Black Knight Financial Services Announces Execution of Long-Term MSP Loan Servicing Agreement With Green Tree Servicing
JACKSONVILLE, Fla., Oct. 27, 2014 /PRNewswire/ -- Black Knight Financial Services announced that Green Tree Servicing has signed a Loan Servicing Agreement for MSP, Black Knight's industry-leading mortgage and consumer loan servicing platform. MSP is a complete, end-to-end system used by financial institutions to manage all servicing processes, including loan boarding, escrow administration, investor reporting and more, offering servicers the ability to meet all mortgage and consumer loan servicing needs for any size portfolio.
Based in St. Paul, Minn., Green Tree Servicing will use MSP to support its servicing and sub-servicing portfolios. Additionally, Green Tree Servicing will utilize the following Black Knight solutions to complement MSP:
- Process Management, a workflow application used to support foreclosure and bankruptcy processes.
- Invoice Management, which offers a Web-based solution that streamlines billing and invoicing processes.
"I am pleased that Green Tree Servicing, one of the largest nonbank specialty servicers in the country, has selected MSP to support its expanding servicing operations," said Joe Nackashi, CIO and president of Black Knight's Servicing Technologies division. "The proven scalability and reliability of the MSP servicing system, combined with our innovative servicing and default solutions, will help Green Tree Servicing to continue its unmatched record of servicing and compliance excellence."
About Black Knight Financial Services, LLC
Black Knight Financial Services, a Fidelity National Financial (NYSE:FNF) company, is the mortgage and finance industries' leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.
Black Knight Financial Services is committed to being the premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight Financial Services, please visit www.bkfs.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/black-knight-financial-services-announces-execution-of-long-term-msp-loan-servicing-agreement-with-green-tree-servicing-537118571.html
SOURCE Black Knight Financial Services
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