JSMedia – Compliance solutions company Wolters Kluwer has announced a partnership with Black Knight Inc. to bundle its Expere document generation engine with the Empower loan origination system. The new integration will help lenders to streamline their processes while reducing costs and time required for separate contracts. Both companies also aim to simplify the contracting process, allowing for more efficient workflows and reduced costs. As the number of mortgage transactions increases, lenders need effective systems to streamline the loan origination process.
Wolters Kluwer’s Compliance Solutions business is further strengthening its strategic alliance with Black Knight by incorporating its Expere document generation engine into Empower’s loan origination platform. The integration allows Black Knight clients to utilize a single source for loan origination documents, which reduces costs and implementation timeline. Further, Wolters Kluwer and its partner firms are focusing on simplifying the mortgage lending process through a new platform for their clients and streamlined processes.
The Black Knight Empower implementation model offers mortgage lenders bundles of services and reduced costs. The solution simplifies the loan origination process and provides industry-leading compliance documents. By combining Wolters Kluwer and Black Knight’s products, mortgage lenders can streamline the loan origination process and increase efficiency. They can also save time by leveraging Black-Knight’s PPE, which is fully supported by its Optimal Blue software.
Wolters Kluwer and Black Knight Offer Mortgage Lenders Streamlined Processes and Reduced Costs
The Wolters Kluwer and Black Knight Empower implementation model offers a low-cost, bundled implementation model with a dedicated support team. Both companies are also working on a new platform that helps mortgage lenders manage the risk associated with COVID-19. The solution is designed to make it easier for lenders to manage compliance requirements for small businesses during the COVID-19 crisis. A report by the two companies has been published on the Wolters Kluwer and Black Knight Empowered’s implementation models.
The integration will be available for both Wolters Kluwer and Black Knight’s ASP solutions. These solutions will allow mortgage lenders to stay compliant while improving loan quality and minimizing turnaround time. The integration will also enable seamless data transfer and customization to the origination workflows. This will help mortgage lenders ensure that they’re ready for the next generation of the COVID regulatory environment.
Wolters Kluwer and Black Knight provide information management solutions for banking and legal professionals. Their compliance solutions help organizations manage risk and improve their efficiency and produce better business outcomes. The two companies are also working to expand their services. With the merger and acquisition, the Wolters Kluwer and Black Knight are able to provide comprehensive compliance services for the financial industry. As an example, the two companies offer a wide range of cloud-based services.
As mortgage originations volumes continue to rise, Wolters Kluwer and Black Knight have announced a partnership to automate document preparation. In addition to providing comprehensive information management solutions, the two firms also offer compliance solutions that help companies ensure compliance. With these services, the companies help finance professionals meet their legal, regulatory and financial goals. This partnership is especially beneficial for those who are seeking to make sure their mortgage transactions are compliant.
In addition to providing mortgage lenders with essential information, the companies are also collaborating on an automated solution. We have partnered with Homepoint to automate manual tasks, improve productivity, and improve client experience,” said Mohammad Rashid, head of Tavant’s fintech practice. The solution will help the firms eliminate tedious manual work and improve their data quality, while reducing mortgage cycle times.
The new software combines the latest mortgage compliance technologies with Wolters Kluwer’s expert technology. In addition to automating the mortgage process, the software will also provide clients with the tools to monitor and track client compliance. The combined systems will help companies reduce their costs and improve the quality of client service. Moreover, the two firms have dedicated webpages for each of their products. They will also share their insights with other firms.