New version of Empower LOS moves Black Knight downstream

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Black Knight is the premier provider of integrated technology, data and analytics that lenders and servicers look to first to help successfully manage the entire loan lifecycle.

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To help mortgage lenders maximize operational efficiencies, Black Knight has added new robotics capabilities to its LoanSphere Empower loan origination system (LOS). The company claims these new robotics capabilities automate the processing of certain tasks in the mortgage process that have traditionally required human intervention – often referred to as "lights-out processing."

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Empower Can Help You: Process higher volumes of loans with a lender-configurable system Integrate with third-party service providers To enhance the loan origination process, the Empower LOS easily integrates with several other Black Knight solutions, including LoanSphere Closing Insight, LoanSphere Exchange, LoanSphere Motivity and iDeliver.

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Above Majestic Mortgage and Finance News: (ATLANTA, Ga.) FormFree(R) today announced the direct integration of its AccountChek(R) automated asset verification service with the LoanSphere(R) Empower(R) loan origination system (LOS) offered by Black Knight Financial Services, a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.

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Black Knight Financial Services Makes Valuable New Enhancements to the LoanSphere Empower Loan Origination System. Key enhancements delivered in version 7.0 of the Empower LOS include: Updates to support the expanded data collection requirements in the CFPB’s final rule for the home mortgage disclosure act (HMDA).

Black Knight is offering LoanSphere Empower Now!, a version of Empower, the company’s LOS that will enable regional and mid-market lenders, as well as independent mortgage bankers, to reap the benefits of the full Empower LOS with a greatly streamlined implementation process, resulting in reduced timelines and cost.