JACKSONVILLE, Fla.,
Dec. 20, 2018 /PRNewswire/ -- Black
Knight, Inc. (NYSE:BKI) today announced that Quicken Loans, the
nation's largest home mortgage lender – and a client for nearly 25
years – has signed a contract extension to continue using
LoanSphere MSP, Black Knight's industry-leading servicing
system.
"As a company that has been ranked #1 for client satisfaction in
mortgage servicing an unprecedented five years in a row by J.D.
Power, it is clear we make our clients' servicing experience a
priority. In order to continue to meet the needs of our serviced
clients, it is imperative that we work with the best tech and
information companies out there – and we have that with Black
Knight," said Jay D. Farner, Chief
Executive Officer at Quicken Loans. "I'm looking forward to the
next five years with Black Knight as our partnership continues to
evolve while still setting the bar for client satisfaction in our
industry."
Black Knight's LoanSphere MSP system offers robust and scalable
end-to-end loan support to help mortgage servicers manage all
aspects of their operations – from payment processing to escrow
administration, client service, default management and more. The
system's proven technology can accommodate any size portfolio,
including that of Quicken Loans, the nation's largest mortgage
lender and the sixth largest servicer. It is also augmented by
Black Knight's award-winning customer support. LoanSphere MSP helps
servicers increase efficiency, reduce operating costs and improve
risk mitigation for the more than 34 million active loans serviced
on the system.
"Our ongoing partnership with Quicken Loans strengthens our
mutual commitment to transforming the mortgage experience for the
benefit of consumers and the industry as a whole," said
Anthony Jabbour, CEO of Black
Knight. "We are proud to call them clients and friends, and to have
the opportunity to support their continued growth and success."
About Quicken Loans
Detroit-based Quicken Loans Inc. is the
nation's largest home mortgage lender. The company closed nearly
half a trillion dollars of mortgage volume across all 50 states
from 2013 through 2018. Quicken Loans moved its headquarters to
downtown Detroit in 2010. Today,
Quicken Loans and its Family of Companies employ more than 17,000
full-time team members in Detroit's urban core. The company generates
loan production from web centers located in Detroit, Cleveland and Phoenix. Quicken Loans also operates a
centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit.
Quicken Loans ranked highest in the country for customer
satisfaction for primary mortgage origination by J.D. Power for the
past nine consecutive years, 2010 – 2018, and also ranked highest
in the country for customer satisfaction among all mortgage
servicers the past five consecutive years, 2014 – 2018.
Quicken Loans was once again named to FORTUNE magazine's "100
Best Companies to Work For" list in 2018 and has been included in
the magazine's top 1/3rd of companies named to the list for the
past 15 consecutive years. In addition, Essence Magazine named
Quicken Loans "#1 Place to Work in the Country for African
Americans."
For more information and company news visit
QuickenLoans.com/press-room.
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 lifecycle.
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
|
Black Knight,
Inc.
|
Black
Knight,Inc.
|
904.854.5043
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704.890.8158
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michelle.kersch@bkfs.com
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mitch.cohen@bkfs.com
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SOURCE Black Knight, Inc.