A Servicing Technology Leader
Black Knight was built on the success of our loan servicing system, LoanSphere® MSP®, the first generation of which was developed in the 1960s. Today, MSP is used to service more than 30 million active loans and offers a comprehensive, customer-centric single solution to support traditional mortgages, as well as home equity loans and lines of credit.
More mortgages are serviced on MSP than any other system. As a result, it has become THE standard for the mortgage servicing industry. MSP was recognized as a "Best in Class" solution by CEB TowerGroup analysts' "Loan Servicing Systems Technology Analysis" report published in February 2015.
MSP handles everything from loan boarding, payment processing, escrow administration to letter writing. It processes special loan types, home equity loans, loss mitigation and default. From customer service, to investor services and loan pay off, the system provides all the functionality needed in a single technology platform.
Cut Costs, Reallocate Resources
MSP has been designed to allow our clients to reduce the cost of their back-office servicing operations while empowering staff to perform higher-priority customer service and revenue-generation activities. MSP offers a host of other benefits as well:
Scalability. Meets needs for any size portfolio.
Flexibility. Works with complementary products to add value.
Customer Support and Service. Comes with Black Knight's award-winning support services.
Third-party Integration. Gives service providers the ability to integrate their solutions into MSP.
Robust Analytical Engine. Access to data to streamline reporting and better analyze performance indicators.