Ditech Turns 1.4 Mil People to Black Knights LoanSphere MSP Repair System

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Ditech Turns 1.4 Mil People to Black Knights LoanSphere MSP Repair System

JACKSONVILLE, Fla. Ditech Financial LLC (Ditech) and you can Black colored Knight Monetary Features, Inc . (NYSE:BKFS), a prominent supplier regarding integrated technical, study and you may analytics towards the financial and you can home markets, established now you to definitely Ditech, enjoys converted around step one.cuatro million consumers from its maintenance and sub-repair profiles to LoanSphere MSP, Black colored Knight’s globe-top loan upkeep program.

MSP also offers just one, complete program to help with mortgages and domestic guarantee products that helps customers perform all the upkeep process, and loan boarding, payment handling, escrow management, default government and a lot more.

I selected MSP for its ability to promote Ditech having a strong, industry-basic repair provider for the size to support all of our servicing and you can sub-repair organization. We welcome this particular technology have a tendency to next enhance our power to send a superb consumer sense and all of our compliance capabilities, an important thought inside our industry’s previously-modifying regulating environment, told you David Schneider, chairman regarding Ditech. We think the new conversion process succeeded, mostly as a result of the tireless work out-of Ditech’s experienced and you may gifted employees coupled with Black Knight’s experienced implementation and you may help communities, just who provided good technical, software and you may working direction throughout the procedure.

As previously established, Ditech plus implemented LoanSphere Bankruptcy proceeding and you can Foreclosure, a business workflow application to help with new bankruptcy and foreclosures process; and you can LoanSphere Invoicing, an internet-situated solution you to definitely streamlines asking and you can charging. Each other solutions integrate with MSP.

Black Knight have a robust track record of profitable conversions, so we was in fact pleased to partner with Ditech to support that it implementation, said Joe Nackashi, chairman regarding Black Knight’s Repair Development office. I look forward to continuous our union which have Ditech by the supporting its operational requirements and you will future achievements.

In the Ditech

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Ditech Economic LLC (Ditech) tends to make economically sound homeownership easy for countless customers. Ditech are a properly-understood lender and you can servicer off home-based mortgage loans. With over cuatro,five-hundred teams in metropolitan areas along side U.S., the organization provides domestic mortgage items thanks to several home mortgage gurus who’re accessible because of the cell phone (1-800-700-9212) an internet-based. Additionally, Ditech’s Correspondent Credit Section partners that have 600+ financial institutions nationwide. Ditech is belonging to Walter Funding Management Corp. (NYSE: WAC), a prominent diversified home loan financial agency. To learn more, kindly visit ditech .

In the LoanSphere

LoanSphere is Black Knight’s premier, end-to-stop system off incorporated tech, research and you may analytics supporting the whole home loan and you will household equity loan lifecycle regarding origination in order to servicing in order to standard. The working platform delivers providers process automation, workflow, laws and regulations and you can provided studies regarding financing process, delivering a better consumer experience, discount and you may service getting changing regulating standards. Because of the integrating credit services and you may analysis, Black Knight’s LoanSphere facilitate lenders and servicers eradicate chance, increase performance and push economic performance.

In the Black Knight Monetary Attributes, Inc.

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Black colored Knight Economic Features, Inc. (NYSE: BKFS), an effective Fidelity Federal Financial (NYSE:FNF) team, is a prominent supplier off integrated technical, study and statistics alternatives one to facilitate and you can automate many team process along the financial lifecycle.

Black colored Knight Monetary Features are purchased getting a premier team partner one to lenders and servicers have confidence in to get to the proper goals, see better victory and better suffice their customers of the delivering most useful-in-group technology, features and understanding that have a persistent commitment to perfection, creativity, ethics and you can management. For more information on Black Knight Monetary Services, please visit bkfs

Disclaimer and you will Preventive Mention Of Submit-Appearing Statements This pr release include forward-searching statements into the meaning of Area 27A of your Ties Operate of 1933, while the revised and you can Area 21E of one’s Securities Change Act regarding 1934, because the amended, sure of which happen to be related check loans Jacksonville to Ditech Monetary LLC, an entirely possessed part away from Walter Capital Management Corp. (Walter Resource). Comments which are not historic facts was submit-lookin comments. Certain of these types of give-searching statements shall be recognized by the usage of terminology such as for example while the thinks, needs, wants, intends, preparations, strategies, quotes, assumes on, could possibly get, is always to, usually, objectives, or other equivalent terms. Such as give-appearing statements include understood and you can not familiar risks, concerns and other important factors, and Walter Investment’s real overall performance, results or achievement you may disagree materially of upcoming abilities, performance or triumph indicated during these give-looking statements. Such submit-appearing statements depend on Walter Investment’s newest thinking, intentions and you will criterion. These statements are not pledges or an indication off upcoming abilities. Crucial presumptions and other points that may produce Walter Investment’s genuine leads to differ materially out of the individuals pass-appearing comments were, but they are not limited to, men and women situations, threats and you may uncertainties demonstrated in caption Risk Issues regarding Walter Financing Annual Writeup on Setting ten-K with the season finished as well as in Walter Investment’s other filings with the SEC.

On the other hand, this press release could possibly get contain comments away from Walter Investment’s thoughts or trust regarding the markets conditions and you may similar things. In a number of instances, those people opinions and philosophy might possibly be centered general findings of the people in Walter Investment’s government, anecdotal research and you may/or Walter Investment’s expertise in new perform of the providers, rather than specific data or statistical analyses. For this reason, if you’re such as for instance comments echo Walter Investment’s look at the fresh new industries and places where its involved, they want to not regarded as reflecting proven opinions and you may eg viewpoints may possibly not be mutual by the all the that employed in people areas otherwise areas.

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