The credit union will also leverage integration with
Surefire, Black Knight's CRM tool, to enhance
member experience
- Frontwave Credit Union selected the Empower loan origination
system (LOS) for its powerful digital solutions, robust
integrations and ease of use
- The credit union will also use Surefire, Black Knight's
powerful mortgage marketing CRM solution to enhance its
communications and outreach channels to help develop members for
life
- Frontwave Credit Union, which serves the military and civilian
communities, also chose Black Knight for its positive reputation in
the military community
JACKSONVILLE, Fla., March 20,
2023 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI)
announced today that Frontwave Credit Union, a growing credit union
serving military and civilian communities in Southern California, has signed a contract to
implement the Empower loan origination system (LOS) and several of
its integrated solutions to support its expanding mortgage
operations. The credit union will also leverage the award-winning
Surefire customer relationship management (CRM) and mortgage
marketing engine tool from Black Knight to elevate the experience
of its members and to help turn new customers into members for
life.
"As Frontwave looks to the future, we need technology that can
go the distance to power our growth and help us scale our lending
operations. The advanced functionality of Empower, along with its
robust, automated communications capabilities, will enhance the
member experience and increase the satisfaction of our loan
officers," said Paul Leonhardt,
chief lending officer, Frontwave Credit Union.
With the Empower system, Frontwave will have a high-performance
LOS through which they can easily support their own workflows,
reducing the costly and time-consuming work of deploying custom
integrations. A unique feature of the Empower LOS is its advanced
"lights-out processing" capabilities to streamline operations for
greater efficiency. Because Empower is hosted in the cloud,
Frontwave will benefit from reduced technology efforts and the
elimination of recurring hosting costs.
Additionally, the Surefire CRM solution will give the credit
union access to tools that help thousands of mortgage professionals
win new business, drive repeat business and benefit from business
referred by current customers, who are delighted with their
experiences. With intuitive "set-it-and-forget-it" workflows and
timely, automated communications featuring relevant, top-rated
content, mortgage professionals can effortlessly maintain and
deepen their connections with borrowers, recruits, members, brokers
and real estate agents all through one powerful platform.
Black Knight's digital ecosystem gives Frontwave access to a
full suite of integrated technology, data and analytics solutions
to help its operations run more smoothly. These include integration
with Optimal Blue's leading product and pricing engine; a digital
point-of-sale solution that enhances the mortgage application
process for borrowers and loan officers; an intuitive digital
dashboard that loan officers can use to help borrowers throughout
the approval process; machine-learning technology for document
classification and indexing; a digital close solution with
eDelivery and eSigning capabilities; a comprehensive fee service to
help mitigate fee cures; robust property tax data; compliance
validation testing; flood zone determination services and
reporting; and an actionable intelligence solution that delivers
instant access to information from multiple data sources to help
forecast and monitor pipeline, productivity, cycle time and
pull-through.
"It is abundantly clear to us that serving members is mission
number-one at Frontwave Credit Union," said Rich
Gagliano, president, Black Knight Origination
Technologies. "By leveraging our Empower LOS and advanced
origination solutions, Frontwave will be able to deliver an
unparalleled experience to its members and employees, while
increasing member retention. Black Knight is proud to support
Frontwave's mission of furthering the financial wellbeing of both
its military service and civilian members."
About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data
and analytics company that drives innovation in the mortgage
lending and servicing and real estate industries, as well as the
capital and secondary markets. Businesses leverage our robust,
integrated solutions across the entire homeownership life cycle to
help retain existing customers, gain new customers, mitigate risk
and operate more effectively.
Our clients rely on our proven, comprehensive, scalable products
and our unwavering commitment to delivering superior client support
to achieve their strategic goals and better serve their customers.
For more information on Black Knight, please visit
www.blackknightinc.com.
About Frontwave Credit Union
Frontwave Credit Union is a member-owned not-for-profit
financial institution serving San
Diego, Riverside, and
San Bernardino Counties. Frontwave
Credit Union was founded in 1952 as Camp Pendleton Federal Credit
Union in Oceanside, California.
Frontwave has grown from 8 civil service military personnel members
with $40 in assets to now serving
more than 123,000 members worldwide managing $1.4 billion in assets. To learn more, visit
frontwavecu.com.
For more
information:
|
|
Michelle
Kersch
|
Mitch Cohen
|
Black Knight,
Inc.
|
Black Knight,
Inc.
|
904.854.5043
|
704.890.8158
|
michelle.kersch@bkfs.com
|
mitch.cohen@bkfs.com
|
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SOURCE Black Knight, Inc.