Ditech Transforms step 1.4 Million Consumers so you’re able to Black Knights LoanSphere MSP Upkeep Program

JACKSONVILLE, Fla. Ditech Financial LLC (Ditech) and Black Knight Monetary Attributes, Inc . (NYSE:BKFS), a respected provider off incorporated technical, studies and analytics to the financial and you may a property marketplace, announced today that Ditech, provides converted up to step 1.cuatro million customers from the repair and you will sandwich-servicing portfolios on to LoanSphere MSP, Black colored Knight’s community-top financing upkeep program.

MSP now offers one, total platform to help with mortgages and you can house security products that facilitate subscribers would most of the maintenance process, and mortgage boarding, percentage processing, escrow government, default administration and more.

We picked MSP for its power to render Ditech that have a robust, industry-important upkeep provider to your size to help with our servicing and you can sub-repair business. I anticipate this particular technology tend to further increase our power to send an exceptional consumer experience also the compliance prospective, a significant believe inside our industry’s ever before-altering regulatory environment, said David Schneider, president from Ditech. We feel the fresh conversion process was successful, mainly considering the tireless jobs regarding Ditech’s experienced and you can talented staff combined with Black colored Knight’s educated execution and support teams, whom considering strong technical, app and you may working guidance about processes.

Just like the previously announced, Ditech including observed LoanSphere Bankruptcy proceeding and Property foreclosure, an enterprise workflow software to support this new personal bankruptcy and you may foreclosure process; and you can LoanSphere Invoicing, a web-mainly based provider you to definitely streamlines charging you and you can billing. One another solutions put with MSP.

Black Knight keeps a strong reputation winning conversions, and we also was indeed very happy to mate that have Ditech to support this execution, told you Joe Nackashi, chairman off Black Knight’s Repair Tech department. We look forward to continued our connection which have Ditech of the support their https://paydayloanalabama.com/kansas/ operational needs and you can upcoming achievements.

In the Ditech

Ditech Economic LLC (Ditech) renders financially sound homeownership easy for millions of consumers. Ditech is a proper-recognized lender and you may servicer away from home-based mortgage loans. With well over cuatro,500 personnel when you look at the locations along the You.S., the business brings residential financial issues owing to a group of home financing experts that happen to be available of the mobile phone (1-800-700-9212) an internet-based. Simultaneously, Ditech’s Correspondent Lending Department couples that have 600+ creditors all over the country. Ditech was owned by Walter Capital Government Corp. (NYSE: WAC), a leading varied home loan financial organization. To learn more, please visit ditech .

About LoanSphere

LoanSphere was Black Knight’s prominent, end-to-stop platform of integrated technology, data and you will statistics giving support to the entire financial and you may family security financing lifecycle away from origination so you can maintenance in order to standard. The platform provides company procedure automation, workflow, laws and regulations and integrated study on the mortgage process, bringing a better consumer experience, benefit and assistance to possess changing regulating requirements. By the integrating lending functions and you can study, Black Knight’s LoanSphere support lenders and you can servicers beat risk, increase overall performance and you may drive financial results.

Throughout the Black Knight Monetary Characteristics, Inc.

Black colored Knight Economic Qualities, Inc. (NYSE: BKFS), a beneficial Fidelity National Economic (NYSE:FNF) providers, are the leading vendor regarding included tech, analysis and analytics choices one to facilitate and you may speed up a few of the company processes across the mortgage lifecycle.

Black Knight Monetary Services are invested in are a high organization spouse one lenders and you can servicers trust to get to the proper wants, see higher success and higher suffice their customers because of the delivering greatest-in-classification tech, qualities and you can notion that have a persistent commitment to excellence, innovation, integrity and frontrunners. For more information on Black colored Knight Economic Characteristics, please visit bkfs

Disclaimer and you may Preventive Mention Off Pass-Lookin Comments It press release includes forward-looking statements in meaning of Area 27A of Bonds Act regarding 1933, once the amended and you will Part 21E of the Ties Change Work of 1934, once the amended, sure of which happen to be connected with Ditech Monetary LLC, an entirely had subsidiary regarding Walter Investment Government Corp. (Walter Investment). Statements which are not historical truth is actually give-lookin comments. Clear on this type of forward-appearing statements will be identified by the utilization of words for example while the thinks, needs, needs, intends, agreements, ideas, estimates, assumes on, could possibly get, should, usually, targets, and other equivalent terms. Such as give-searching statements encompass recognized and you may not familiar dangers, concerns or any other tactics, and you can Walter Investment’s genuine overall performance, performance or achievement you’ll differ materially out-of coming abilities, overall performance otherwise triumph conveyed within these pass-appearing statements. This type of forward-lookin statements depend on Walter Investment’s latest beliefs, intentions and requirement. These types of statements aren’t guarantees or a sign regarding upcoming abilities. Crucial presumptions or any other important factors which will cause Walter Investment’s genuine brings about disagree materially away from the individuals send-lookin statements are, however they are not limited to help you, men and women situations, dangers and you can concerns described in caption Risk Points regarding the Walter Financing Annual Post on Means ten-K to the year concluded as well as in Walter Investment’s most other filings to the SEC.

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