Skip to main content

Black Knight Introduces New Loan Lifecycle Offering

National Mortgage Professional
Oct 19, 2015
Black Knight Financial Logo

Black Knight Financial Services (BKFS) has announced the introduction of LoanSphere, a platform of integrated technology, data and analytics that supports the mortgage and home equity loan lifecycle—from origination to servicing to default. Black Knight's LoanSphere platform will significantly change the traditional business model by fully integrating all origination and servicing functions for mortgage, home equity loans and lines of credit (HELOCs) through business process automation, workflow, configurable rules and integrated data. This innovative solution will provide:

►Greater end-to-end connectivity that enables loan data exchange from function to function across the entire loan lifecycle without the need to rekey information in separate systems for greater efficiency and reduced errors

The ability to link loan and borrower data from Black Knight's LoanSphere applications with public records and third-party data using the LoanSphere Data Hub for faster, more accurate analysis; better decision-making; improved efficiency; and increased transparency into previously unavailable insights

A common look and feel across all LoanSphere applications to make training easier for clients' employees and improve their ability to support multiple functional areas with limited additional system training

Direct access to linked data and a full suite of data and analytics products from within the LoanSphere platform—including origination, servicing and default applications—enhances decisioning capabilities and improves quality of processes

"No other company can deliver LoanSphere's proven, innovative solutions and insightful data across every aspect of the loan lifecycle," said Black Knight CEO Tom Sanzone. "Integrating our comprehensive capabilities under LoanSphere offers our clients tremendous possibilities for enhancing efficiency, reducing risk and improving financial performance through cost savings and business growth."

Published
Oct 19, 2015
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
Former Employees Sue Rocket Mortgage Over OT Pay

Claim company failed to properly calculate & pay OT for working beyond 40 hours a week.

Operations
Jan 09, 2023
Judge Grants UWM Partial Win In Ultimatum Lawsuit

AML’s declaration that the ultimatum violated antitrust law survived.

Industry News
Jan 04, 2023
A&D Mortgage Launches Temporary Rate Buydowns

Offering 3-2-1 and 2-1 buydown options.

Industry News
Jan 04, 2023
Zillow: 2M Homes No Longer Require A Jumbo Loan

This is the result of FHA's update to the baseline conforming loan limit in high-cost areas topping $1 million.

Industry News
Jan 04, 2023