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";s:4:"text";s:4906:"The PPE engine enables investors to systematically retrieve and publish interest rates through automated workflow to its network of mortgage industry participants, driving significant efficiencies for a large portion of the industry. [14], On October 2, 2017, upon the completion of a distribution by Fidelity National Financial of its equity interest in Black Knight Financial Services, Inc., the company rebranded as simply Black Knight[15] and began trading under the NYSE symbol BKI (NYSE: BKI). On November 04, 2019, Black Knight took the unprecedented step of taking legal action against one if its clients, PennyMac Financial Services for breach of contract and misappropriation of trade secrets. We believe Optimal Blue will be accretive to our key financial metrics and will create significant value for our shareholders. A free inside look at company reviews and salaries posted anonymously by employees. PennyMac, a Black Knight customer for 11 years, was sued by Black Knight on Nov. 4 for breach of contract and misappropriation of trade secrets after PennyMac developed its n-house software … The mortgage business segment of Fidelity National Information Services was spun off in 2008 to become a fully independent, publicly traded company on the New York Stock Exchange, trading under the symbol LPS[2][3] Jeffery Carbiener, Executive Vice President and Chief Financial Officer of Fidelity National Information Services at the time of the divide, became the first President and Chief Executive Officer of LPS. HomeSide Lending, Inc., where he was responsible for one of the world's largest full-service mortgage companies. that service home loans and home equity loans and lines. The risks and uncertainties that forward-looking statements are subject to include, but are not limited to: satisfaction of the conditions to closing the acquisition of Optimal Blue, LLC and consummate the transaction, including the receipt of regulatory approvals; our ability to obtain debt financing to finance the transaction on reasonable terms; changes in general economic, business, regulatory and political conditions, including those resulting from pandemics such as COVID-19, particularly as they affect foreclosures and the mortgage industry; the outbreak of COVID-19 and measures to reduce its spread, including the effect of governmental or voluntary actions such as business shutdowns and stay-at-home orders; security breaches against our information systems; our ability to maintain and grow our relationships with our clients; changes to the laws, rules and regulations that affect our and our clients' businesses; our ability to adapt our services to changes in technology or the marketplace or achieve our growth strategies; our ability to protect our proprietary software and information rights; the effect of any potential defects, development delays, installation difficulties or system failures on our business and reputation; risks associated with the availability of data; the effects of our existing leverage on our ability to make acquisitions and invest in our business; our ability to successfully integrate strategic acquisitions; risks associated with our investment in Dun & Bradstreet Holdings, Inc.; and other risks and uncertainties detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. display: none; ", "Optimal Blue and Black Knight share similar strategies for innovation, integration and client focus, as well as a similar culture, which is key to successfully integrating premier companies," said Scott Happ, CEO of Optimal Blue. We provide our customers with exceptional support in the areas of in Systems Engineering, Test and Evaluation, Software Tool Development, Data Analysis, Modeling and Simulation, and Software Engineering. Further details regarding the acquisition will be discussed on Black Knight's upcoming earnings call on August 10, 2020. (Even if she took it without permission.) This software suite will serve as the foundation for a highly advanced customer service solution that Black Knight will be offering to clients of its industry-leading MSP servicing system. (PCLender.com). The conference call replay will be available via webcast through Black Knight's Investor Relations website. As the standard in the mortgage industry, MSP is used to service more than 34 million active loans in the U.S. MSP is used by financial institutions (banks, mortgage companies, credit unions, etc.) LO Digital is designed specifically for loan officers to manage the details of each application through an intuitive dashboard, allowing them to easily lead the homebuyer throughout the mortgage application process, respond to borrower questions along the way, and view the same information the borrower sees. ";s:7:"keyword";s:21:"black knight software";s:5:"links";s:1513:"Car Rental Deland, Fl, Justice Of The Peace Ticket Lookup, Conclusion Of Hospital Management System, Stellar Ashes, Zillow Deland, Fl, Architectural Drafting And Design Courses, Carle Patient Portal, Kdmd Meaning, Shame, Shame Dr Dog, Spelling Sentences Homework, Judah And The Lion Net Worth, Custom Logo Polo Shirts, World Of Winx Episode 7, ";s:7:"expired";i:-1;}