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DS News July 2019

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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45 » VISIT US ONLINE @ DSNEWS.COM SPECIAL ADVERTORIAL SPOTLIGHT BLACK KNIGHT CORPORATE DETAILS 601 Riverside Ave. Jacksonville, FL 32204 | Phone: 904.854.5100 | Website: blackknightinc.com | Email: askblackknight@bkfs.com CORPORATE PROFILE Black Knight is a premier provider of technology, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital markets verticals, known for product excellence. By delivering innovative, seamlessly integrated products with superior capabilities, functionality, and support, Black Knight helps its clients realize greater efficiencies and drive improved financial performance while better managing and mitigating risk. BUSINESS LINES, SERVICES, AND PRODUCTS Black Knight offers innovative technology across the loan life cycle. Built on the importance of integration, collaboration, and access to comprehensive data, Black Knight's solutions offer an intuitive user experience and cutting- edge capabilities. From application processing to underwriting, closing, post-closing, servicing, and the move to the secondary market, Black Knight provides a full spectrum of solutions to make the process more effective, cost-efficient, and collaborative between all those involved. KEY FEATURES AND BENEFITS The Servicing Digital SM solution from Black Knight is a powerful, white-labeled mobile solution for servicers to offer their customers that enables anytime, anywhere access to detailed information about their home, loan, and neighborhood. Using this intuitive app, customers can make mortgage payments directly from their phones or other digital devices and get fast, simple, seamless access to timely, relevant information to better understand their home value and how to grow and leverage their home equity. By leveraging Black Knight's vast repository of mortgage and public records data, coupled with leading analytics, Servicing Digital provides consumers with information about their home value and how to grow and leverage wealth from their property—all from one convenient resource. Offered as either a native app or a web- based version, Servicing Digital facilitates an intuitive user experience. From its main page, customers can access dashboards that provide important information on their loan, home, and neighborhood. » Loan Dashboard: Offers loan details such as balance, amount due, interest rate, maturity date, autopay enrollment, and more; make- a-payment capabilities with near real-time posting in Black Knight's MSP servicing system; loan activity, payment history, taxes and insurance information, and more. » Home Dashboard: Helps customers better understand the value of their home by leveraging Black Knight's leading AVMs; calculates various "what if" scenarios that show the customer potential savings for refinancing or recasting the loan, or making additional payments. » Neighborhood Dashboard: Uses Black Knight's comprehensive property records to provide valuable neighborhood information, such as recent sales, local school data, local demographics, and more. ADDED VALUE TO CLIENTS Recent research shows that fewer than one in five homeowners remain with their prior mortgage servicer after refinancing their first lien. Customer retention is key to success—and to survival. Servicing Digital supports customer retention initiatives by fostering interactivity; delivering an exceptional customer experience; and offering the convenience of digital capabilities to view pertinent information or make loan payments. With the ability to provide data that can help customers make decisions about lowering monthly payments while providing a direct connection to the financial institution for more information, Servicing Digital can help facilitate longer, more profitable customer relationships. KEYS TO SUCCESS Black Knight is committed to driving excellence by delivering innovation and integration. The company's premier, end-to-end platform— covering origination to servicing and default— provides business process automation, workflow, rules, and integrated data for a seamless process. Black Knight's solutions help lenders and servicers grow and retain customers, improve efficiency, and reduce operational risk. KEY PERSONNEL Anthony Jabbour CEO Joe Nackashi President STAFFING 4,960 employees BLACK KNIGHT'S COMPETITIVE ADVANTAGE » More than 34 million active loans across the U.S. are serviced on Black Knight's MSP ® servicing system, more than any other servicing system on the market. » More than 55 years of proven expertise/solutions in the mortgage industry. No other provider can match the advanced capabilities of Black Knight's integrated software, breadth of data, and powerful analytics across the loan life cycle. With Black Knight as a strategic partner, clients can transform their business and optimize results to perform stronger in today's highly competitive marketplace. DS NEWS INNOVATOR SPOTLIGHT

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