PITTSBURGH, Dec. 2, 2015 /PRNewswire/ -- ValuAmerica, Inc., a national title agency, appraisal management company and technology provider, announced today that it has successfully integrated its ValuNet xsp platform with the LoanSphere Closing Insight application to support any lender utilizing Closing Insight through a completely integrated solution. The solution is available from RealEC Technologies, a division of Black Knight Financial Services, Inc. (NYSE: BKFS). Black Knight is a leading provider of integrated technology, data and analytics to the mortgage and real estate industries.
Closing Insight is a Web-based solution that automates the loan closing process, enabling the integration of lender and settlement agent data to streamline the reconciliation of fees for final loan closing disclosures. Using a client-configurable rules engine, lenders and settlement agents have the ability to generate and review disclosure documents, which will help them meet loan-closing timeline requirements, and electronically fulfill title, closing and document signing orders.
"The integration will create an efficient and secure electronic method of communicating with any lender using Closing Insight while producing the Closing Disclosure. By using the closing collaboration data transfer, the analytics, change tracking and systemic documentation will help keep all parties informed and in sync on a real-time basis," said Shawn Murphy, executive vice president of ValuAmerica.
"The integration with ValuAmerica's ValuNet xsp platform furthers Black Knight's efforts to drive a more seamless mortgage process through the use of Closing Insight," said Gerardo Caceres, senior vice president of Client Delivery and Regulatory Strategy for RealEC Technologies. "We are pleased to offer Closing Insight's efficiency and risk management tools to ValuAmerica's clients."
About ValuAmerica, Inc.
ValuAmerica, Inc. is wholly owned by Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN) and is a provider of real estate information and technology services to the mortgage and real estate industries. Through its two main operating divisions – Intelligent Property Solutions and Innovative Technology Services – the company provides a comprehensive suite of appraisal, title, closing, and settlement services and develops technology to help automate workflow and compliance processes. For more information ValuAmerica, please visit www.valuamerica.com.
About Black Knight Financial Services, Inc.
Black Knight Financial Services, Inc. (NYSE: BKFS), a Fidelity National Financial (NYSE: FNF) company, 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.
SOURCE ValuAmerica, Inc.