Ditech Converts 1.4 Mil Customers to help you Black colored Knights LoanSphere MSP Servicing Program

JACKSONVILLE, Fla. Ditech Economic LLC (Ditech) and Black Knight Financial Properties, Inc . (NYSE:BKFS), a leading vendor out of provided tech, analysis and you may analytics for the home loan and you can home industries, established today you to definitely Ditech, has translated around 1.4 billion people from its repair and you will sub-repair portfolios onto LoanSphere MSP, Black colored Knight’s community-best financing upkeep system.

MSP offers a single, full platform to help with mortgages and household guarantee items that facilitate clients would all of the repair techniques, and mortgage boarding, commission handling, escrow management, standard administration and.

We selected MSP for its power to promote Ditech with a robust, industry-basic repair provider for the level to support our upkeep and you will sub-servicing organization. I anticipate this particular technology often subsequent augment our ability to send a superb customers sense including the conformity opportunities, a significant believe in our industry’s ever-changing regulatory environment, said David Schneider, president away from Ditech. We believe this new sales succeeded, mainly as a result of the tireless services out-of Ditech’s educated and you will skilled personnel along with Black Knight’s educated execution and you will assistance teams, just who considering strong technology, software and functional guidance regarding procedure.

Since the previously announced, Ditech also then followed LoanSphere Case of bankruptcy and you will Foreclosure, an enterprise workflow application to support the brand new bankruptcy proceeding and you may property foreclosure processes; and LoanSphere Billing, a web site-built services one streamlines battery charging and you can invoicing. One another choices integrate that have MSP.

Black Knight has a robust track record of effective conversions, and we also was indeed pleased to lover with Ditech to help with which execution, said Joe Nackashi, chairman away from Black Knight’s Maintenance Technology office. We enjoy carried on our very own relationship with Ditech from the help its functional desires and you may coming success.

Regarding Ditech

Ditech Monetary LLC (Ditech) helps make financially voice homeownership possible for many consumers. Ditech is a well-recognized lender and you may servicer out-of domestic mortgages. With more than cuatro,five-hundred group inside the urban centers across the U.S., the organization brings domestic mortgage points owing to a group of house financing pros who’re accessible from the phone (1-800-700-9212) an internet-based. Concurrently, Ditech’s Correspondent Credit Section partners which have 600+ financial institutions across the country. Fairhope loans Ditech was owned by Walter Capital Government Corp. (NYSE: WAC), a leading diversified financial financial corporation. To find out more, kindly visit ditech .

On LoanSphere

LoanSphere are Black colored Knight’s prominent, end-to-prevent platform off integrated technology, studies and you can analytics supporting the whole home loan and you will home security financing lifecycle out-of origination so you’re able to upkeep so you can standard. The working platform provides organization procedure automation, workflow, statutes and you may included analysis from the mortgage processes, bringing a better consumer experience, savings and you can service to own modifying regulating conditions. By the partnering financing services and study, Black Knight’s LoanSphere assists lenders and you may servicers clean out exposure, boost show and you will push financial show.

On the Black colored Knight Economic Functions, Inc.

Black colored Knight Financial Characteristics, Inc. (NYSE: BKFS), a Fidelity National Economic (NYSE:FNF) organization, is a number one provider away from integrated technical, research and analytics options you to definitely support and you can automate many team procedure along side financial lifecycle.

Black colored Knight Economic Attributes are dedicated to being a high providers mate you to definitely loan providers and you will servicers have confidence in to get to the strategic wants, understand higher success and higher suffice their clients because of the providing most useful-in-group tech, properties and notion that have a persistent commitment to brilliance, creativity, stability and you may leadership. For additional info on Black colored Knight Monetary Services, kindly visit bkfs

Disclaimer and you can Preventive Mention Regarding Give-Looking Comments Which press release consists of forward-searching statements when you look at the meaning of Point 27A of Bonds Act out-of 1933, just like the revised and you may Part 21E of one’s Bonds Change Work regarding 1934, given that amended, certain of which can be related to Ditech Financial LLC, a wholly owned part out-of Walter Resource Government Corp. (Walter Financing). Comments that are not historic facts are pass-looking comments. Certain of this type of give-appearing statements are acknowledged by the aid of terminology instance as believes, anticipates, anticipates, intends, arrangements, methods, prices, assumes on, will get, will be, will, targets, or any other comparable terms. Such give-appearing statements cover understood and you will unfamiliar risks, uncertainties or other tactics, and you may Walter Investment’s real results, efficiency or achievements you will disagree materially away from coming efficiency, abilities or triumph shown throughout these pass-searching comments. Such give-appearing comments are derived from Walter Investment’s latest values, aim and you may standard. These types of comments commonly promises otherwise an indication off coming overall performance. Extremely important assumptions or other tactics that will cause Walter Investment’s real brings about disagree materially off men and women forward-looking comments is, but are not limited so you’re able to, people facts, threats and you can uncertainties described under the caption Exposure Points regarding the Walter Resource Annual Article on Function 10-K with the seasons concluded and also in Walter Investment’s other filings into the SEC.

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