SAN FRANCISCO, Oct. 23, 2017 /PRNewswire/ -- Blend, a Silicon Valley technology company propelling consumer lending into the digital age, today announced an integration with the LoanSphere Empower loan origination system offered by Black Knight, Inc. Lenders using Empower will be able to easily deploy the Blend platform, creating a completely digitized mortgage experience that is intuitive for the borrower and allows them to complete a loan application and get approved much more quickly.
In turn, lenders receive a more complete loan file that seamlessly flows into Empower, streamlining workflows and improving time-to-close metrics. Blend's direct-from-source data and comprehensive audit logs help reduce errors in the mortgage process, improve data integrity, and support lender compliance.
"We strive to make the mortgage process quicker and easier for both lenders and borrowers," said Rich Gagliano, president of Black Knight's Origination Technologies division. "Blend and Black Knight share a similar vision for the future of mortgages, and the simplified implementation process as part of this integration will be a game-changer for our joint customers."
Lenders will be able to take advantage of both systems with an out-of-the-box Blend deployment for Empower users.
"At Blend, our mission is to power a frictionless, compliant, and more accessible consumer lending ecosystem," said Nima Ghamsari, CEO and co-founder of Blend. "Our work with Black Knight is helping us move the mortgage industry forward, with a lights-out integration approach that accelerates time-to-market, regardless of the size of the lender."
About Black Knight
Black Knight is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle.
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.
About Blend
Blend is a Silicon Valley technology company propelling the $40+ trillion consumer lending industry into the digital age. Blend's technology delivers speed and efficiency to lenders, so they can serve the modern borrower and safely navigate the industry's changing rules and regulations.
Founded in May 2012, Blend is backed by Greylock Partners, Emergence Capital, Founders Fund, Andreessen Horowitz, 8VC, Lightspeed Venture Partners, and other leading venture investors. To learn more, visit blend.com.
For more information:
Sarah Frueh
Blend
636.212.0229
[email protected]
SOURCE Blend
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