Black Knight Enables Digital Loan Data and Document Fulfillment with Lender Price, Expands Collaboration Via Agnostic APIs
- LoanSphere Expedite enables electronic signature and document fulfillment capabilities for Lender Price’s Point of Sale Digital Lending solution
- Black Knight’s open API expansion allows for simplified loan solutions for digital mortgage POS providers
- Expedite APIs enable consistency of loan-related data and documents throughout the loan process
- Black Knight’s centralized digital API marketplace fosters innovation in the industry
JACKSONVILLE, Fla., April 20, 2018 (GLOBE NEWSWIRE) — Black Knight, Inc. (NYSE:BKI), a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced that it has integrated its LoanSphere Expedite digital loan data and document fulfillment services with Lender Price’s Digital Lending platform. The integration will be completed using Black Knight’s agnostic application program interface (API) connection points and Lender Price’s open API architecture.
Lender Price’s Digital Lending platform, offered by Cre8tech Labs, will use Black Knight’s LoanSphere Expedite to provide data and document fulfillment to support consistency of borrower information within the mortgage lending experience.
“We are building upon our integration with Black Knight in order to broaden our capabilities to facilitate consumer activities related to loan fulfillment,” said Dawar Alimi, president, Cre8tech Labs. “By connecting to Expedite via Black Knight’s API ecosystem, Lender Price can now offer loan fulfillment services to support a simplified and managed digital point-of-sale solution. We are proud to align with a company that shares our commitment to innovation. Black Knight’s advanced eSignature and print fulfillment services help us provide a simpler, more accessible, and consistent loan process.”
Expedite is a suite of integrated electronic signature and documentation fulfillment services accessible via APIs, including a secure consumer portal for documentation execution and delivery, a closing network and pre- and post-close audit services that leverage the latest in automation advancements. In addition, Expedite offers enhanced workflow and decisioning capabilities to support data and document fulfillment throughout the origination process. Expedite supports the needs of all participants in a real estate transaction, from consumers and real estate professionals, to lenders, settlement agents and secondary market investors. All participants can securely collaborate online, and either leverage Black Knight solutions or the portals, source systems and document providers they currently use.
“Black Knight’s goal with our API marketplace is to advance the mortgage industry by breaking down barriers and fostering innovation,” said Tom Peterson, president, Black Knight’s Lending Solutions division. “This integration between Expedite and Lender Price’s Digital Lending platform furthers that goal, and will be a huge benefit – to lenders, consumers, and the industry as a whole.”
About Cre8tech Labs, Inc. dba Lender Price
Lender Price, founded by Dawar Alimi, Ly Kou Nhiayi, and Ly Kao Nhayi is a California-based technology innovator and developer of an industry leading digital lending technology platform, a product, pricing and eligibility engine and real-time pricing analytics all in support of omni-channel lending strategies, full mobile functionality and digital Point of Sale experience for both consumers and mortgage professionals. Additional information about Lender Price can be found at www.lenderprice.com or www.digitallending.com.
About Black Knight
Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership life cycle.
As a leading fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.blackknightinc.com.
|For more information:|
|Michelle Kersch||Mitch Cohen||Mike Brown|
|Black Knight, Inc.||Black Knight, Inc.||Cre8tech Labs, Inc.|
|[email protected]||[email protected]||[email protected]|