Black Knight’s Mike Vough Selected as a 2023 HousingWire Rising Star for Next-Generation Technology Innovations for Hedging and Loan Trading
JACKSONVILLE, Fla. – June 1, 2023 – Mike Vough, vice president of hedging and loan trading products for Optimal Blue, a division of Black Knight, Inc. (NYSE:BKI), has been chosen by HousingWire’s editorial staff as a 2023 HousingWire (HW) Rising Star. The annual list recognizes proven leaders who are 40 years of age and younger who are driving the mortgage, real estate and fintech industries forward. The winners were selected based on their professional achievements within their organizations, contributions to the overall housing economy, community outreach, client impact and personal success.
“This year’s list of HW Rising Stars represents some of the brightest and most innovative minds in mortgage and real estate,” HousingWire Editor-in-Chief Sarah Wheeler said. “I am continuously impressed by the caliber of talent that emerges each year. This award consistently highlights the importance and impact of up-and-coming leaders who are driving the industry forward with their creativity, dedication and passion.”
As part of his responsibilities, Mike oversees a number of critical products and services such as Capture, CompassPoint, MSR Valuations, OBSS, Resitrader and Whole Loan Valuation. Simplifying the way lenders operate in the secondary marketplace – all from a single, integrated solution platform – can save them time and basis points.
In addition, Mike provides Optimal Blue’s clients with comprehensive advisory and analytical services on numerous issues including pipeline risk management; mortgage servicing valuations; pooling strategies and optimization; data, analytics, pricing and margin strategies; industry best practices and more.
Mike was also instrumental in the development and launch last year of the CompassEdge solution, believed to be the most significant innovation in mortgage capital markets in a decade. CompassEdge combines three existing, leading platforms – CompassPoint, Optimal Blue Secondary Services and Resitrader – into a single, industrial-strength pipeline management system with an easy-to-use interface for lenders to more easily manage a pipeline, trade loans and value servicing.
“Under Mike’s direction, these integrated solutions and actionable analytics support clients’ unique business strategies for secondary marketing, no matter how complex, and he is leading technology innovations that represent the next generation of hedging and loan trading,” said Kevin McMahon, president, Optimal Blue, a division of Black Knight. “Mike’s understanding of the drivers, assumptions and considerations of MSR valuations have provided our clients invaluable support as MSR portfolios become an even more important part of a lender’s business and overall profitability.”
“I’m proud to share this incredible honor from HousingWire with my amazing team, whose experience, technical expertise and commitment to continual innovation inspire me every day,” Vough said. “Together, we want to keep delivering the sophisticated secondary marketing technologies our clients need to compete more effectively, sell loans more profitably and better manage interest rate risk associated with their positions.”
About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.
Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serving their customers. For more information on Black Knight, please visit www.blackknightinc.com/.
About HW Media
HW Media is the leading digital community for mortgage, real estate and fintech professionals to engage, learn and access the information they need to support decision-making and business growth. Aligned with our mission to ‘Move Markets Forward,’ we publish daily news and content through each of our core publishing brands including HousingWire, RealTrends and Reverse Mortgage Daily. HW Media is based in Dallas, TX with team members across the country.
HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches more than 125,000 newsletter subscribers daily and 1 million unique visitors each month and has more than 6,000 members and event attendees. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.