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JACKSONVILLE, Fla. Ditech Economic LLC (Ditech) and Black colored Knight Economic Characteristics, Inc . (NYSE:BKFS), a prominent provider out of provided technology, studies and statistics on the financial and you may real estate areas, announced today one to Ditech, has converted as much as step one.cuatro million users from the upkeep and you can sandwich-repair portfolios to LoanSphere MSP, Black Knight’s business-top mortgage upkeep system.

MSP offers an individual, complete program to support mortgage loans and household equity items that support subscribers manage all of the upkeep procedure, including financing boarding, fee handling, escrow government, default government and.

I selected MSP for the ability to provide Ditech having a strong, industry-fundamental upkeep solution on the measure to help with all of our upkeep and you may sub-repair providers. I invited this technology usually after that enhance the capacity to send a superb customer sense and our conformity possibilities, an important consideration inside our industry’s actually-switching regulatory ecosystem, said David Schneider, chairman regarding Ditech. We believe the brand new sales was successful, mostly considering the tireless operate out-of Ditech’s knowledgeable and you may gifted employees along with Black Knight’s experienced execution and support communities, just who offered solid technology, software and you will operational recommendations about procedure.

As the in the past launched, Ditech including followed LoanSphere Bankruptcy proceeding and you will Property foreclosure, a business workflow software to support new personal bankruptcy and foreclosure processes; and you will LoanSphere Invoicing, a web site-oriented solution you to definitely streamlines battery charging and invoicing. Both selection consist of that have MSP.

Black colored Knight provides a robust track record of profitable conversions, therefore we were happy to mate which have Ditech to support this execution, told you Joe Nackashi, president regarding Black Knight’s Maintenance Innovation office. I anticipate continued our union having Ditech loan places Lincoln by the support the operational goals and coming successes.

On Ditech

Ditech Monetary LLC (Ditech) produces economically sound homeownership simple for an incredible number of users. Ditech is a highly-known financial and you will servicer regarding residential mortgages. Along with 4,500 group from inside the towns and cities along side U.S., the firm will bring home-based financial factors using several home loan specialist who’re available because of the cellular phone (1-800-700-9212) and online. As well, Ditech’s Correspondent Lending Office partners with 600+ creditors across the country. Ditech try belonging to Walter Money Management Corp. (NYSE: WAC), a respected diversified home loan financial business. To learn more, please go to ditech .

Regarding the LoanSphere

LoanSphere is Black colored Knight’s premier, end-to-prevent system of included technical, data and you will analytics supporting the entire mortgage and you will family collateral financing lifecycle of origination to maintenance so you can standard. The platform provides providers process automation, workflow, laws and you can incorporated studies regarding mortgage processes, delivering a better user experience, economy and you will assistance to possess altering regulating criteria. By the partnering credit characteristics and research, Black colored Knight’s LoanSphere assists lenders and you may servicers eliminate exposure, raise show and you will push economic performance.

Regarding the Black colored Knight Economic Attributes, Inc.

Black colored Knight Monetary Characteristics, Inc. (NYSE: BKFS), a Fidelity National Monetary (NYSE:FNF) organization, was a prominent provider of provided technology, investigation and you can statistics options you to support and you will automate many team techniques along side home loan lifecycle.

Black colored Knight Economic Services is actually purchased being a premier organization spouse one loan providers and you will servicers believe in to get to the proper specifications, realize higher achievements and better suffice their clients of the providing finest-in-classification tech, characteristics and sense having a persistent dedication to brilliance, innovation, stability and you will leaders. For additional info on Black Knight Economic Features, kindly visit bkfs

Disclaimer and you may Preventive Mention Out-of Forward-Appearing Statements So it press release consists of forward-searching comments into the concept of Area 27A of one’s Ties Work out-of 1933, because revised and Point 21E of your own Securities Exchange Act away from 1934, while the revised, sure of which can be related to Ditech Economic LLC, a wholly owned part regarding Walter Money Government Corp. (Walter Capital). Comments which aren’t historic truth is submit-lookin comments. Clear on such give-appearing comments is acquiesced by the use of words eg as the believes, anticipates, expects, aims, preparations, plans, rates, assumes, could possibly get, would be to, commonly, plans, and other comparable expressions. Such as for instance send-lookin comments involve recognized and you can unknown risks, concerns or any other points, and you will Walter Investment’s actual efficiency, performance or profits you are going to disagree materially regarding future results, overall performance otherwise achievement shown within these forward-lookin statements. These types of give-lookin statements depend on Walter Investment’s latest philosophy, intentions and standards. These comments are not pledges or a sign regarding upcoming performance. Extremely important presumptions or any other keys that’ll result in Walter Investment’s actual leads to differ materially away from those give-lookin statements is, but are not limited in order to, the individuals situations, threats and you may concerns discussed beneath the caption Chance Circumstances regarding the Walter Money Yearly Writeup on Mode ten-K towards 12 months finished plus in Walter Investment’s other filings towards the SEC.

At exactly the same time, that it pr release may consist of comments from Walter Investment’s advice or trust regarding markets requirements and you will similar matters. In a number of times, those people viewpoints and you may values would be dependent general findings by the people in Walter Investment’s administration, anecdotal research and/or Walter Investment’s knowledge of new carry out of their organization, versus certain research or analytical analyses. Thus, if you find yourself instance comments mirror Walter Investment’s look at the new opportunities and you may markets in which it is inside, they should not be considered showing proven views and you can including views may possibly not be shared by the most of the who will be in people markets or avenues.