Black Knight Acquires Cloud-Based mostly Mortgage Dealer LOS from NexSpring Monetary to Increase Choices
JACKSONVILLE, Florida, March 17, 2021 / PRNewswire / – At this time, Black Knight, Inc. (NYSE: BKI) introduced that it has acquired a cloud-based mortgage origination system (LOS) from NexSpring Monetary, LLC to develop the capability of Black Knight to serve mortgage brokers. The brand new digital lending platform shall be a key a part of the corporate’s highly effective end-to-end built-in ecosystem.
This complete platform shall be seamlessly built-in into the highly effective Black Knight Empower LOS, so brokers utilizing the brand new digital lending platform and wholesalers utilizing Empower could have a extra streamlined and linked expertise. The ability and worth of the brand new platform shall be additional enhanced via integrations with Black Knight’s full suite of efficiency origination options, together with a single level of order for service and acquiring charges, testing. compliance validation, actionable knowledge and analytics; and dramatically improved Black Knight product, Optimum Blue Loansifter, a broker-focused pricing and eligibility engine (PPE).
“Black Knight is on a mission to share the advantages of our excessive efficiency software program, knowledge and analytics with mortgage brokers, who’re the trade’s quickest rising origination channel,” mentioned Anthony Jabbour, CEO, Black Knight. “This broker-specific digital lending platform allows these entrepreneurs to learn from most of the identical highly effective capabilities utilized by massive lenders on a platform that meets their very own distinctive wants and may simply scale as their enterprise grows. developed.
The platform – which additionally provides a cell app – is designed for enterprise founders on the lookout for a greater and extra environment friendly means to supply loans. A seamless onboarding course of delivers credentials inside minutes, so customers can rapidly begin growing their productiveness with the platform’s dynamic toolset. This easy-to-use digital lending platform helps collaboration between all stakeholders within the origination course of – debtors, contractors, brokers and actual property brokers – by permitting them to collaborate securely on the identical platform of prepared. Arrange as a multi-tenant mannequin, mortgage brokers utilizing the platform will profit from a easy and price efficient setup.
“Black Knight’s tradition of funding and innovation makes it the right residence for what NexSpring has launched,” mentioned Mike Fabian, CEO of NexSpring. “By means of additional improvement and integration with Black Knight’s bigger mortgage ecosystem, we’re assured that the brand new digital lending platform will rapidly be acknowledged because the trade’s greatest resolution for mortgage brokers.
The platform is very configurable and allows speedy deployment of latest enterprise guidelines to manufacturing in a extremely clear and managed method. Customers may benefit from the content material administration system’s proprietary advertising instruments, which might be accessed via a drag-and-drop lead type builder with built-in analytics.
About Black Knight
Black Knight, Inc. (NYSE: BKI) is an award-winning software program, knowledge and analytics firm that drives innovation within the mortgage lending and companies and actual property industries, in addition to the monetary and secondary markets. . Companies leverage our sturdy and built-in options all through the homeownership lifecycle to assist retain current prospects, acquire new prospects, mitigate danger and function extra effectively.
Our prospects depend on our confirmed, complete and scalable merchandise and our unwavering dedication to offering superior buyer assist to realize their strategic objectives and higher serve their prospects. For extra data on Black Knight, please go to www.blackknightinc.com.
SOURCE Black Knight, Inc.