JACKSONVILLE, Fla., March 13, 2017 /PRNewswire/ -- Black Knight Financial Services, Inc. (NYSE: BKFS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that The Mortgage Bankers Association (MBA), parent corporation of the Mortgage Industry Standards Maintenance Organization (MISMO), appointed Andy Crisenbery to the MISMO board of directors. As Black Knight's senior vice president, managing director of eLending Solutions, Crisenbery oversees key operations of the company's eLending product suite. He has been involved with MISMO for several years, helping to create and lead the Membership and Revenue Committee.
The MISMO board of directors, which represents a cross-section of the real estate finance industry that manages and directs MISMO's business and affairs, consists of representatives from the residential and commercial mortgage industry who serve two-year terms.
Randy Poirier, Black Knight's vice president of Data Solutions, will join Andy on the MISMO board as an ex-officio member and newly elected chair of MISMO's Residential Standards Governance Committee.
"Andy and Randy's extensive knowledge of the mortgage industry and MISMO will help ensure that the MISMO board of directors has the broad perspective to oversee the organization and ensure that it serves the entire mortgage industry. I congratulate them on their appointments and look forward to their continued contributions to MISMO," said Mike Fratantoni, MISMO president and chief economist and senior vice president of Research and Industry Technology at MBA.
"Black Knight is proud to share Andy and Randy's experience and insight in support of MISMO's goal to develop consensus-based standards that allow mortgage industry participants to exchange information more securely, efficiently and economically," said Jerry Halbrook, president of Origination Technologies for Black Knight Financial Services. "We share MISMO's passion for advancing the mortgage industry, while helping lenders improve margins, reduce errors and create cost savings for consumers."
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, REITs, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's website: www.mba.org.
MISMO® is the standards development body for the mortgage industry. The use of MISMO standards reduces processing costs, increases transparency and boosts investor confidence in mortgages as an asset class, while creating cost savings for the consumer. For more information, visit www.mismo.org.
About Black Knight Financial Services, Inc.
Black Knight Financial Services, Inc. (NYSE: BKFS) is a leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.
Black Knight Financial Services is committed to being a premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight Financial Services, please visit www.bkfs.com.
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SOURCE Black Knight Financial Services