1. Black Knight, a leading provider of software, data and analytics solutions to the mortgage industry, recently announced plans to integrate Wolters Kluwer’s eNote and eVault capabilities. By doing so, Black Knight aims to develop an integrated, compliant mortgage platform that can provide lenders with fully compliant end-to-end digital mortgage capabilities, including eClosings, digital storage and digital note delivery.
2. This announcement follows Black Knight’s acquisition of Optimal Blue’s digital lending platform in February. The integration of Optimal Blue with Black Knight’s various loan origination systems initiatives has allowed the company to not only originate mortgage loans more efficiently, but also gain the ability to provide lenders and consumers with a full suite of digital mortgage services.
3. Wolters Kluwer’s eNote and eVault capabilities are expected to be integrated with Black Knight’s mortgage platform by the middle of this year. The eNote capabilities will allow electronic delivery of the note from lenders to investors, while the eVault capabilities will facilitate the secure storage of eNotes. Furthermore, the integration will enable lenders to facilitate eClosings and establish an end-to-end digital mortgage workflow.
4. Once the integration between Black Knight and Wolters Kluwer is complete, lenders will be able to offer a more efficient and compliant mortgage process. This will lead to time and cost savings while providing consumers with flexibility to sign mortgage documents digitally. Additionally, the digital storage provided by eVault will ensure a secure and safe source of keeping essential mortgage paperwork.
You can read this full article at: https://www.housingwire.com/articles/black-knight-to-integrate-wolters-kluwers-enote-and-evault-capabilities/(subscription required)
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