Collections℠

Collections can help streamline the process of collecting delinquent payments. The solution is fully integrated with the MSP loan servicing system and Black Knight’s consumer-centric servicing solutions, to offer customer service agents a user-friendly experience to service borrowers.  

Data input in Collections is updated directly in MSP, helping to reduce manual errors and risk. Additionally, the solution can be integrated with third-party dialer technology, extending the solution’s capabilities to include call tracking and sequencing.  

Collections leverages data from MSP to provide access to key information on a single screen, helping agents quickly understand the borrower’s situation so they can match them with an appropriate remedy. Automated workflows and calculations guide agents in asking preconfigured questions, while built-in logic helps them identify assistance options for which a borrower qualifies. These features lead to more effective and efficient interactions, creating a better experience for both agents and borrowers.  

Collections also assists in compliance with regulatory and investor requirements relative to each borrower’s loan scenario, including FDCPA call frequency requirements. Additionally, status indicators, such as litigation, cease and desist and more, show important alerts that can impact servicing compliance. Collections can also be configured with your organization’s assistance options and rules-based agency.