Seller Digital
Seller DigitalSM is a convenient, responsive solution that correspondent sellers can use to easily deliver loans, track commitment pipelines and manage conditions, with features to lock Best Efforts registrations and allocate Mandatory loans, as well as upload the data and documents with superior automation.
Correspondent Lending Technology on a User-Friendly Platform
Seller Digital creates a seamless process for both sellers and buyers – from pricing to delivery. Built with feedback from correspondent lenders, the user-friendly lending platform provides an easy-to-navigate user experience to help sellers and buyers keep pace in today’s competitive market. The solution delivers advanced workflow functionality and two-way communication capabilities so that sellers can manage their correspondent transactions, while buyers can create on-demand notifications for any exceptions that may need attention.
Personalized, Automated And Integrated
With Seller Digital, correspondent lenders can offer their sellers a simple, self-service platform, while maintaining the power to customize configurations based on their own specific business requirements or conditions for each transaction. The solution’s integrated rules engine facilitates easy condition management for both the purchasing lender and the seller.
Seller Digital leverages artificial intelligence and machine-learning technology to automate data and document collection processes, including assessing the completeness of the loan package when sellers upload required documents and setting conditions when information is missing. Additionally, with the option to upload loan information in bulk, users can save time and costs associated with processing files one-by-one.
Lenders using Seller Digital can further realize efficiencies with the solution’s integration into Empower®, Black Knight’s leading loan origination system (LOS), for downstream processing.
Leverages AI for document classification and data extraction
Includes comprehensive rules engine for systematic condition management
Cloud-based, responsive design with configurable workflow
Convenient user-interface view of loan status, history and summary
Upload loan data individually or in bulk