Skip to main content

KeyBank Adds Home Equity Portfolio To Black Knight's MSP Servicing System

Navi Persaud
Sep 21, 2020
Laptop on a desk with a coffee cup and pens.

KeyBank successfully transferred its home equity portfolio onto Black Knight Inc.'s MSP servicing system. With the integration, KeyBank will be able to streamline its operations and compliance and reporting requirements, further strengthening the customer experience, according to a press release.

"MSP is used by financial institutions to service approximately 36 million active loans," according to the release. "The system, which helps clients manage all servicing processes – from payment processing to escrow administration, customer service, default management and more – can accommodate virtually any size portfolio and includes client support services."

KeyBank also uses Black Knight's Empower loan origination system, bankruptcy, foreclosure, loss mitigation, invoicing, actionable intelligence platform, lien alert and McDash standard reports technology. 

Published
Sep 21, 2020
MBA Swears In New Officers For 2021-22

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Industry News
Oct 18, 2021
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Tech
Oct 18, 2021
Nationwide Mortgage Bankers Names New COO

Nate Hernandez was named chief operating officer for Nationwide Mortgage Bankers.

Industry News
Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Tech
Oct 18, 2021
ChainLogix Appoints New Vice President, Operations

Jeryl Graham hired to accelerate growth in title & mortgage services.

Industry News
Oct 15, 2021
JPMorgan Chase To Commit $8.4M To Improve Household Stability For The Underserved

JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.

Community
Oct 15, 2021