JACKSONVILLE, Fla. Ditech Monetary LLC (Ditech) and you will Black colored Knight Financial Services, Inc . (NYSE:BKFS), a number one vendor off included tech, investigation and you may statistics with the mortgage and you can a property opportunities, established today one Ditech, has translated whenever 1.cuatro million people from its servicing and you can sandwich-maintenance portfolios to LoanSphere MSP, Black colored Knight’s business-leading financing maintenance program.
MSP has the benefit of a single, comprehensive system to help with mortgage loans and you can house equity products that assists readers carry out most of the upkeep process, also loan boarding, commission operating, escrow management, default management plus.
I selected MSP because of its power to provide Ditech which have a powerful, industry-simple servicing solution towards the level to support our upkeep and you can sub-maintenance company. I greet this particular technology usually subsequent enhance the power to submit an exceptional customers feel in addition to the conformity opportunities, a significant attention within industry’s actually-modifying regulating environment, said David Schneider, chairman out-of Ditech. We think the transformation succeeded, mainly as a result of the tireless services from Ditech’s experienced and you may talented professionals combined with Black colored Knight’s educated implementation and you will assistance teams, which provided good technology, software and you will working advice on process.
Once the in earlier times established, Ditech in addition to implemented LoanSphere Bankruptcy proceeding and you will Foreclosure, an enterprise workflow software to support the newest bankruptcy and you may foreclosure techniques; and LoanSphere Invoicing, a web site-based solution you to streamlines asking and you can billing. One another possibilities integrate with MSP.
Black Knight has a strong track record of successful sales, and in addition we was pleased to mate with Ditech to support this implementation, said Joe Nackashi, president of Black Knight’s Servicing Innovation department. We look ahead to proceeded all of our relationship with Ditech from the supporting its working requires and you may future achievements.
About Ditech
Ditech Economic LLC (Ditech) can make financially sound homeownership simple for countless people. Ditech is a well-known bank and servicer regarding domestic mortgage loans. With more than cuatro,five hundred teams when you look at the cities over the U.S., the firm will bring domestic financial things courtesy a group of family loan pros who’re obtainable because of the mobile phone (1-800-700-9212) and online. Concurrently, Ditech’s Correspondent Credit Office people with 600+ financial institutions nationwide. Ditech was owned by Walter Investment Management Corp. (NYSE: WAC), a respected diversified home loan financial organization. To learn more, please go to ditech .
Throughout the LoanSphere
LoanSphere is Black Knight’s biggest, end-to-end program from included technology, data and you can analytics giving support to the whole mortgage and you will domestic equity loan lifecycle away from origination so you can servicing so you’re able to default. The platform provides organization procedure automation, workflow, guidelines and incorporated research on financing techniques, bringing a better consumer experience, economy and you will assistance to possess modifying regulatory conditions. From the integrating lending functions and studies, Black Knight’s LoanSphere facilitate loan providers and servicers clean out risk, boost performance and push monetary efficiency.
About Black colored Knight Monetary Characteristics, Inc.
Black colored Knight Monetary Functions, Inc. (NYSE: BKFS), a Fidelity National Monetary (NYSE:FNF) team, are the leading supplier regarding provided technology, data and you may analytics selection you to assists and you may automate some of the organization processes over the financial lifecycle.
Black Knight Economic Attributes is invested in becoming a leading company lover you to loan providers and you will servicers rely on to achieve the proper needs, realize higher victory and higher suffice their customers by getting most readily useful-in-class technical, services and notion which have a persistent commitment to excellence, innovation, integrity and you may management. For additional info on Black colored Knight Monetary Properties, kindly visit bkfs
Disclaimer and you will Cautionary Note Out-of Give-Searching Comments It pr release includes forward-appearing statements when you look at the meaning of Part 27A of your Bonds Work off 1933, as the revised and you will Part 21E of the Securities Change Operate of 1934, since amended, clear on which can be related to Ditech Financial LLC, a wholly possessed part of Walter Resource Administration Corp. (Walter Resource). Statements that are not historic reality is submit-lookin comments. Certain of such send-looking comments is acquiesced by the usage terminology eg given that believes, needs, anticipates, seeks, plans, plans, estimates, assumes on, may, should, have a tendency to, purpose, and other similar words. Like give-looking statements involve identified and not familiar dangers, concerns and other tips, and you can Walter Investment’s real overall performance, efficiency otherwise victory you will definitely differ materially away from upcoming abilities, performance or triumph indicated in these send-looking comments. These forward-appearing statements derive from Walter Investment’s newest philosophy, intentions and you can requirement. These types of comments aren’t claims otherwise a sign regarding future results. Important assumptions and other tactics which will lead to Walter Investment’s genuine brings about differ materially from those forward-appearing comments tend to be, but they are not restricted to help you, men and women activities, risks and you will uncertainties revealed in caption Exposure Points in the Walter Money Yearly Article on Setting 10-K towards 12 months concluded plus Walter Investment’s almost every other filings on SEC.
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