Black Knight Completes Successful, On-Time Year-End Processing for More Than 46 Million Loans Held by 67 Clients
Black Knight, Inc. (BKI)
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Source: GlobeNewswire
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. All month-end, quarter-end and year-end processing -- a record of more than 46 million loans for 67 servicing clients -- was completed by noon on Jan. 1, 2018. This year-end processing was completed for all active and inactive loans serviced using LoanSphere MSP, Black Knight’s comprehensive, industry-leading loan servicing system, and processed in Black Knight’s data center. 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,
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