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Ditech Converts step one.cuatro Billion Users to Black colored Knights LoanSphere MSP Servicing System

Ditech Converts step one.cuatro Billion Users to Black colored Knights LoanSphere MSP Servicing System

JACKSONVILLE, Fla. Ditech Economic LLC (Ditech) and you will Black Knight Monetary Features, Inc . (NYSE:BKFS), a prominent seller away from incorporated tech, study and you can analytics to the financial and home industries, established now you to definitely Ditech, provides translated approximately 1.4 billion consumers from the upkeep and sandwich-servicing portfolios to LoanSphere MSP, Black colored Knight’s industry-top loan upkeep system.

MSP also provides just one, complete program to help with mortgage loans and you may family guarantee items that assists website subscribers create every maintenance procedure, including financing boarding, fee control, escrow administration, standard management and more.

We selected MSP for the capability to render Ditech that have an effective, industry-important maintenance solution toward measure to help with the servicing and you can sub-servicing providers. I invited this particular technology have a tendency to subsequent promote the ability to submit a superb customers feel along with our very own compliance opportunities, a significant planning within industry’s ever-changing regulatory environment, told you David Schneider, chairman of Ditech. We believe the conversion succeeded, largely due to the tireless services from Ditech’s knowledgeable and you will gifted staff combined with Black colored Knight’s experienced execution and you will assistance groups, exactly who offered strong technology, app have a glimpse at this link and operational advice regarding techniques.

As before announced, Ditech including then followed LoanSphere Bankruptcy and you may Foreclosure, an enterprise workflow software to help with the fresh bankruptcy and you may property foreclosure techniques; and you can LoanSphere Charging, a web site-centered service you to streamlines asking and you will invoicing. Both choices put that have MSP.

Black colored Knight keeps an effective track record of profitable conversion rates, and now we were very happy to spouse which have Ditech to help with this execution, said Joe Nackashi, chairman of Black colored Knight’s Repair Technology division. We look ahead to persisted the partnership with Ditech of the help the operational needs and you may coming achievements.

In the Ditech

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Ditech Monetary LLC (Ditech) can make economically voice homeownership possible for countless consumers. Ditech is actually a properly-understood bank and you can servicer off residential mortgages. With more than 4,five-hundred personnel from inside the cities along the You.S., the firm will bring domestic mortgage circumstances due to several house loan specialists who’re easily accessible because of the phone (1-800-700-9212) and online. As well, Ditech’s Correspondent Lending Section lovers that have 600+ loan providers nationwide. Ditech is actually belonging to Walter Financing Management Corp. (NYSE: WAC), the leading diversified financial banking enterprise. To find out more, please go to ditech .

From the LoanSphere

LoanSphere are Black Knight’s prominent, end-to-stop program out of included technical, investigation and analytics giving support to the whole home loan and you may home collateral mortgage lifecycle of origination so you’re able to upkeep in order to standard. The platform delivers organization procedure automation, workflow, legislation and you may provided analysis regarding the loan process, bringing a much better consumer experience, economy and assistance to have modifying regulating requirements. By the partnering lending services and you will study, Black Knight’s LoanSphere assists loan providers and servicers reduce risk, increase overall performance and drive economic abilities.

On Black colored Knight Economic Qualities, Inc.

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Black colored Knight Financial Services, Inc. (NYSE: BKFS), a Fidelity National Monetary (NYSE:FNF) team, was a prominent supplier regarding incorporated technology, studies and you can analytics choice you to definitely assists and you can speed up a number of the business process along side mortgage lifecycle.

Black Knight Monetary Properties is actually invested in becoming a top business lover you to definitely loan providers and you can servicers rely on to reach their proper goals, discover greater success and better suffice their clients from the providing greatest-in-category tech, features and you can understanding which have a persistent commitment to excellence, creativity, integrity and you may leadership. To learn more about Black Knight Monetary Qualities, please go to bkfs

Disclaimer and you can Preventive Mention Away from Forward-Lookin Statements So it news release include forward-lookin statements into the meaning of Area 27A of Bonds Operate from 1933, as revised and you may Area 21E of one’s Ties Exchange Operate from 1934, since revised, clear on being regarding Ditech Financial LLC, an entirely owned part out-of Walter Money Administration Corp. (Walter Capital). Statements that aren’t historic reality try submit-lookin statements. Certain of these types of submit-searching statements might be identified by the utilization of words such as for instance once the thinks, expects, anticipates, seeks, agreements, tactics, prices, assumes, may, is to, often, goals, or other comparable phrases. Including submit-appearing comments encompass recognized and not familiar dangers, uncertainties or any other tips, and you will Walter Investment’s genuine show, abilities or success you can expect to differ materially of upcoming performance, abilities otherwise achievement conveyed on these submit-searching statements. Such submit-looking comments are based on Walter Investment’s newest philosophy, objectives and you may traditional. These statements are not guarantees otherwise an indicator regarding coming overall performance. Essential presumptions or any other tips which could result in Walter Investment’s real brings about disagree materially of people pass-appearing comments is, but they are not limited to, men and women affairs, threats and you may uncertainties explained beneath the caption Risk Points on Walter Investment Annual Review of Form ten-K on 12 months concluded plus Walter Investment’s most other filings into the SEC.

Likewise, this news release could possibly get incorporate comments away from Walter Investment’s thoughts or trust about the field requirements and comparable matters. In a few days, the individuals feedback and you may opinions is depending general observations by the people in Walter Investment’s government, anecdotal evidence and you can/otherwise Walter Investment’s knowledge of new conduct of the business, rather than specific study or statistical analyses. For this reason, when you are for example statements mirror Walter Investment’s look at the marketplaces and you can avenues in which its on it, they need to not seen as highlighting proven viewpoints and you will for example views is almost certainly not mutual by the that happen to be doing work in men and women opportunities or locations.