JACKSONVILLE, Fla. Ditech Monetary LLC (Ditech) and you may Black Knight Economic Characteristics, Inc . (NYSE:BKFS), a respected seller out-of integrated tech, research and you will statistics to your home loan and you will home markets, revealed today you to definitely Ditech, has converted as much as step one.4 million customers from the repair and you may sub-repair profiles on to LoanSphere MSP, Black colored Knight’s business-leading loan maintenance system.
MSP even offers a single, comprehensive system to help with mortgages and you can house security items that assists customers manage all upkeep process, also financing boarding, percentage running, escrow management, default management and a lot more.
We chose MSP for its ability to promote Ditech which have an effective, industry-practical repair services with the scale to support our repair and you will sub-maintenance business. I greet this technology tend to further boost the capability to send an exceptional customer sense also all of our conformity possibilities, a significant idea within our industry’s actually ever-switching regulatory environment, told you David Schneider, chairman away from Ditech. We believe this new conversion process succeeded, mostly due to the tireless operate out of Ditech’s experienced and talented personnel combined with Black colored Knight’s experienced execution and you will assistance teams, just who provided solid technical, app and you may operational guidelines in the techniques.
Since the prior to now established, Ditech and implemented LoanSphere Bankruptcy and Property foreclosure, an enterprise workflow application to support this new bankruptcy proceeding and property foreclosure procedure; and LoanSphere Billing, an internet-founded service one streamlines asking and you may charging. Each other selection include which have MSP.
Black Knight features a strong track record of profitable conversion rates, therefore had been pleased to mate having Ditech to support which implementation, told you Joe Nackashi, chairman out-of Black Knight’s Maintenance Development office. We look forward to persisted our partnership with Ditech from the support the operational needs and future accomplishments.
In the Ditech
Ditech Economic LLC (Ditech) produces financially voice homeownership possible for countless consumers. Ditech is actually a properly-known lender and you may servicer out-of domestic mortgages. Along with 4,five hundred teams inside the towns along side You.S., the firm provides home-based financial situations as a consequence of a small grouping of household loan experts who are accessible because of the mobile phone (1-800-700-9212) an internet-based. At the same time, Ditech’s Correspondent Financing Section people that have 600+ creditors nationwide. Ditech was owned by Walter Financing Administration Corp. (NYSE: WAC), the leading diversified home loan financial enterprise. To learn more, please go to ditech .
On LoanSphere
LoanSphere is actually Black Knight’s biggest, end-to-end system out-of integrated tech, investigation and you may statistics supporting the whole home loan and family collateral financing lifecycle from origination so you’re able to maintenance so you’re able to default. The working platform provides organization techniques automation, workflow, legislation and you may included study on the loan techniques, taking a far greater consumer experience, savings and you may support for modifying regulating requirements. By partnering lending functions and you may investigation, Black colored Knight’s LoanSphere support loan providers and servicers reduce chance, increase abilities and drive financial overall performance.
From the Black Knight Financial Qualities, Inc.
Black colored Knight Economic Qualities, Inc. (NYSE: BKFS), an excellent Fidelity National Monetary (NYSE:FNF) business, is actually the leading vendor out of integrated technology, study and you will analytics choice you to definitely assists and you may automate a few of the company process along the financial lifecycle.
Black Knight Financial Qualities are dedicated to getting a top company companion one lenders and you can servicers rely on to get to their strategic wants, comprehend higher achievement and better serve their customers by taking most readily useful-in-classification technical, services and you will belief which have a relentless dedication to brilliance, innovation, stability and leadership. To learn more about Black colored Knight Monetary Properties, kindly visit bkfs
Disclaimer and you can Preventive Mention Off Send-Lookin Comments So it news release consists of forward-looking comments in the meaning of Section 27A of your own Bonds Operate off 1933, as the amended and Section 21E of Bonds Exchange Act of 1934, as the revised, sure of which happen to be connected with Ditech Economic LLC, an entirely owned subsidiary out-of Walter Investment Management Corp. (Walter Money). Comments which are not historic reality was send-searching comments. Clear on these pass-searching comments will likely be recognized by the employment of terms and conditions instance given that believes, wants, needs, intends, preparations, projects, quotes, assumes, could possibly get, is, usually, objectives, or other comparable terms. Particularly submit-appearing statements encompass recognized and you may not familiar threats, concerns or other important factors, and Walter Investment’s actual results, results or achievements you certainly will differ materially out-of future abilities, show or triumph indicated throughout these pass-searching statements. These send-searching comments depend on Walter Investment’s latest opinions, motives and you will criterion. This type of statements are not guarantees otherwise an indication out of coming overall performance. Crucial presumptions and other techniques which could lead to Walter Investment’s actual leads to differ materially away from people pass-lookin comments is, however they are http://clickcashadvance.com/payday-loans-ga/jacksonville/ not limited to help you, people activities, risks and you will concerns explained beneath the caption Risk Items regarding the Walter Money Annual Writeup on Function 10-K into the year ended and also in Walter Investment’s other filings into SEC.
While doing so, that it pr release may contain comments from Walter Investment’s opinion or trust concerning market conditions and you will equivalent things. In a number of occasions, those individuals views and you may viewpoints will be dependent standard observations from the people in Walter Investment’s management, anecdotal facts and you will/otherwise Walter Investment’s experience in the perform of the company, versus certain analysis or statistical analyses. Ergo, if you find yourself such as for example comments echo Walter Investment’s view of the brand new marketplaces and you will areas where its in it, they have to never be viewed as reflecting verifiable opinions and you will particularly viewpoints might not be shared from the every who happen to be in people opportunities or avenues.