JACKSONVILLE, Fla., June 24, 2021 / PRNewswire / – Black Knight, Inc. (NYSE: BKI) today announced the integration of its MSR platform with brokerage adoption rates from PHOENIX, a leading MSR and overall credit trading consultancy. Mortgage services and analysis. Black Knight will leverage the company’s fair value MSR assessments to provide an integration that will provide mortgage lenders, service providers and MSR owners with detailed real-time information on the value and performance of their servicing rights. This information gives users greater visibility into the value of servicing rights, which are often the largest and most volatile asset on balance sheets. As a renowned, high-volume MSR consultant and valuation partner, PHOENIX delivers MSR valuation models through its consistent trading activities and active market participation. The company’s deep understanding of the market will provide Black Knight customers with real-time market informed MSR assessment assumptions for use in a variety of solutions and services. “The integration of Black Knight into the PHOENIX assumptions supports our ongoing commitment to provide the mortgage industry with robust and timely pricing,” said Rob Kessel, Managing Director of Black Knight Secondary Marketing Technologies. “PHOENIX’s new origination and proven MSR broker assumptions will add granular market value insights to Black Knight’s MSR platform that will benefit lenders and service providers of all sizes and levels of experience.” PHOENIX’s Broker Acceptance Sets are now available within the Black Knight MSR platform, which provides detailed insights into the value and performance of service assets and market economy. The MSR platform is integrated with the Black Knight MSP loan service system, provides daily MSR portfolio updates and is available in tiered solutions that allow lenders and service providers to customize their level of service based on business needs and experience. This integration comes at an important point in time as mortgage banks, service providers and investors have to cope with the consequences of historically high issuing volumes, profitability and retention of service rights. As a result, companies in today’s marketplace are increasingly driven by MSR values and related business strategies, making a consistent cadence of assessment data critical to making strategic retention / release decisions and maintaining transparency between reporting periods. “This integration between Black Knight’s leading technology and PHOENIX real-time MSR broker data offers the mortgage industry exceptional value,” said Brett Schaffer, CEO and founder of PHOENIX. “Black Knight customers now have access to valuable decision-making tools that will enable them to better manage their mortgage and services businesses.” About PHOENIX PHOENIX is the leading consulting firm for MSR and the entire credit trade, mortgage services and analysis. In over 25 years as an industry leader, PHOENIX has successfully managed MSR and total credit transactions worth billions of dollars. We provide MSR and total credit ratings and analysis used by hundreds of mortgage market participants for business strategy, sales advisory, capitalization and financial reporting purposes. Customers include the majority of the top 100 mortgage lenders and mortgage service providers, as well as the largest and most discerning MSR and total credit investors. Our various lines of business provide high-touch trading advice, quantitative analysis, advice, mortgage service performance management, quality control in issuance and settlement, underwriting assistance, third party due diligence, and a range of other mortgage operations outsourcing solutions. You can find more information about PHOENIX at www.phoenixtma.com. About Black Knight Black Knight, Inc. (NYSE: BKI) is an award-winning software, data, and analytics company innovating in the mortgage lending, services, real estate, capital and secondary markets. Companies use our robust, integrated solutions across the entire life cycle of home ownership to retain existing customers, attract new customers, reduce risks and work more effectively. Our customers rely on our proven, comprehensive, scalable products and our unwavering commitment to world-class customer care to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com. SOURCE Black Knight, Inc. Related Links www.blackknightinc.com
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