Foreclosure
Streamlined, Automated Foreclosure Solution
Black Knight’s ForeclosureSM solution helps streamline the entire foreclosure process, with functionality to automate workflows, configure business rules, and optimize business operations and productivity. By reducing time-consuming and labor-intensive processes, servicers benefit from greater efficiency, increased processing volumes and reduced risk.
Supports Servicer-Specific Guidelines, Exceptions and Compliance
Foreclosure was designed with the adaptability to support a servicer’s existing business processes, with the scalability to manage all transaction volumes. Customizable functionality supports client-defined exception-handling processes and configurable business rules, while providing a detailed audit trail that documents all user actions.
The solution helps servicers:
- Support compliance
- Maximize efficiencies
- Reduce time-consuming, manual processes, such as data entry and paperwork
- Streamline the exchange of data
- Increase processing volumes
- Improve data consistency
- Reduce risk
- Access automated and on-demand account data
- Support compliance
- Maximize efficiencies
- Reduce time-consuming, manual processes, such as data entry and paperwork
- Streamline the exchange of data
- Increase processing volumes
- Improve data consistency
- Reduce risk
- Access automated and on-demand account data
Advanced Features, Customizable for Servicers’ Unique Needs
Automated Workflow Management Technology
Adaptable to Existing Business Processes
Scalability for Any Transaction Volume
Task Initiation Based on Business Practices
Highly Configurable Business Rules
Real-Time Data Access and Export
Client-Defined Exceptions Support
Full Integrated with MSP® servicing system and Third-Party Platforms