Aspire Home Loans signs contract for Black Knight’s innovative Empower lending system and suite of underwriting solutions, including Surefire CRM
JACKSONVILLE, Florida., January 11, 2022 / PRNewswire / – Today, Black Knight, Inc. (NYSE: BKI) announced that Aspire Home Loans LLC, a Nashville-based independent mortgage lender, has a contract to implement the Black Knight Empower GO and integrated Origination performance solutions, including the Surefire Customer Relationship Management (CRM) and Marketing automation Systems. These advanced skills will support first-time mortgages for the Aspire Home Loans personal loan channel and will help enhance the borrower’s experience, support their employees and drive business growth.
“We were impressed with the lightning-fast process automation of Black Knight’s Empower system, which will greatly aid our lending team and improve our borrower experience,” said the President and CEO of Aspire Home Loans Brian Hill. “When we learned that the Optimal Blue pricing engine was being added to Black Knight’s suite of origination solutions, it made sense for us to take advantage of an integrated suite of features that will help us get more credit, cut costs, that Increase operational efficiency and speed up turning times. “
The “lights-out processing” of the Empower system automates many of the tasks associated with lending with minimal human intervention. The Empower system actively monitors key data changes – or the lack of changes – throughout the credit process and triggers automated or manual tasks that are performed based on logic configurable by the lender. This advanced automation helps to further reduce credit risk and increase data integrity.
Aspire Home Loans will leverage the full power of Black Knight’s digital ecosystem by implementing Black Knight’s suite of integrated origination technology, data and analytics solutions for higher performance. These include artificial intelligence and machine learning to classify and index documents; a point of sale solution that improves the mortgage application process for borrowers and loan officers; a comprehensive fee service to mitigate fee cures; robust property tax data; Connectivity to the nation’s largest online network of lenders and service providers; a digital closing solution with eDelivery and eSigning functions; automated state and federal compliance validation tests; Floodplain identification and reporting; Web APIs for automated real-time data transactions; and an actionable intelligence solution that provides instant access to information from multiple data sources to help predict and monitor pipeline, productivity, cycle time and pull-through.
The bank will also implement Surefire’s mortgage customer relationship management (CRM) and marketing automation capabilities to further improve its customer relationships. Its intuitive, automated workflows and award-winning personalized content inspire emotional connections with customers, help Aspire Home Loans increase sales, and improve retention and retention.
Aspire Home Loans will continue to use the industry-leading Optimal Blue product, Black Knight’s Pricing and Eligibility Engine (PPE), which helps lenders quickly provide borrowers with the right product at the best price for a variety of mortgage financing scenarios. The Optimal Blue PPE offers comprehensive functionality, improves workflow efficiency, and enables mortgage lenders to remain competitive and more securely implement more profitable loan strategies.
“Empower is the right size and configurability for lenders of all sizes, including independent mortgage lenders like Aspire Home Loans,” said Rich Gagliano, President, Black Knight Origination Technologies. “Using the Empower system and its full suite of integrated solutions, Aspire Home Loans will be in a great position to grow rapidly, focus its loan officers more on customers and higher-level tasks, and offer borrowers the competitive pricing and digital capabilities . ” they expected it. “
About Aspire Home Loans
Headquarters in Nashville, Tenn., Aspire Home Loans is a privately held independent mortgage lending company committed to improving mortgage lending efficiency by implementing innovative strategies. Our innovative strategies allow us to manage and maintain larger production volumes at lower cost to fund prices for the benefit of the consumer while maintaining exceptional service. Aspire looks forward to becoming one of the leading mortgage lenders in the country in the years to come.
About Black Knight
Black Knight, Inc. (NYSE: BKI) is an award-winning software, data, and analytics company innovating in the mortgage loan, services and real estate industries, as well as the 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 superior customer care to help them meet their strategic goals and better serve their customers. For more information on Black Knight, see www.blackknightinc.com.
SOURCE Black Knight, Inc.