Articles Tagged with ''Black Knight''

Built Technologies integrates with Black Knight to revolutionize construction lending

Digital documents increase modernization and transparency
Built Technologies continues to seek to revolutionize the construction industry with its new integration with Black Knight’s LoanSphere platform for digital construction loans. Built explained that with its integration with Black Knight, any construction loan can be digitally managed throughout the loan life cycle – from origination through servicing.
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Black Knight names Anthony Jabbour CEO

Current CEO Tom Sanzone will become company’s vice chairman of the board
Black Knight, fresh off a fourth quarter that saw its year-over-year earnings increase by nearly $136 million, is about to have a new leader. In conjunction with announcing its fourth quarter earnings, Black Knight announced that it is naming Anthony Jabbour as the company’s new CEO.
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Black Knight nets $111M in profit on new tax code

"Another successful year for Black Knight"
Mortgage analytics and software provider Black Knight announced its results for both the fourth quarter of 2017 and for the full year. The company reports revenues for the fourth quarter of 2017 increased 2% to $267.5 million from $261.5 million in the prior year quarter.
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Black Knight unveils end-to-end digital mortgage solution

LoanSphere Expedite Close supports lenders, settlement agents, Realtors, investors
Black Knight, which already facilitates much of the real estate transaction with its loan origination and servicing systems, is set to unveil an end-to-end digital mortgage solution that the company claims is well beyond all other eClosing or eMortgage platforms.
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From HW Magazine

Black Knight's LoanSphere MSP automates all areas of loan servicing

Broad based functionality drives improved financial performance for servicers
The core of Black Knight’s servicing solutions is LoanSphere MSP — the mortgage industry’s leading servicing system — which supports all sizes of portfolios, loan types and processes. The system automates all areas of loan servicing, including setup and maintenance, customer service, cashiering, escrow administration, investor accounting and default management. 
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CitiMortgage launches single digital origination platform

Signs agreements with Digital Risk, Black Knight
Citibank announced Monday agreements with two digital technology platforms to offer its new single digital platform for its clients. The new digital capabilities will allow CitiMortgage clients to complete the full loan cycle, from research to application, processing, scheduling appraisals, handing title, to closing through one digital platform.
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Tappable mortgage equity hit all-time high in 2017

More than 80% of borrowers now have equity available
The amount of tappable mortgage equity increased in 2017 to an all-time high. In fact, Black Knight’s latest report shows currently, more than 80% of all mortgage holders now have available equity to tap via cash-out refinances or HELOCs.
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Black Knight’s Chip McAvoy elected to Real Estate Standards Organization board

Will represent technology companies in new board position
Black Knight recently announced Chip McAvoy, vice president and real estate market leader for Black Knight’s Data & Analytics division, was elected to the Real Estate Standards Organization’s board of directors for 2018. In his new position, McAvoy will represent technology companies with annual revenue greater than $25 million.
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Global DMS integrates with Black Knight's LoanSphere

Collaboration integration provides supportive, secure gateway for lenders
Valuation software provider Global DMS announced its integration with Black Knight’s LoanSphere Exchange platform, an online, collaborative technology that connects more than 25,000 mortgage industry service and solution providers.
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Black Knight launches robotics capabilities to assist lenders

Will operate without human intervention
Black Knight launched new robotics technology, which allows its LOS platform to perform certain tasks without human interference. The technology will actively monitor the LOS for key data changes or even lack of changes in order to trigger automated or manual tasks which need to be completed.
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