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Ditech Transforms step 1.4 Billion Consumers in order to Black Knights LoanSphere MSP Upkeep Program

Wednesday, August 21st, 2024

Ditech Transforms step 1.4 Billion Consumers in order to Black Knights LoanSphere MSP Upkeep Program

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. (more…)


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