Black Knight introduces LoanCatcher, a cloud-based, all-in-one, loan origination system designed specifically for Mortgage Brokers
Today, Black Knight announced the launch of a new, easy-to-use loan origination system (LOS) designed specifically for mortgage brokers. LoanCatcher is a cloud-based loan that allows brokers access to the same technology leveraged by the most successful and most trusted lenders. Any internet-connected device can access the browser-based system, so that brokers can focus on their business and borrowers.
Black Knight is committed to serving that community and further enabling their growth, said Rich Gagliano, president of Black-Card Origination Technologies. LoanCatcher meets brokers when and where they are, giving them freedom to expand their business and better serve their customers."
The LoanCatcher LOS is built on the foundation of the NexSpring XML acquired in March by Black Knight, and features significant improvements, including integration with systems and solutions across Black's powerful origination ecosystem. LoanCatcher brokers can use Surefire, Black Knight's customer relationship management (CRM) and mortgage marketing. This direct integration will help brokers stay close to clients and prospects using the included valuable content about housing, mortgages and more to improve recapture and retention rates. LoanCatcher will also be closely integrated with Black Knight Loansifter PPE, a self-service platform that supports best-execution searches across 120 wholesale investors, making brokers more competitive and more confident in developing profitable lending strategies
After a broker's loans are originated, LoanCatcher allows the lender to download the file and deliver it to any wholesale lender they choose - if there are any systems in the system. LoanCatcher can transfer data and documents quickly and in a single step using an automated process. The firm is able to use the Black Knight Empower LOS to work with lenders using the Loan Catcher BlackChamber.
With LoanCatcher's easy-to-use, integrated, all-in-one system supported by Black Knight, instead of spending valuable time looking for different technologies or systems. Better yet, they serve as their own IT support. LoanCatcher's onboarding process is easy with setup in order to complete from any Internet-connected device. All data stored on the LOS is encrypted and backed up on a secure cloud.
"LoanCatcher gives the power of our best-in-class mortgage lending technology to anywhere brokers are working -- on the office's desktop or on-the-go, using a mobile device," added Gagliano "We have a comprehensive solutions road map, and we are continuing to invest in bringing innovative technology to brokers that will help them grow their business. Through integrations with the Black Knight origination ecosystem, entrepreneurs and investors gain access to thousands of products from hundreds of investors and sophisticated automated content marketing. All of these are aimed at improving margins, capturing more business and driving profitability."
About Black Knights
Black Knight, Inc. is an award-winning software, data and analytics company that drives innovation in the real estate and mortgage lending industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership lifecycle to keep existing customers, gain new customers and mitigate risk, and operate more effectively.
Our clients depend on our proven, comprehensive, scalable products and our unwavering commitment to providing superior customer support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com.
Black Knight Inc.
Black Knight, Inc.
SOURCE Black Knight, Inc.