JACKSONVILLE, Fla. Ditech Monetary LLC (Ditech) and you will Black colored Knight Economic Qualities, Inc . (NYSE:BKFS), a prominent supplier regarding included technology, data and you will statistics toward financial and you will a property marketplaces, announced now one to Ditech, have translated as much as step 1.4 billion users from the maintenance and you can sub-maintenance profiles onto LoanSphere MSP, Black Knight’s world-top mortgage maintenance program.

MSP also provides a single, total system to help with mortgage loans and you may house guarantee products which facilitate members perform all of the maintenance procedure, including loan boarding, payment control, escrow government, default government and a lot more.

I selected MSP for its capability to offer Ditech that have a robust, industry-practical maintenance services towards the scale to support our maintenance and you can sub-servicing business. I allowed this technology have a tendency to after that promote our ability to deliver a superb customers sense and additionally the compliance opportunities, an essential attention within industry’s ever-altering regulating environment, said David Schneider, president regarding Ditech. We believe brand new conversion process succeeded, mainly as a result of the tireless efforts of Ditech’s experienced and you will talented staff coupled with Black colored Knight’s knowledgeable implementation and you may service organizations, whom offered good technology, software and you will operational advice regarding processes.

Due to the fact prior to now revealed, Ditech in addition to followed LoanSphere Bankruptcy and you can Foreclosures, a business workflow app to support the new personal bankruptcy and you will foreclosure processes; and you will LoanSphere Billing, a web site-created solution that streamlines battery charging and you will invoicing. Each other choice add with MSP.

Black Knight possess a powerful track record of effective conversion rates, therefore we was happy to companion which have Ditech to help with this execution, said Joe Nackashi, president away from Black Knight’s Maintenance Innovation department. I look forward to proceeded all of our commitment with Ditech of the support their working desires and coming successes.

From the Ditech

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Ditech Economic LLC (Ditech) helps make economically voice homeownership simple for scores of consumers. Ditech are a highly-understood financial and you can servicer from domestic mortgage loans. With well over 4,500 personnel in the locations over the U.S., the organization provides residential mortgage cash loans Glen Allen AL products using a team of household loan pros that easily accessible because of the cellular phone (1-800-700-9212) an internet-based. At the same time, Ditech’s Correspondent Credit Division partners which have 600+ creditors all over the country. Ditech try owned by Walter Funding Government Corp. (NYSE: WAC), a leading varied home loan banking enterprise. To learn more, please visit ditech .

Regarding LoanSphere

LoanSphere is Black Knight’s premier, end-to-end system out of incorporated technology, studies and you will statistics supporting the whole mortgage and home equity mortgage lifecycle out of origination to upkeep in order to default. The platform delivers team techniques automation, workflow, laws and regulations and you may integrated research on financing processes, delivering a far greater user experience, economy and you may help getting changing regulatory criteria. Of the integrating credit qualities and you can data, Black colored Knight’s LoanSphere assists loan providers and servicers clean out risk, boost show and you will drive economic efficiency.

About Black colored Knight Economic Features, Inc.

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Black colored Knight Economic Qualities, Inc. (NYSE: BKFS), an excellent Fidelity Federal Economic (NYSE:FNF) team, are a number one merchant off included tech, investigation and statistics choices that assists and you may speed up many providers procedure along the mortgage lifecycle.

Black Knight Economic Features are invested in being a premier team partner you to definitely lenders and you may servicers have confidence in to reach their strategic wants, read better success and better suffice their customers by bringing best-in-classification technical, features and notion which have a relentless commitment to excellence, innovation, stability and you may leadership. To learn more about Black Knight Economic Functions, kindly visit bkfs

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