Black Knight Completes Successful, On-Time Year-End Processing for More Than 46 Million Loans Held by 67 Clients
Summary
JACKSONVILLE, Fla., Jan. 22, 2018 (GLOBE NEWSWIRE) -- Black Knight, Inc. (NYSE: BKI ), a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced today the successful completion of year-end loan processing for its mortgage and consumer loan servicing clients on schedule.Year-end loan processing is a critical annual project for Black Knight’s servicing clients, which are required to annually report prior-year account information to borrowers to meet regulations for the Internal Revenue Service, the Government of Puerto Rico Department of the Treasury, other government agencies, and to meet internal reporting requirements.Black Knight employees from various departments across the company must complete hundreds of tasks to help servicers compile loan information; generate exception and balancing reports; and create annual statements for mortgagors.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.