Helping Servicers Manage Forbearance, Repayment and Loan Modification Volumes

In the wake of the COVID-19 crisis, servicers are looking for efficient ways to manage the volume of forbearance requests, as well as prepare for a surge in repayment plans, FHA Partial Claims, Payment Deferral programs and loan modifications when borrowers’ forbearance period ends. 
To help servicers more easily handle the increase in volume, Black Knight offers Loss Mitigation℠,  a feature-rich solution that delivers robust automation and end-to end functionality that helps significantly streamline forbearance and loan modification processes. 

Bi-directional consumer portal enables borrowers to complete the application process

Includes industry standard settings and assignment rules based on role and investor/insurer

Enables users to quickly and easily set up and extend forbearance plans

Identifies and presents the programs in which the borrower meets eligibility requirements 

Evaluates borrowers for loss mitigation options regardless of the investor, insurer, loan type, policy or program  

Seamlessly integrates with Black Knight’s best-in-class MSP® servicing system

Complete the form to schedule a demo today.

Complete the form to schedule a demo today.