The Servicing Technology Leader
Black Knight was built on the success of our loan servicing platform, MSP®, the first generation of which was developed in the 1960s. Today, the MSP servicing platform is a comprehensive, end-to-end platform that services everything from traditional mortgages to HELOCs and non-traditional loans.
More mortgages are serviced on Black Knight's 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 in 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
The MSP servicing platform 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. Allows MSP to meet 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.