Black Knight Inc. (BKI) Acquires Cloud-Based Mortgage Broker LOS From NexSpring Financial
Summary
Today, Black Knight, Inc. (NYSE: BKI) announced that it has acquired a cloud-based loan origination system (LOS) from NexSpring Financial, LLC to broaden Black Knights ability to serve mortgage brokers. The new digital lending platform will be a key part of the companys powerful, integrated, end-to-end ecosystem. The power and value of the new platform will be further enhanced by integrations with Black Knights comprehensive suite of origination performance solutions, including a single point to order services and obtain fees, compliance validation testing, actionable data and analytics, and Black Knights significantly enhanced, broker-focused Optimal Blue Loansifter product, pricing and eligibility engine (PPE). A seamless on-boarding process provides credentials in just minutes, so users can quickly start increasing their productivity with the platforms dynamic toolset. Users can also leverage proprietary content management system-enabled marketing tools, which can be accessed via a drag-and-drop lead form generator with embedded analytics.