LoanSphere® Empower® is Black Knight’s dynamic, innovative, enterprisewide loan origination system (LOS) used by lenders to originate first mortgages and home equity loans and lines of credit. With its automation and robotics capabilities, lenders can enhance data integrity, improve cycle times and lower their origination cost per loan.
Empower’s LOS data, pricing and documents can be integrated with your digital platforms through the use of APIs to support your digital mortgage strategy and provide a simpler, faster and more transparent loan process.
Black Knight’s Empower Now! is a loan origination system designed specifically to meet the needs of mid-market lenders, including regional banks, credit unions and independent mortgage bankers.
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Black Knight is harnessing the power of artificial intelligence (AI) and machine learning (ML) to help lenders become more efficient and drive down operational costs when originating a loan.
AIVASM automates many of the “stare-and-compare,” task-oriented and repetitive manual functions that lenders manage every day. “She” helps accelerate the speed of processing which can result in greater operational efficiency, productivity, reduced costs and a better borrower experience.
AIVA is being integrated with Black Knight’s Empower and LendingSpace loan origination systems. In addition, Black Knight’s AI/ML capabilities can be used to enhance efficiency and mitigate risk in other areas of financial services organizations.
AIVA is Black Knight’s artificial intelligence virtual assistant. She can read, comprehend and draw conclusions based on context to mimic cogitative thinking and build expertise over time. AIVA is easily scalable and helps deliver operational efficiencies to reduce turn times and origination costs.
Black Knight’s Fee Service is designed to help lenders and settlement agents process fees for the Loan Estimate and Closing Disclosure with unparalleled speed and accuracy. This unified access point for all fee-related data provides the flexibility you need to get the information the way you want it – either through the web, XML, mobile and third-party partner integrations.
Black Knight’s Fee Service alerts both lenders and settlement agents of fee changes as they happen so the appropriate action can be taken. With this precision, you will save time and costs and help minimize losses during the closing process.
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LoanSphere LendingSpace® is a scalable web-based loan origination system (LOS) designed specifically for the correspondent lending market. With advanced business rules and workflow, and a component-based design, the LendingSpace LOS streamlines loan processing and data quality checks for the entire loan origination process.
To efficiently track and manage mortgage origination sales leads, lenders need an effective and robust solution to assign, prioritize and rapidly respond to new sales opportunities, while nurturing existing relationships to maximize revenue opportunities.
LoanSphere SalesEdge® is an integrated and highly configurable lead and customer relationship management (CRM) solution, designed specifically for lenders to manage new leads, and develop and maintain customer relationships that will ultimately generate new business and boost productivity. Lenders have the option to use either the advanced lead assignment functionality or the business contact management capabilities — or both.
|Shorten lead response times||Turn inquiries into sales||Increase lead conversion and reduce marketing costs per loan|
|Foster long-term customer relationships and repeat business||Easily track referral statistics and trends||Provide important lead source performance metrics |
Black Knight offers a wide range of technologies designed to integrate seamlessly with lenders’ existing systems. These technologies help to eliminate costly connections and streamline the transfer of information so lenders can capture, share and collaborate more efficiently with their trusted service providers.
The foundation of our lending solutions is LoanSphere Exchange℠, currently connecting lenders with more than 25,000 service providers. This secure and integrated technology helps manage the loan origination process, eliminating costly connections to individual service providers, standardizing the user experience, enhancing process efficiency and supporting investor loan-quality requirements.
Exchange Digital℠ offers a self-service API marketplace to help lenders implement their digital strategies. The marketplace facilitates the flow of orders, data and documents between all participants in a real estate transaction in one central location. By registering APIs into Exchange Digital, lenders and providers will benefit from using existing assets and capabilities versus creating or buying new ones – saving considerable time and eliminating the need for multiple integrations.
LoanSphere Expedite℠ offers secure electronic-document collaboration and fulfillment services that enable enterprises to accelerate business processes, simplify workflows, adapt to changing industry demands and leverage opportunities quickly and cost-effectively.
Designed to streamline the complex closing process, LoanSphere Closing Insight® helps lenders support compliance requirements as they generate mortgage disclosures that borrowers must receive when applying for and closing on a loan.
The solution supports the closing-document process by helping lenders:
|Gather and update loan fee information||Deliver documents to settlement agents|
|Collaborate with settlement agents to reconcile and finalize Closing Disclosure data||Validate prefunding and post-closing data consistency and loan integrity|
LoanSphere ExpediteSM Close offers a fulfillment-based, advanced hybrid and full digital closing solution, enabling seamless and secure online transactions between everyone involved in a real estate transaction, including the settlement agent, lender, real estate professional, investor and consumer. The solution consolidates data and documents from multiple systems and presents them in one user-centric view. Also, the solution supports any specific documents that require a physical signature for those jurisdictions not yet accepting electronic notarization.
Our Enterprise Business Intelligence (EBI) platform helps make your loan origination data easier to access, understand and act upon. Our solutions enable you to get the right information to the right people at the right time – and in the right way – so you become more efficient, productive and compliant across your entire organization.
A robust business intelligence solution that provides instant access to information from multiple data sources to help forecast and monitor performance. This comprehensive technology offers real-time analytics, enabling lenders to proactively manage operations through key performance indicators, scorecards, executive and employee dashboards, and on-demand interactive reporting.
With LoanSphere® Motivity Anywhere℠ … you can access performance information on your mobile device.
Our LoanSphere® Data HubSM links your mortgage loan data with third-party data and Black Knight’s vast data assets, which include industry and MLS information, public records and property valuations. The information is matched across data sets to provide the richest source of connected client, property and mortgage data available.
Our leading commercial and residential property data is among the most current and accurate available. This robust data helps lenders make critical decisions, identify risk and improve business performance.
Black Knight offers intelligent, accurate analytics and predictive modeling via our highly regarded quantitative methods. Our proven, industry-leading models – based on borrower behavioral patterns, projected market trends, and national servicing data dating back to the early 1990s – help lenders make more informed decisions.
Our robust analytics and valuation solutions:
We also offer a language-agnostic, interactive platform where a lender’s staff can perform complex analytics, leveraging Black Knight data and models, as well as their own. The platform provides a turn-key analytic solution that drives agility, efficiency, and better utilization of scarce client resources.
Leveraging our unsurpassed property and mortgage performance databases, as well as scientific-based machine learning techniques, our highly experienced data science team can create predictive analytics for virtually any aspect of your mortgage business.
Leveraging the most advanced technology, vast data assets and cutting-edge analytics, we deliver objective, actionable insights into the mortgage and housing markets.
Based on our comprehensive data assets, and more than 20 years of modeling and analytics expertise, the Index Suite delivers unmatched depth, coverage and currency. Updated continually, the Index Suite is comprised of two series: a Mortgage Market Index and a Housing Market Index. The Housing Market Index includes previously unavailable insights into the supply side of the housing market.
Our experienced consultants can deliver customized solutions. Relying on our unparalleled data, powerful analytics and deep industry experience, Black Knight’s Advisory Services consultants work closely with you to help achieve your business goals.