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Black Knight offers new servicer solutions to curb foreclosure, late-stage default

Black Knight recently added the Collections solutions to its suite of solutions as a way for servicers to keep customers in their homes during periods of financial hardship.

The Collections solutions are geared toward helping to prevent foreclosure and late-stage default by making qualified assistance options timelier and more accessible to both homeowners and servicers, Black Knight said on Thursday.

“By streamlining the process of engaging homeowners who may be facing financial hardship, [the solution] ultimately helps more of them stay in their homes,” the firm said in a release. 

The solution will integrate with its mortgage servicing system and Servicing Digital, which details ⇒

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