Name: Black Knight MSP
Rating: 8 (3 reviews)
Author: Black Knight Financial Services

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Beta Testing

Innovation Management

No-Code Development

Product Analytics

Version Control

Development

Learning Management

Student Management

Education

Business Intelligence (BI)

Collaboration

Corporate Social Responsibility (CSR)

Demand Planning

Enterprise Asset Management

Enterprise Content Management

Environmental Health and Safety (EHS)

Internal Communications

Enterprise

Accounting

Anti-Money Laundering (AML)

Merger and Acquisition

Travel Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employer of Record (EOR)

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Access Gateways

Cloud Storage

Data Center Cooling

Data Center Networking

Fraud Detection

Function as a Service (FaaS)

Graph Database

Integration Platform as a Service (iPaaS)

LAN Switches

Network Operating Systems

Network Performance Monitoring

Object Storage

Open-Source Database

Rack Servers

Storage as a Service (STaaS)

Value-Added Resellers (VARs)

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Video Conferencing

Professional Services

Customer Relationship Management (CRM)

Lead Management

Sales Incentive Compensation Management

Trade Promotion Management

Sales

Data-Centric Audit Protection (DCAP)

Database Security

GDPR Compliance

Security

Apparel

Clinical Data Management

Clinical Trial Management

Interior Design

Lease Management

Online Ordering

Simulation

Warranty Management

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Encompass from ICE Mortgage Technology

ICE Mortgage Technology

ACES (Automated Compliance and Evaluation System) Web Audit Technology

ACES Risk Management Corp (ARMCO)

Fiserv Mortgage Director

Fiserv

LoanPro

Calyx Point

Calyx Software

FinnOne Neo

Nucleus Software Exports Ltd.

TValue

TimeValue Software

MeridianLink Business

MeridianLink

ABLE Monitoring

RNDPOINT LTD

CoreLogic Credco

CoreLogic

MSP Mortgage Servicing System, developed by Black Knight, is a loan servicing software designed to meet the needs of financial institutions. According to the vendor, this scalable solution supports loan portfolios of all sizes, making it suitable for banks, mortgage companies, credit unions, and housing agencies. Mortgage servicers and professionals in the financial industry rely on MSP to manage loan boarding, payment processing, escrow administration, default management, and more.

## Key Features

**Scalable for loan portfolios**: According to the vendor, MSP is designed to handle loan portfolios of all sizes, making it suitable for financial institutions of varying scales. It can efficiently manage both first mortgages and home equity loans and lines of credit.

**Continuous compliance enhancements**: The vendor states that MSP has a strong focus on regulatory compliance and risk management. They claim that it is continuously updated to meet regulatory requirements, ensuring servicers stay up-to-date and avoid penalties.

**Customer-centric engagement**: MSP offers customer-centric features that the vendor says enhance engagement and retention. They claim that advanced marketing automation tools enable proactive borrower engagement, while the "one-call resolution" customer service solution improves satisfaction.

**Manage mortgage and home equity**: According to the vendor, MSP allows servicers to manage both mortgage and home equity loans on a single platform. They claim that this integration streamlines operations and reduces costs, maximizing efficiency.

**End-to-end connections and automated workflow**: The vendor claims that MSP provides end-to-end connections throughout the loan servicing process. They state that automated workflow and digital capabilities enhance operational efficiency, ensuring seamless information flow across the platform.

**Data security and protection**: The vendor emphasizes that MSP prioritizes data security and protection of borrower-owned data. They state that it safeguards personal data and ensures compliance with privacy regulations, providing a secure environment for sensitive borrower information.

**Improved efficiencies and cost management**: According to the vendor, MSP helps servicers improve operational efficiencies. They claim that it automates various areas of mortgage servicing, increasing employee productivity. The vendor suggests that streamlined back-office operations contribute to cost reduction.


Black Knight MSP (formerly LoanSphere LendingSpace) is a mortgage and home equity loan origination system targeted to upper or lower midsize (but not large enterprise) lenders, from Black Knight Financial Services.

Black Knight MSP

Loan Servicing Software automates the loan lifecycle from origination, credit decisioning, payment processing and collections, to accounting and reporting.

Loan Servicing

Black Knight Financial Services

Loan Workflow

Tools used by loan origination and servicing and servicing agents to streamline their workflows.

Loan Document Management

This feature allows users to store, manage, and track all loan-related documents, ensuring compliance and efficient processing.

Loan Workflow Automation

This feature helps to automate various stages of the loan process, improving efficiency and reducing manual errors.

Loan Software Integrations

This feature allows lenders to access credit reports and scores from major credit bureaus, aiding in the credit assessment process, and integrate with CRM tools and third-party databases to manage borrower relationships.

Loan Reporting and Analytics

Allows users to generate various reports and analyze data related to loan origination and servicing, helping to make informed decisions.

Financial Reporting and Compliance

Financial statements and regulatory filings

Management Reporting

Tools facilitating creation of internal ad hoc or standard reports.

XBRL support for regulatory filing

Support for the XBRL standard reporting format for exchanging financial data.

Excel-based Reporting

Ad hoc or formatted reports using MS Excel.

Data Security

Tools and features that help keep data secure from unauthorized access or internal exposure.

At-Rest Data Encryption

Data at rest is encrypted, requiring decryption to read the underlying data.

In-Transit Data Encryption

Data is transmitted in an encrypted state, preventing interception of raw in-flight data.

In-Use Data Encryption

Data remains encrypted even when stored in non-persistent storage (RAM, CPU caches, and CPU registers). This prevents access to data through malware on an individual device.

Data Redaction

The product's capability to return redacted data in place of actual data when queried. For instance, a redacted query for the phone number 555-5555 could return ***-**55.

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Loan Servicing Software

Black Knight MSP
Formerly LoanSphere

Overview

What is Black Knight MSP?