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Black Knight Buys Cloud-Based Mortgage Broker LOS from NexSpring

Black Knight has acquired a cloud-based loan origination system (LOS) from NexSpring Financial to broaden its ability to serve mortgage brokers, the company announced. The new digital lending platform will be a key part of the company’s ecosystem.

!--more-->The platform will be integrated into the Black Knight Empower LOS so brokers using the new digital lending platform and wholesalers using Empower will benefit from a more streamlined and connected experience.

“Black Knight is on a mission to share the advantages of our high-performance software, data and analytics with mortgage brokers, who represent the fastest-growing origination channel in the industry,” said Anthony Jabbour, CEO, Black Knight. “This broker-specific digital lending platform enables these entrepreneurs to benefit from many of the same powerful capabilities used by large lenders on a platform that meets their own unique needs and can easily scale as their business expands.”

The platform, which also features a mobile-friendly application, is designed for entrepreneurial originators looking for a better and more efficient way to originate loans. The on-boarding process provides credentials in just minutes so users can quickly start increasing their productivity with the platform’s toolset.

Read the full press release from Black Knight. 

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