Tag Archives: Black Knight Financial Services

Tim Anderson, President of President of eMortgage Strategy, Evolve Mortgage Services, chats with MReport about eClosing platforms.

Black Knight Financial Services announced last week the release of LoanSphere Empower 7.0, a new version of its loan origination system (LOS), including updates aimed at compliance with the Consumer Financial Protection Bureau’s (CFPB) Home Mortgage Disclosure Act (HMDA) and enhanced technological integrations.

Regions Bank, one of the top 20 U.S. banks, renewed its agreement to use LoanSphere MSP on its first mortgage loans and will also be converting home equity loans and lines over to LoanSphere MSP.

Black Knight Financial Services’ Data and Analytics division announced this week the hiring of Dave Hurt to lead business in capital markets and government entities. He will be responsible for developing new client relationships and maintaining existing ones.

“Black Knight is pleased to provide these innovative capabilities to improve the process of gathering fees needed and estimated taxes for the closing process,” said Jerry Halbrook, President of the Origination Technologies division of Black Knight Financial Services. “By delivering automated fee quotes, Fee Service helps to minimize tolerance violations, increase savings, and enhance the borrower experience.”

Black Knight’s newest tool will allow companies to efficiently identify impending liabilities and minimize title insurance claims.

Black Knight Financial Services has announced the launch of Paragon for Brokers (P4B), a unique solution supporting real estate brokers’ needs for more differentiation, autonomy, and control within their Paragon MLS system, according to an announcement from Black Knight.

The mortgage industry continues to feel the effects of the Brexit vote from late June, as refinancing activity exploded during the summer.

Black Knight Financial Services and CRS Data have formed a strategic partnership to create a simple solution integrating the capabilities of Paragon MLS, Black Knight’s flagship multiple listing service (MLS) system, and CRS Data’s tax suite.

While borrowers with pristine credit are still getting a majority of purchase loans, lenders are showing signs that they are willing to let borrowers with “moderate” credit in on the action.