MReport December 2021

TheMReport — News and strategies for the evolving mortgage marketplace.

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30 | M R EP O RT BEST IN VALUATION PROVIDERS KEY PERSONNEL Anthony Jabbour Chairman and CEO, Black Knight Ben Graboske President, Black Knight, Data & Analytics Division CONTACT INFORMATION Corporate Office: 601 Riverside Ave. Jacksonville, FL 32204 904.854.5100 Contact: 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 our robust, integrated solutions to help them operate more efficiently, reduce costs, mitigate risk, and increase growth opportunities. BUSINESS LINES, PRODUCTS & SERVICES Black Knight is the only company that offers end-to-end technology, data, and analytics across the entire real estate and mortgage life cycle, which enables us to take a unique, holistic view of clients' needs while staying on top of industry changes. As a result, Black Knight develops immediate and innovative solutions that address today's challenges and assist clients with evolving compliance requirements, reducing turn times, and keeping up with escalating origination volumes. TELL YOUR STORY Black Knight offers a broad array of best-in-class valuation solutions, such as residential and commercial property AVMs and AVM cascades, tools to monitor price trends, modern appraisal solutions, home price indices, and more. Our valuations provide the robust, accurate, unbiased, and independent results clients expect, as well as exceptionally fast turnaround times—results are within seconds, not hours. Lenders use our valuation solutions for numerous applications—from generating leads and verifying appraisal values for prefunding quality control— to minimizing valuation costs during mortgage originations, determining a borrower's eligibility for a particular loan program, and much more. Our valuation solutions leverage unparalleled data assets, including those we collect directly from county recorder offices across the U.S. By leveraging primary-sourced data, we're able to provide the most current information available and apply the highest level of quality control to each data record, resulting in more reliable property value estimates. In addition, Black Knight's highly experienced economists, data scientists, and analysts deploy sophisticated methodologies and cutting-edge technologies to deliver the most modern, accurate, and intuitive valuation solutions. One of the industry challenges Black Knight has sought to address is the vital need for appraisal modernization. As a result, we offer the REvolution Suite SM , a highly innovative solution that provides lenders and appraisers with greater transparency, significant efficiencies, faster turn times, and cost reductions. The power and capabilities of the REvolution Suite begin with SCOUT SM , a cloud-based application where users can collect on-site property-inspection information from a mobile device. Data and photos gathered in the app can then be seamlessly shared with an appraiser to conduct the appraisal or uploaded to CA REveal SM , our cutting- edge platform where appraisers easily access comprehensive public records and MLS data, and create dependable, defendable appraisal reports without having to leave the office. The REvolution Suite integrates into a user's existing infrastructure via APIs and produces XML, JSON, or MISMO® data formats to meet client data delivery needs. With the REvolution Suite, clients can quickly adapt to the rapid changes taking place in the valuation industry and complete the appraisal process digitally and remotely. The suite provides valuation professionals with a seamless appraisal process from property inspection to report delivery. When a full desktop appraisal is not needed, Black Knight has a suite of industry-leading AVMs used by clients across the lending spectrum. These include express or full AVMs as well as an interactive AVM that lenders leverage for both loan origination and appraisal review. In addition, Black Knight offers a Property Condition AVM, which adjusts the predicted value of a home up or down based on its condition determined from the SCOUT mobile app or the extensive and specific property data Black Knight has access to. Selecting the right valuation strategy is critical to effectively manage risk and grow profits. Black Knight combines its industry-leading data, proprietary information, proven methodologies, and advanced user and performance testing to provide clients with a variety of valuation solutions that deliver exceptionally accurate and reliable results. Black Knight

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