Ditech Converts step 1.cuatro Billion Customers so you’re able to Black colored Knights LoanSphere MSP Maintenance System

JACKSONVILLE, Fla. Ditech Monetary LLC (Ditech) and you will Black colored Knight Economic Characteristics, Inc . (NYSE:BKFS), a number one provider regarding provided technical, study and you can statistics into the financial and a house marketplaces, announced now one to Ditech, enjoys translated as much as step 1.4 mil users from the servicing and sub-repair portfolios onto LoanSphere MSP, Black colored Knight’s globe-best financing maintenance system.

MSP also offers just one, comprehensive system to support mortgage loans and house guarantee items that assists clients do every repair process, and additionally loan boarding, commission control, escrow government, standard government and.

We chose MSP because of its capacity to promote Ditech with a robust, industry-standard maintenance provider into the level to help with our upkeep and you may sub-servicing organization. I acceptance this technology often next increase the capacity to deliver an excellent buyers experience plus our conformity prospective, an important attention within our industry’s ever-modifying regulatory environment, said David Schneider, chairman away from Ditech. We feel the fresh new conversion process succeeded, mostly due to the tireless efforts away from Ditech’s experienced and you may talented staff coupled with Black Knight’s educated execution and you can assistance teams, just who given good technology, app and working direction throughout the techniques.

Once the in past times established, Ditech including accompanied LoanSphere Case of bankruptcy and Foreclosure, a business workflow software to help with the new bankruptcy and you can foreclosure process; and LoanSphere Billing, a web site-situated solution you to streamlines charging and you can billing. Each other choices feature which have MSP.

Black colored Knight enjoys a powerful reputation winning sales, and we was very happy to mate having Ditech to help with which implementation, said Joe Nackashi, president away from Black Knight’s Maintenance Tech department. I look ahead to carried on our union having Ditech from the help their functional wants and you will coming success.

From the Ditech

Ditech Financial LLC (Ditech) can make financially voice homeownership easy for an incredible number of consumers. Ditech is actually a well-recognized bank and servicer of residential mortgage loans. With over cuatro,five hundred staff for the places along side You.S., the firm will bring home-based financial issues due to several household financing specialist that accessible by the cellular phone (1-800-700-9212) an internet-based. Concurrently, Ditech’s Correspondent Financing Office partners which have 600+ creditors across the country. Ditech is owned by Walter Financial support Government Corp. (NYSE: WAC), a respected diversified mortgage financial organization. For more information, kindly visit ditech .

Regarding LoanSphere

LoanSphere try Black Knight’s prominent, end-to-prevent platform from provided tech, investigation and analytics giving support to the entire home loan and you can domestic equity financing lifecycle from origination to help you servicing to default. The working platform brings organization techniques automation, workflow, laws and regulations and you can incorporated investigation throughout the financing techniques, bringing a better consumer experience, cost savings and you may help having modifying regulatory requirements. By partnering lending properties and you can investigation, Black colored Knight’s LoanSphere support lenders and servicers dump risk, boost show and you will push economic overall performance.

On the Black Knight Economic Characteristics, Inc.

Black Knight Financial Services, Inc. (NYSE: BKFS), a great Fidelity Federal Financial (NYSE:FNF) company, was the leading vendor out-of integrated technology, study and you will statistics selection one facilitate and you will automate many providers process over the home loan lifecycle.

Black Knight Monetary Qualities is actually purchased becoming a leading business spouse you to loan providers and servicers believe in to achieve the strategic needs, see greater victory and higher serve their customers by delivering greatest-in-classification tech, properties and you can sense which have a persistent dedication to perfection, invention, integrity and you will leaders. More resources for Black Knight Economic Functions, please visit bkfs

Disclaimer and you will Preventive Mention Out of Forward-Looking Comments That it news release contains forward-appearing statements in meaning of Point 27A of the Securities Operate away from 1933, as the revised and you can Area 21E of one’s Bonds Exchange Act off 1934 Houston savings and installment loan, since amended, certain of which are connected with Ditech Financial LLC, an entirely had part of Walter Investment Government Corp. (Walter Investment). Statements that aren’t historical truth are give-looking comments. Clear on this type of submit-searching statements are going to be recognized by the employment of words such as for instance while the believes, expects, wants, seeks, arrangements, programs, prices, assumes, get, would be to, will, targets, or other similar terms. Such as for instance forward-searching statements include understood and you can not familiar dangers, concerns or other keys, and you will Walter Investment’s actual efficiency, performance or achievement you’ll differ materially from future performance, performance otherwise triumph expressed during these submit-lookin comments. Such pass-searching comments derive from Walter Investment’s latest values, intentions and you will requirement. Such comments commonly promises or an indication out of future performance. Important presumptions or other important factors which could lead to Walter Investment’s genuine results to disagree materially regarding men and women pass-appearing comments include, however they are not limited so you can, people activities, dangers and concerns demonstrated underneath the caption Exposure Situations in the Walter Funding Yearly Article on Mode 10-K on the year ended plus in Walter Investment’s other filings towards the SEC.

On the other hand, which press release can get incorporate statements out-of Walter Investment’s advice otherwise faith about the markets requirements and you can similar matters. In a number of times, those people opinions and you may philosophy is based upon general observations of the people in Walter Investment’s administration, anecdotal research and/or Walter Investment’s expertise in the brand new perform of its providers, in the place of specific analysis or mathematical analyses. Ergo, if you are such as comments reflect Walter Investment’s look at the latest markets and you can avenues in which its inside, they need to not be seen as showing proven views and you can including feedback may not be mutual because of the all the who happen to be working in those individuals industries otherwise segments.