MReport September 2015 - Cool Under Pressure

TheMReport — News and strategies for the evolving mortgage marketplace.

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34 | Th e M Rep o RT origination guide Special Advertorial Section Company DesCription: As the mortgage industry's leading provider of integrated technology, and insightful data and analytics, Black Knight Financial Services (Black Knight) offers a one-stop source for comprehensive solutions that span the entire loan lifecycle. Black Knight is focused on product excellence. Delivering innovative, seamlessly integrated products with superior capabilities, functionality and support enable clients to better manage risk, realize greater efficiencies and improve financial performance. Black Knight helps clients plan for and solve their greatest challenges, which include compliance readiness, improving loan quality, implementing standard processes, and simplifying their technology footprint. Key Features/BeneFits Black Knight utilizes its extensive mortgage industry and technology expertise to deliver innovative products and services. Many of the company's solutions are considered "industry standard" due to their high market share. To help clients streamline operations, increase cost savings and mitigate risk, Black Knight: • Offers a suite of technology options to support any type of lending operation • Delivers technology solutions that configure to each lender's needs • Provides solutions that eliminate the errors and duplicate entries associated with using multiple systems • Allows clients to benefit from engaging a single mortgage technology business partner versus managing multiple vendor relationships • Provides comprehensive customer support Black Knight's unique, integrated approach provides enhanced value across the loan lifecycle to its clients: • Integrated platforms to allow data to move seamlessly between our origination and servicing platforms with automated processes • Integration with third-party service providers, including Black Knight's industry-leading Exchange ™ vendor network • Integration with our data and analytics products • Access to the Black Knight Data Hub, which brings together origination, servicing and public records data on a single platform to provide the most comprehensive view of mortgage data in the industry Business lines, serviCes anD proDuCts To meet the specific requirements of a lender's business channels and infrastructure, Black Knight Origination Technologies offers two distinct loan origination platforms: Empower ® and LendingSpace ® . Empower is an enterprisewide loan origination system (LOS) that supports the retail, consumer direct and wholesale origination channels. Available as both an ASP- and lender-hosted solution, Empower provides functionality for lenders to manage every facet of the loan origination process— from point-of-sale to post-closing. As part of its many features and capabilities, Empower provides access to several Web portals, so lenders can share information with third-party service providers and track any changes to fees for compliance and audits. Black Knight also offers a robust lead and customer relationship management solution called SalesEdge ® . Integrated with both Empower and MSP ® , Black Knight's loan servicing system, this Web-based solution helps retail loan officers and call center personnel obtain, track, and convert leads quickly and easily within a single user interface. Effective Oct. 3, 2015, Empower will also be integrated with Black Knight's Closing Insight ™ technology, which provides a workflow-driven online solution to streamline the closing process and the reconciliation of fees between lenders and settlement agents in support of the TILA-RESPA Integrated Disclosure (TRID) rule requirements. LendingSpace is a scalable, Web-based LOS designed specifically for the correspondent lending market. This system facilitates real-time collaboration between lenders and their correspondents, and helps ensure the lender's compliance rules are being followed throughout the process. Supporting these solutions is Driver ™ , a comprehensive reporting and analytical tool for lenders to quickly and easily create a variety of operational reports based on data from the LOS. To help reduce loan repurchase risk and drive efficiencies in the mortgage transaction, Black Knight Origination Technologies' solutions also integrate seamlessly with a suite of loan quality tools offered by RealEC ® Technologies, a division of Black Knight. Finally, Black Knight Origination Technologies provides implementation, training and consulting support for clients through its Client Services division. The Client Services team collaborates closely with lenders, and utilizes proven methodologies, effective practices, and experienced business and technical expertise to help ensure system implementations run smoothly, and that users are leveraging Black Knight's technology tools to maximize success. key personnel Tom Sanzone CEO, Black Knight Financial Services Jerry Halbrook President, Black Knight Origination Technologies Rich Gagliano Managing Director, Origination Solutions, Black Knight Origination Technologies Ken Benkeser Managing Director, Correspondent Solutions, Black Knight Origination Technologies contact information 601 Riverside Ave. Jacksonville, FL 32204 phone: 844.474.2537 email: Web: Black knight origination technologies a division of Black knight financial services

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