JACKSONVILLE, Fla. - Oct. 7, 2021 - Black Knight, Inc. (NYSE:BKI), a leading provider of integrated software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets verticals, announced that Ben Graboske, the president of Black Knight's Data & Analytics division, was named by HousingWire as a 2021 Vanguard Award recipient.
HousingWire's Vanguard Award recipients are leaders of businesses contributing to the growth of the housing economy and its lending, servicing, investments, and real estate sectors. These leaders have led their companies to new heights; launched bold new initiatives, products or services designed to improve U.S. housing finance or real estate; and had an unmistakable effect on the industry at-large. HousingWire, one of the nation's most influential sources of news and information on housing and mortgage lending, chose 50 professionals out of hundreds of applicants for this prestigious recognition.
In his role, Graboske is leading Black Knight to provide bold, new solutions that are positively impacting these industries with comprehensive data and innovative tools to find new leads, learn powerful insights, reduce portfolio risk and prepare for the financial impact of a world-changing pandemic. Under Ben's talented management, his division is growing, and his leadership style fosters a culture of collaboration, inclusion, and innovation.
Ben was recognized for being a dynamic, creative leader, who has led his division to launch a large suite of new and leading-edge products and enhancements for Black Knight. A few key examples include:
The Rapid Analytics Platform (RAP) 2.0, a game-changing, cloud-based data marketplace and decision-science studio. Within this single, sophisticated platform, users can immediately source data, execute queries, create advanced analytics and train machine-learning models for organizations to help drive business growth, effectively manage risk, and respond quickly to the dynamics of an evolving market.
The AFT Prepayment and Credit Model, a comprehensive competing risk model that calculates prepayment, default and loss probabilities for a holistic view of mortgage performance. The borrower behavioral model within this model was expanded to include coverage of Home Equity Conversion Mortgage (HECM) and Home Equity Line of Credit (HELOC) asset types to give investors, lenders and servicers the proper tools for supporting accurate value decisions and risk management for all asset types.
The enhanced AFT Multifamily Model, designed to provide deeper visibility into loan behavior to assist fixed-income capital market analysts, investors, and insurers in measuring the prepayment and credit risk of multifamily mortgage assets and forecasts mortgage behavior at the loan- or pool-level for apartment buildings, senior housing, low-income housing and other multifamily properties.
Market Analytics, including the Black Knight Home Price Index, Performance Index Home Listing Indexes, forecasts and market reports.
To give the industry better insight into the severity of COVID-19's economic ramifications on the U.S. housing market, Ben led the Black Knight Data & Analytics team to begin compiling daily, loan-level information on the number of U.S. mortgage holders seeking pandemic-related forbearances. This complimentary information, leveraging Black Knight's extensive data, research and analytics capabilities, was presented in the new McDash Flash Forbearance Tracker Report, which was made available daily to the mortgage industry, government agencies and the GSEs to provide a clear understanding of the magnitude of the mortgage forbearance situation. Lenders and servicers were able to benchmark their company's activities against the industry and use this information to help make informed decisions regarding next steps. To complement this data, Ben's team also developed McDash Flash Solutions, which are built leveraging daily loan-level dynamic mortgage servicing data to be used for tracking forbearance, originations, late or delayed payments, delinquency, foreclosure, loss mitigation workouts, as well as voluntary and involuntary runoff.
"Now more than ever, the ability to analyze and leverage big data is essential to the success of the mortgage and real estate industries. Ben is helping us drive greater innovation for clients to gain deeper insights for more effective decision-making, better performance and reduced risk," said Black Knight President Joe Nackashi. "His leadership style fosters a culture of collaboration, inclusion, and innovation and has helped create an open, stimulating work environment where innovation thrives."
"I'm grateful to HousingWire for this industry recognition, and want to recognize the many contributions of my incredible team at Black Knight for helping to make this possible," said Graboske. "Black Knight is making a powerful impact on the mortgage and housing industry with its leading data and analytics capabilities, and we are continuing to innovate to support our clients with the information and insights they need for driving the best business decisions."
About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.
Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com.