TheMReport — News and strategies for the evolving mortgage marketplace.
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TH E M R EP O RT | 55 O R I G I NAT I O N S E R V I C I N G DATA G O V E R N M E N T S E C O N DA R Y M A R K E T DATA DATA & ANALYTICS PROFILE STAFFING 4,979 employees COMPANY DESCRIPTION As one of the world's leading fintechs, Black Knight is a premier provider of software, data, and analytics across the loan lifecycle to the mortgage and consumer loan, real estate, and capital markets verticals. Black Knight seamlessly integrates its technology solutions with insightful data and powerful analytics, which give clients the tools to make more informed short- and long-term decisions. This integration, along with Black Knight's deep un- derstanding of the entire mortgage ecosystem, provides clients with a holistic view of their portfolios to help them achieve stronger performance. BUSINESS LINES, SERVICES, AND PRODUCTS Black Knight delivers actionable intel- ligence to help clients reduce risk, increase profitability, and support compliance. Comprehensive Data • Public Records: Comprehensive property data covering over 99.9% of the U.S. population • MLS: Current, nationwide MLS data through an exclusive partnership with Realtors Property Resource (RPR) • McDash Loan-Level Mortgage Performance: Extensive repository of servicer-contributed, loan-level data Advanced Analytics • Machine learning and data science • Valuation solutions (e.g., AVMs, HPI) • Property, market, and portfolio analytics • Prepayment and default model • Risk-management optimization tools GEOGRAPHICAL SCOPE AND COVERAGE Black Knight's public records data covers more than 99.9% of the U.S. population from over 3,100 counties in all 50 states. Black Knight also of- fers MLS data from across the U.S., as well as access to mortgage per- formance data from over 170 million first-mortgage loans and more than 20 million home equity loans. KEY FEATURES/BENEFITS Black Knight leverages in-depth mortgage industry expertise and con- tinuous innovation in conjunction with its vast amounts of best-source data to develop unique solutions that help clients overcome complex challenges. Black Knight's data is collected and updated to deliver high-quality information with exceptional breadth, depth, and currency. With this superior data feeding Black Knight's analytics, combined with its proven methodologies, the company is able to deliver key intelligence for improved decision-making. Black Knight's innovative data and analytics solutions benefit lenders, servicers, investors, and other profes- sionals by helping to improve strategic and tactical performance, reduce costs, mitigate risk, increase revenue, generate leads, and much more. The Black Knight Difference In addition to its leading data and actionable analytics, Black Knight provides proven enterprise technolo- gy solutions for origination, servicing, and default to many of the nation's leading financial institutions. No other provider offers the advantages delivered through Black Knight's in- tegration of decision-quality data and analytics with premier mortgage tech- nology solutions and platforms across the complete loan lifecycle. Through close collaboration with clients, Black Knight can develop solutions that effectively address client needs and support their continued success. With decades of expertise and long- term stability, the company continu- ously invests in technology, data, and analytics to deliver new and innova- tive solutions, solving problems in unique ways as the industry evolves. Some of Black Knight's more recent innovations include: Rapid Analytics Platform (RAP): Unique virtual analytics lab that pro- vides exceptional speed and flexibil- ity, putting the power of Black Knight data, analytics, and innovative data sciences into the hands of clients. Growth and Retention Suite: A solutions suite that leverages Black Knight's extensive data assets and applies advanced analytics to support lenders' growth and retention efforts. Index Suite: A series of indices that provide key intelligence about the housing and mortgage markets: • Home Price Index (HPI)— Provides an accurate picture of home prices in today's market for all property types and conditions; forecasts market scenarios for the next five years. • Origination Index—Measures origination activities and trends by geography, cohort, and different risk drivers over time. • Mortgage Performance Index— Measures prepayment, default, delinquency activities, and trends by geography and cohort over time. • Mortgage Market Index—Tracks changes in portfolio-risk profiles. • Home Listing Index—Measures housing market liquidity, active listing inventory, and active listing- price trends. AFT Prepayment & Credit Model: A comprehensive competing risk model that calculates prepayment, default, and loss probabilities that cover all mortgage asset classes, including reverse mortgage, HELOC, HECM, etc. Servicing Analytics Solutions: A suite of solutions that helps servicers more easily identify portfolio risk and create effective loss mitigation strate- gies; delivers intuitive, timely, and actionable loan-level metrics. Enterprise Business Intelligence: An actionable intelligence suite that helps mortgage lenders and servicers better understand and act upon their data. The solution aggregates and links loan data from Black Knight's technologies and third-party applications with Black Knight's industry data—including MLS, loan-level, and public records data—to deliver information that helps users make more informed business decisions. Anthony Jabbour, CEO: Joe Nackashi, President, Black Knight; President, Black Knight Servicing Technologies; Ben Graboske, President, Black Knight Data & Analytics; Richard Gagliano, President, Black Knight Origination Technologies; Tyler Sherman, President, Black Knight Enterprise Business Intelligence Black Knight 601 RIVERSIDE AVE., JACKSONVILLE, FL 32204 | PHONE: 844.474.2537 | WEBSITE: BLACKKNIGHTINC.COM | EMAIL: ASKBLACKKNIGHT@BKFS.COM