Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

BLACK KNIGHT, INC.

(BKI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Black Knight's Optimal Blue PPE Enhanced to Support Pricing for Construction-Only and Construction-to-Permanent Loans

11/18/2021 | 09:01am EST

JACKSONVILLE, Fla., Nov. 18, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that its industry-leading Optimal Blue product, pricing and eligibility engine (Optimal Blue PPE) has been enhanced to add support for construction-only and construction-to-permanent loans. The Optimal Blue PPE's broad-reaching functionality helps lenders access hundreds of investors and thousands of products for any mortgage financing scenario. Through this new capability, lenders can now also process construction loans directly within the solution, contributing to deeper efficiency and automation, as well as more seamless flow of data. 

"This latest enhancement to the Optimal Blue PPE is yet another example of Black Knight's commitment to continuous innovation that meets the needs of the market," said Scott Happ, president, Black Knight Secondary Marketing Technologies. "Previously, lenders were manually pricing construction products outside of the pricing engine using various sources. This upgrade enables end-to-end processing of these loans more quickly and efficiently without leaving the platform."

This advancement builds on Black Knight's efforts to lead the industry in pricing innovation by delivering deeper capabilities and greater accuracy to clients through its comprehensive Optimal Blue PPE. By extending both efficiency and seamless access to the most current pricing for construction-only and construction-to-permanent loans, Black Knight clients receive even greater value from Optimal Blue PPE. 

"More efficient handling of construction products benefits both lenders and their customers," said Happ. "With the ability to more easily price these loans, consumers have faster, more accurate access to the information they need."

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.

For more information: 




Michelle Kersch                                               

Mitch Cohen

Black Knight, Inc.                             

Black Knight, Inc.

904.854.5043                                     

704.890.8158

michelle.kersch@bkfs.com        

mitch.cohen@bkfs.com

Cision
View original content to download multimedia:https://www.prnewswire.com/news-releases/black-knights-optimal-blue-ppe-enhanced-to-support-pricing-for-construction-only-and-construction-to-permanent-loans-301427481.html

SOURCE Black Knight, Inc.


ę PRNewswire 2021
All news about BLACK KNIGHT, INC.
01/19Black Knight Won't Get Thrown by Slowdown in Mortgage Originations, Oppenheimer Says
MT
01/19Oppenheimer Adjusts Black Knight's Price Target to $93 From $94, Maintains Outperform R..
MT
01/14BLACK KNIGHT : Forbearance Plan Exits Strong Through Second Week of January
PU
01/13BLACK KNIGHT : The Real Estate Market in 2022 – Home Prices and Indexes Versus Granu..
PU
01/11Aspire Home Loans Signs Contract for Black Knight's Innovative Empower Loan Origination..
PR
01/10BLACK KNIGHT : December 2021 Originations Market Monitor
PU
01/10BLACK KNIGHT ORIGINATIONS MARKET MON : Rate Lock Activity Falls for Fourth Consecutive Mon..
PR
01/07FRESH START : Forbearance Plan Exits Surge in First Week of 2022
PU
01/06BLACK KNIGHT : How Will the Latest FHFA Pricing Changes Impact You and Your Borrowers?
PU
01/06Sound Credit Union Selects Empower, Black Knight's Configurable Loan Origination System..
PR
More news
Analyst Recommendations on BLACK KNIGHT, INC.
More recommendations