Black Knight Financial Services Inc. says it has completed the conversion of more than 1 million home equity and private banking loans onto its LoanSphere MSP servicing system for JPMorgan Chase.
JPMorgan Chase also implemented LoanSphere Loan Boarding, a tool that helps servicers efficiently board loans onto MSP, and the company added loans to Black Knight’s LoanSphere Invoicing, a web-based solution that streamlines billing and invoicing.
“Chase continues to make great progress improving the experience for our home lending customers. As part of that effort, this conversion will help streamline processes and improve efficiencies,” comments Peter Muriungi, head of servicing for Chase Home Lending.
MSP helps clients manage all servicing processes, from loan boarding and payment processing to escrow administration, default management and more.