Jacksonville, Florida.And January 11 2022 /PRNewswire/ — Black Knight (NYSE: BKI) today announced that Aspire Home Loans LLC, NashvilleIndependent mortgage banker, signed a contract to implement Black Knight Empower LOS and integrated creation performance solutions, including Surefire Customer Relationship Management (CRM) and marketing automation systems. These advanced capabilities will support Aspire Home Loans’ retail lending channel’s first mortgages, help enhance the borrower experience, support its employees, and help drive business growth.
“We are impressed with the automation of lighting processes provided by Black Knight’s Empower system which will provide significant support to our lending team and improve our borrower experience,” said the president and CEO of Aspire Home Loans. Brian Hill. “When we learned that the Optimal Blue pricing engine was added to the Black Knight build solutions suite, it made sense for us to leverage an integrated set of capabilities that will help us get more loans, lower costs, increase operational efficiencies, and speed up turn-around times.”
Empower’s “Lighting Processing” automates many tasks associated with loan creation with minimal human intervention. Empower actively monitors major data changes – or no changes – throughout the loan process and triggers automated or manual tasks to be completed based on configurable logic on the lender side. This advanced automation helps reduce lender risk further and increase data integrity.
Aspire Home Loans will harness the full power of the Black Knight digital ecosystem by implementing Black Knight’s suite of integrated construction technology, data and analytics solutions to deliver higher performance. They include artificial intelligence and machine learning to classify and index documents; POS solution that enhances the mortgage application process for borrowers and loan officers; Comprehensive fee service to help ease fee treatments; strong tax statements on the property; Connect to the largest online network of lenders and service providers in the country; A digital closing solution with electronic delivery and electronic signature capabilities; Automated Federal and State Compliance Verification Test; Flood area identification and reporting services; Web APIs for automated real-time data transactions; An actionable intelligence solution that provides instant access to information from multiple data sources to help forecast and monitor pipeline, throughput, cycle time and clouds.
The bank will also apply Surefire’s mortgage CRM and marketing automation capabilities to further enhance customer interaction. Automated and automated workflows and award-winning personalized content inspire emotional relationships with customers, Aspire Home Loans will help increase sales, improve payback and retention.
Aspire Loans for Home will also continue to use Optimal Blue’s industry-leading product, Pricing and Eligibility Engine (PPE), which helps the lender quickly provide borrowers with the right product at the best rate for a variety of mortgage financing scenarios. Optimal Blue PPE provides comprehensive functionality, enhances workflow efficiencies and enables mortgage lenders to stay competitive and implement profitable lending strategies with greater confidence.
“Empower is the right size and configurability for lenders of all sizes, including independent mortgage bankers like Aspire Loans for Home,” he said. Rich Gagliano, president of Black Knight Origination Technologies. “With Empower and its suite of integrated solutions, Aspire Loans for Home will be in a fantastic position to grow rapidly, allowing loan officers to focus more on customers and higher-level tasks, and providing borrowers with the competitive rates and digital capabilities they have come to expect.”
About Aspire Home Loans
Headquartered in Nashville, Tenn.Aspire Home Loans is a privately owned independent mortgage banking company that aspires to improve efficiencies in the real estate lending space through the implementation of innovative strategies. Our innovative strategies enable us to manage and service larger production volumes at lower cost to fund rates that benefit the consumer while maintaining exceptional service. Aspire looks to become one of the best mortgage lenders in the country in the coming years.
About the black knight
Black Knight (NYSE: BKI) is an award-winning software, data and analytics company that leads innovation in mortgage lending, services and real estate, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire home ownership lifecycle to help retain existing customers and acquire new ones, mitigate risk, and operate more efficiently.
Our customers depend on our proven, comprehensive and scalable products and our firm commitment to providing superior customer support to achieve their strategic goals and better serve their customers. For more information about the Black Knight, please visit www.blackknightinc.com.
SOURCE Black Knight, Inc.