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JACKSONVILLE, Fla., May 20, 2021 /PRNewswire/ Black Knight, Inc. (NYSE:BKI) announced today that it has integrated the company s Ernst Fee Service with Black Knight s nationwide property tax data. Ernst Fee Service is Black Knight s comprehensive technology that helps lenders streamline the closing fee data process by delivering accurate, near- real-time Loan Estimate and Closing Disclosure fees. The integration with Black Knight s property tax data will help provide Ernst clients with significant benefits, including faster, more accurate tax estimates.
To deliver premier property tax data, Black Knight identifies all applicable taxing agencies – including state, county and subagencies – and then determines the most effective method of estimating taxes, which varies by geography. In addition, Black Knight collects tax data directly from the source and refreshes it on a regular basis, so Ernst clients will receive reliable and current i
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JACKSONVILLE, Fla., May 17, 2021 /PRNewswire/ Today, Black Knight, Inc. (NYSE:BKI) announced the release of its latest Originations Market Monitor report, looking at mortgage origination data through April 2021 month-end. Leveraging daily rate lock data from Black Knight s Optimal Blue PPE – mortgage lending s most widely used pricing engine – the Originations Market Monitor provides the industry s earliest and most comprehensive view of origination activity. Despite interest rates trending downward in April across all mortgage products, the decreases did not seem to be enough to bring borrowers – particularly refi borrowers – back to the table, said Black Knight Secondary Marketing Technologies President Scott Happ. April saw the lowest overall rate lock volume since May 2020, with rate/term refinance lending the lowest since January 2020 – before the 10-year Treasury yield fell below 1% for the first time ever, setting off
Black Knight Expands its MSR Capabilities to Provide More Timely, Detailed Insight Into Portfolio Valuation to Servicers of All Sizes
- The Black Knight MSR Platform gives lenders and servicers of all sizes greater visibility into asset performance relative to servicing activity, market movement and projections
- Integration with Black Knight s best-in-class MSP servicing system enables daily, detailed data updates, providing more timely valuation insight
- Black Knight recently released bulk bidding APIs to enable daily, loan-level pricing of lender pipelines and servicer portfolios using leading servicing broker assumptions for third-party valuation accuracy
- Black Knight is now offering new levels of MSR insight based on a user s business size and growth targets; from daily, high-level portfolio valuation summaries to 24/7 access with loan-level granularity and user-designed, servicer-specific assumption sets
CUSO Home Lending to Use the Black Knight Empower Loan Origination Solution After Successful Implementation of the MSP Servicing System
CUSO will soon use Black Knight s end-to-end solutions to support its full mortgage business; digital capabilities will help enhance member retention
- After successfully implementing Black Knight s suite of servicing solutions, including MSP, CUSO Home Lending signed a contract to use Empower, Black Knight s loan origination system, to support its mortgage business
- CUSO Home Lending is now leveraging several complementary servicing solutions fully integrated with MSP, including the consumer-facing Servicing Digital, the Actionable Intelligence Platform, and McDash industry reports to support growth, improve compliance and increase efficiency
Navy Federal Expands Partnership with Black Knight; Largest Credit Union Signs Extension for MSP Servicing System, Adds Servicing Digital Solution
- Navy Federal Credit Union will use Black Knight s Servicing Digital, an interactive, user-friendly web and mobile solution to provide members with customized, timely information about their mortgage loans
- The credit union extended its contract to continue using the Black Knight MSP servicing system
- Navy Federal has been a Black Knight client for more than 40 years
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JACKSONVILLE, Fla., April 29, 2021 /PRNewswire/ Today, Black Knight, Inc. (NYSE: BKI) announced that Navy Federal Credit Union, which serves over 10 million members globally and is the world s largest credit union, has extended its contract to use Black Knight s industry-leading MSP servicing system. MSP is used by financial institutions to service approximately 36 million active loans – more than any other i