Foreclosure℠
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- Foreclosure timeline and event oversight and management
- Best-in-class, turnkey solution with additional configurability options
- Real-time client-vendor communications and document-sharing capabilities
- Standard integration with MSP® and other applications that provide relevant data
Foreclosure℠ is a web-based application that helps you manage the foreclosure process with standard, configurable event tracking, as well as streamlined vendor communications. This results in optimized business operations and increased productivity. The solution has bi-directional, real time access for servicers and vendors that increases efficiency and processing volumes while reducing risk.
- Overview
- Features
- What’s Included
About Foreclosure
Black Knight’s solution supports the entire foreclosure process from referral through disposition. This includes automated vendor selection and client-specific documentation delivery, as well as event tracking and access to servicing data, which assists with a seamless and timely referral process with quality information.
While navigating the foreclosure process, this application provides updates and secure, direct communications with your preferred vendor. Foreclosure also helps you support regulatory requirements with customized process and timeline management options.
Integration With MSP Servicing System
Integration with the MSP loan servicing system helps stop the foreclosure process during loss mitigation efforts.
Process and Event Tracking Management
Increase processing volumes by automating time-consuming and manual tasks.
Secure Vendor Communications
Include secure access to a wide variety of vendors including attorneys, title vendors, valuation providers and auction vendors.
Regulatory Compliance
Avoid costly fines using automated process management tools that help you account for each step in the foreclosure timeline.
Document Export
Retrieve documents from Foreclosure to transmit to your client imaging system. Documents can be extracted in batches with an index or meta-data files in XML format that describes the individual documents.
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Speak to a Black Knight representative to learn more about how we can help you streamline and automate the foreclosure process.
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Solutions Related to Foreclosure
Foreclosure seamlessly integrates with many of Black Knight’s suite of easy-to-use, web-based default servicing solutions, including the MSP servicing system. These applications deliver rules-driven automation and advanced workflows to streamline bankruptcy, loss mitigation, claims and invoicing processes.
Goals Related to Foreclosure
Whether you’re looking to improve profitability, mitigate risk or something else – Black Knight can help.
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