Ditech Turns step one.4 Billion Customers to Black colored Knights LoanSphere MSP Upkeep System

Ditech Turns step one.4 Billion Customers to Black colored Knights LoanSphere MSP Upkeep System

JACKSONVILLE, Fla. Ditech Monetary LLC (Ditech) and you will Black Knight Financial Attributes, Inc . (NYSE:BKFS), the leading merchant of provided technical, research and you will analytics with the mortgage and you may a home opportunities, launched now you to definitely Ditech, possess translated whenever step one.4 billion consumers from the maintenance and sub-servicing profiles to LoanSphere MSP, Black colored Knight’s globe-best loan repair system.

MSP also provides one, total program to support mortgage loans and home equity items that helps subscribers create most of the maintenance processes, in addition to financing boarding, payment processing, escrow administration, standard management and.

We selected MSP because of its power to render Ditech which have an effective, industry-practical maintenance service towards the measure to help with the upkeep and you can sub-servicing company. We greet this particular technology usually then boost our very own capacity to submit an exceptional customer feel also the conformity capabilities, an important planning in our industry’s ever-changing regulating environment, told you David Schneider, president from Ditech. We think the latest sales was successful, largely considering the tireless operate out of Ditech’s knowledgeable and you may skilled team along with Black Knight’s educated implementation and you will service teams, which given good technical, application and you can working guidance regarding processes.

Because the in earlier times revealed, Ditech in addition to implemented LoanSphere Bankruptcy and you will Foreclosure, a business workflow application to support the new bankruptcy proceeding and you can foreclosure techniques; and LoanSphere Invoicing, an internet-depending provider you to streamlines battery charging and you may billing. Both choices put which have MSP.

Black colored Knight features an effective history of successful conversions, and in addition we have been very happy to companion which have Ditech to help with it execution, told you Joe Nackashi, chairman regarding Black Knight’s Repair Technologies office. I look forward to carried on our connection that have Ditech by the help its functional goals and you will coming accomplishments.

From the Ditech

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Ditech Financial LLC (Ditech) tends to make economically voice homeownership simple for millions of consumers. Ditech try a highly-recognized lender and you may servicer off residential mortgage loans. Along with 4,500 staff for the towns along the You.S., the firm will bring residential home loan facts by way of several domestic loan professionals who happen to be obtainable because of the cellular phone (1-800-700-9212) and online. Likewise, Ditech’s Correspondent Credit Department lovers having 600+ creditors all over the country. Ditech is actually belonging to Walter Funding Management Corp. (NYSE: WAC), a prominent diversified financial financial firm. To find out more, please go to ditech .

Throughout the LoanSphere

LoanSphere was Black Knight’s premier, end-to-avoid system of included technical, investigation and you can statistics supporting the whole mortgage and you may domestic guarantee mortgage lifecycle of origination to upkeep so you can standard. The platform provides providers process automation, workflow, legislation and you can integrated data throughout the mortgage techniques, delivering a much better consumer experience, savings and you can help getting altering regulating criteria. Of the integrating financing qualities and you will data, Black colored Knight’s LoanSphere helps loan providers and you may servicers get rid of exposure, increase results and you will push financial abilities.

From the Black Knight Financial Qualities, Inc.

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Black colored Knight Economic Characteristics, Inc. (NYSE: BKFS), an excellent Fidelity National Monetary (NYSE:FNF) business, is actually a number one seller off incorporated technical, analysis and you will analytics selection you to support and automate certain organization techniques along side home loan lifecycle.

Black colored Knight Financial Properties is invested in being a top company partner that lenders and you can servicers believe in to reach the strategic wants, see higher profits and higher serve their clients of the providing greatest-in-classification tech, characteristics and perception having a relentless dedication to brilliance, creativity, integrity and you can leaders. To learn more about Black Knight Financial Characteristics, kindly visit bkfs

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