Navy Federal Expands Partnership with Ebony Knight; Greatest Credit Union Symptoms Extension for MSP Servicing System, Adds Servicing Digital Solution

Navy Federal Credit Union use Ebony Knight’s Servicing Digital, an interactive, user-friendly internet and mobile way to offer users with personalized, prompt information on their home loans

The credit union stretched its agreement to keep utilising the Ebony Knight MSP servicing system

Navy Federal happens to be A ebony Knight client for over 40 years

JACKSONVILLE, Fla. – April 29, 2021 – Today, Ebony Knight, Inc. (NYSE:BKI) announced that Navy Federal Credit Union, which acts over 10 million users globally and it is the world’s biggest credit union, has extended its agreement to make use of Ebony Knight’s industry-leading MSP servicing system. MSP is employed by finance institutions to program more or less 36 million active loans – more than just about other into the home loan industry. The system that is scalable that will help Navy Federal manage all home loan servicing processes, can accommodate just about any size profile and includes award-winning customer help solutions.

Furthermore, the credit union will commence to provide Ebony Knight’s Servicing Digital way to its users. Servicing Digital delivers detailed, timely and extremely individualized loan information concerning the worth of members’ domiciles and exactly how much wide range could be built from all of these property assets. Servicing Digital will help deepen relationships while increasing satisfaction giving customers’ customers easy, round-the-clock use of home and loan information; supplying the power to make mortgage payments online; and presenting opportunities for refinancing, taking out fully a house equity loan or buying another home. The perfect solution is can be obtained anytime, anywhere online and via cellular devices.

Servicing Digital enables property owners to effortlessly perform tasks and view information related with their mortgages through an easy, user-friendly screen, while supplying a platform for constant engagement between servicers and their clients. The revolutionary, consumer-centric solution delivers helpful information particular to an individual’s mortgage, home and neighborhood housing marketplace by accessing the servicer’s information through Ebony Knight’s comprehensive, end-to-end MSP system, along with the company’s industry-leading property documents database, advanced level analytics and automatic valuation models. Navy Federal will make use of the responsive web site design type of Servicing Digital, which can be additionally available being a indigenous app that is mobile.

“Black Knight is honored that Navy Federal has selected to increase our longstanding, collaborative relationship in excess of 40 years by not merely renewing its utilization of the MSP system, but improving advanced digital capabilities to its member experience,” said Joe Nackashi, president of Ebony Knight. “We look forward to continuing to support Navy Federal with revolutionary approaches to help meet its objective as the utmost trusted and online payday loans Missouri chosen institution that is financial people in the armed forces and their own families.”

About Navy Federal Credit Union

Created in 1933 with just seven users, Navy Federal now has got the distinct honor of serving over 10 million people globally and it is the world’s biggest credit union. As a member-owned and not-for-profit company, Navy Federal constantly places the monetary requirements of the users first. Account is available to all Department of Defense and Coast Guard Active Duty, veterans, civilian and specialist workers, and their loved ones. Aimed at its objective of service, Navy Federal employs a workforce of over 22,000 and has now a network that is global of branches. To find out more about Navy Federal Credit Union, visit navyfederal.org.

About Ebony Knight

Ebony Knight, Inc. (NYSE:BKI) is an award-winning computer software, information and analytics business that drives innovation when you look at the home loan financing and servicing and property companies, plus the capital and additional areas. Organizations leverage our robust, built-in solutions throughout the homeownership that is entire period to simply help retain current clients, gain new clients, mitigate danger and run more effortlessly.