Feature-Rich Solution for the Loss Mitigation Process
Black Knight's LoanSphere Loss Mitigation application provides the tools to help servicers limit defaults – and keep borrowers in their homes. Our comprehensive, best-in-class solution combines powerful data and sharp analytics to help identify problem loans in portfolios and mitigate them before costs mount.
LoanSphere Loss Mitigation supports numerous workout programs, including repayment plans, forbearance plans, loan modifications, short sales, deeds-in-lieu and partial claims. A complete audit trail is also provided that helps demonstrate compliance with necessary regulatory requirements.