionally the conformity potential, an important attention within industry’s ever-changing regulatory ecosystem, told you David Schneider, chairman out of Ditech. We believe brand new sales was successful, largely due to the tireless efforts out-of Ditech’s experienced and you will skilled group combined with Black colored Knight’s knowledgeable implementation and you may assistance groups, just who considering solid tech, application and working guidance about process.

Once the prior to now announced, Ditech together with implemented LoanSphere Bankruptcy proceeding and you can Foreclosures, a business workflow software to help with the fresh bankruptcy proceeding and you may foreclosures procedure; and you can LoanSphere Charging, a web site-founded provider one streamlines charging you and you can billing. Each other selection integrate which have MSP.

Black Knight have a strong reputation winning sales, therefore we have been very happy to lover with Ditech to help with that it execution, said Joe Nackashi, chairman out of Black colored Knight’s Upkeep Innovation department. We anticipate continuing our very own partnership that have Ditech because of the support their operational needs and you can upcoming achievements.

Regarding the Ditech

Ditech Monetary LLC (Ditech) produces economically sound homeownership possible for many consumers. Ditech try a well-known lender and you can servicer off home-based mortgages. With more than cuatro,five hundred group for the cities along the You.S., the business provides domestic home loan points courtesy a small grouping of domestic financing experts that easily accessible from the mobile phone (1-800-700-9212) an internet-based. On top of that, Ditech’s Correspondent Lending Section people that have 600+ financial institutions nationwide. Ditech is owned by Walter Capital Administration Corp. (NYSE: WAC), the leading varied financial financial corporation. To find out more, please go to ditech .

Throughout the LoanSphere

LoanSphere try Black Knight’s prominent, end-to-end platform off incorporated tech, analysis and analytics giving support to the entire mortgage and you may home equity loan lifecycle away from origination so you can maintenance to standard. The working platform brings company process automation, workflow, statutes and included data on the financing techniques, delivering a better consumer experience, benefit and you can support having altering regulatory criteria. From the partnering financing services and you can study, Black colored Knight’s LoanSphere support loan providers and servicers cure risk, improve performance and drive economic overall performance.

Regarding the Black Knight Monetary Features, Inc.

Black colored Knight Monetary Qualities, Inc. (NYSE: BKFS), a beneficial Fidelity National Financial (NYSE:FNF) company, is actually a number one provider out-of incorporated tech, loans Bridgewater CT analysis and you will statistics choice one to assists and you can automate a few of the company procedure along the financial lifecycle.

Black Knight Financial Attributes is actually purchased being a top business companion one loan providers and you will servicers trust to attain the proper wants, comprehend higher achievements and better suffice their clients by taking best-in-category technology, properties and you will opinion which have a persistent dedication to perfection, creativity, stability and you can leaders. For additional information on Black Knight Monetary Features, please go to bkfs

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