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36 | M R EP O RT BEST IN DATA & ANALYTICS Black Knight KEY PERSONNEL Anthony Jabbour CEO, Black Knight Ben Graboske President, Black Knight, Data & Analytics Division CONTACT INFORMATION 904.854.5100 AskBlackKnight@BKFS.com COMPANY DESCRIPTION Black Knight, Inc. (NYSE:BKI) is an award-winning software, data, and analytics leader that drives innovation in the mortgage lending, servicing, and real estate industries, as well as the capital and secondary markets. Businesses leverage the company's robust, integrated solutions to help grow and retain customers, mitigate risk, reduce costs, and operate more efficiently. Black Knight's solutions support the entire real estate and mortgage life cycle. The company's industry-leading data includes property and mortgage loan-level information collected directly from the source, making these data assets the most current and dynamic available. Black Knight offers its data and analytics solutions through a variety of delivery options, including via the leading-edge Rapid Analytics Platform SM (RAP SM ). BUSINESS LINES, SERVICES & PRODUCTS Long renowned for its market-leading mortgage and real-estate data, Black Knight changed the game in 2019 with the launch of RAP, a cloud-based data marketplace and decision-science stu- dio. RAP brings together the company's vast data and advanced analytics onto one platform, providing a powerful solu- tion for clients to seamlessly source data and drive analytic workflow. Developed specifically for users in the mortgage and real-estate industries, RAP offers direct access to an interac- tive marketplace of diverse data assets and analytics. Users can immediately explore Black Knight data, execute que- ries, create complex analytics, and train machine-learning models. Clients can also join their own or third-party data with Black Knight's data sets. To help users get started on the platform, RAP offers a variety of "out-of-the-box" analytics. Clients can also build their own analytic models, or they can leverage Black Knight's highly experienced professionals to develop customized analytics. Black Knight is continuously enhancing RAP with new data sets and recently added loan-level rate lock data from the company's Secondary Market Technologies division. This rate lock data is the mortgage industry's earliest and most representative measure of lending activity. RAP is used by industry professionals for numerous applications, including portfolio growth and retention analytics; lien alerts; equity analysis and valua- tion; prepayment and default analytics; benchmarking; and much more. To meet a client's specific business needs, Black Knight also offers several other ways to access and consume the company's data and analytics, includ- ing FTP, match and append, platform integrations and directly through the SiteX website.* Property Data Black Knight's property records database is among the most robust on the market, covering 99.9% of the U.S. population from more than 3,100 counties. Datasets include assign- ments, releases, tax assessors, deeds, mortgages, pre-foreclosures and foreclosures. Loan-Level Data Black Knight's McDash SM provides the most comprehensive mortgage loan- level data in any single source. This extensive repository of servicer-con- tributed data spans the entire credit spectrum of agency, non-agency and portfolio products, and covers three decades. Black Knight also offers McDash Flash, which tracks forbear- ance, payment and delinquency data on a daily basis with only a two-day lag—an industry first—enabling clients to perform frequent portfolio analyses. Black Knight's data assets fuel many of the company's solutions, including: AFT SM Prepayment and Credit Model The Black Knight AFT Prepayment and Credit Model combines default, prepayment, loss, and valuation into a single, comprehensive, holistic view of mortgage performance. Leveraging the best of behavioral and statistical model techniques, as well as Black Knight's unique data advantage, the AFT Prepayment and Credit Model not only delivers consistently reliable results, but can also be easily tuned to quickly adapt to market shifts. Black Knight Home Price Index (HPI) Built upon Black Knight's proprietary data, Black Knight HPI incorporates decades of sales transactions for analyz- ing residential real estate market trends and home price changes via a multi-tier, repeat-sales based index, with greater accuracy, coverage, and stability, as well as unmatched granularity. Black Knight P and D Scores Black Knight P Score provides clients with a powerful way to identify and rank residential mortgage loan attrition risk in their portfolios. Applying advanced modeling approaches, the P Score deliv- ers early indicators of propensity to refinance and housing turnover to help servicers leverage limited resources for achieving maximum portfolio retention. Black Knight D-Score provides scores that can be used to risk rank borrowers, helping servicers create timely, efficient, and effective collections strategies to achieve maximum return, while meeting regulatory guidelines. Unique, Flexible Valuation Solution The Value Range Express solution is a unique combination of Black Knight's AVM capabilities, new for-sale listing alerts, national MLS active property listings and public record data. The solution delivers single-source ac- cess to over 200 fields of data linked together by a single ID to create a flexible valuation solution. Black Knight's data is also the founda- tion for many of the other company's leading solutions, including top-rated AVMs, market-tracking indices, due-dil- igence offerings, behavior models, and much more. Additionally, the company offers commercial property data that delivers a nationwide, comprehensive view of commercial properties in a single source. *Delivery method varies by specific solution.