Black Knight Enhances CompassPoint Pool Optimizer Solution – NMP Skip to main content

Black Knight Enhances CompassPoint Pool Optimizer Solution

Oct 05, 2020
Computer showing algorithm.
Director of Events

Black Knight Inc. enhanced its CompassPoint solution, a risk management and loan sale platform for the secondary loan market. The enhancement includes a new algorithm that helps meet investor demand for longer-lasting mortgage-backed securities that also takes into account the lender's profitability and third-party relationships, according to a press release.

CompassPoint is used by lenders to eliminate the process of sorting through their closed loan inventory to find the optimal combinations pools that comply with the Securities Industry and Financial Markets Association's pooling minimums and tolerances, according to the release.

"The new algorithm we've created for our Pool Optimizer enhancement goes beyond the complexities of solving for best price by enabling our customers to incorporate the preferences of their investor partners with one click," said James Baublitz, managing director for pipeline analytics with Black Knight Secondary Marketing Technologies. "The latest enhancement to CompassPoint represents Black Knight's continued focus on innovation for the secondary market to help market participants improve profit margins and reduce risk."

According to Black Knight, the algorithm can solve for the optimal combination of pools based on the company's configurations and given SIFMA requirements, as well as credit stipulations and volume thresholds imposed by servicing buyers and the GSEs. Additionally, Black Knight revealed that the solution also gives lenders the ability to incorporate the borrower FICO score, property type, property state and more.

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Oct 05, 2020
More from
Tech
Friday Harbor Expands AI Appraisal Reviews As UAD 3.6 Deadline Nears

The new capability adds more than 350 automated checks as lenders prepare for the November 2 mandate

Oct 27, 2026
GetWyz Targets First-Time Buyers Before They Reach An LO

The MoneyGuide founder’s free planning app helps buyers map when they could afford a home, with an optional handoff to its wholly owned brokerage

Oct 20, 2026
Floify Adds Asset Verification, Targets Duplicate Document Requests

The Argyle-powered addition brings income, employment, and asset verification into one service, with bank-connected data flowing directly into the loan application

Oct 20, 2026
VantageScore Expands Credit Planning Push With New Simulator

The tool projects how borrower actions could affect VantageScore 4.0 scores across three bureaus, extending competition with FICO into borrower preparation

Oct 19, 2026
Bay Capital Adds LiteSpeed To Its Pitch For Producing LOs

The mortgage banker’s new point-of-sale deployment fits a broader recruiting message built around operational support, technology, and more time to develop business

Oct 19, 2026