Black Knight Announces New Technology Integrations to Enhance Lenders' Mortgage Loan Sale and Purchase Operations and More Effectively Meet Investor Requirements

JACKSONVILLE, Fla., Oct. 19, 2016

Fannie Mae and Freddie Mac are two of the nation's largest investors in residential mortgages, helping ensure a reliable and affordable supply of mortgage funds is available throughout the country. Empower supports the  retail, wholesale and consumer-direct lending channels, and delivers the functionality to electronically capture and process data for every facet of the loan origination process. LendingSpace is a proven, web-based, feature-rich loan origination technology designed specifically for the correspondent lending market.

In addition to these direct GSE integrations, Black Knight's collaborative gateway will further enhance loan sale and purchase operations between retail/wholesale lenders and correspondent aggregators that use LendingSpace by facilitating secure, systematic and instantaneous transfer of loan data and documents to LendingSpace, replacing manual processes and helping lenders save time, improve data consistency and reduce errors.

 "The technology integrations we are delivering for Empower and LendingSpace support our comprehensive approach to provide clients with the broadest connections between systems," said Jerry Halbrook, president, Black Knight Origination Technologies. "These integrations will help lenders optimize operational efficiencies and originate high-quality loans that meet investor guidelines."

About Fannie Mae
Fannie Mae is focused on advancing a sustainable and reliable business model that reduces risk to the housing finance system and taxpayers; providing reliable, large-scale access to affordable mortgage credit for qualified borrowers and helping struggling homeowners; and serving customer needs and improving our business efficiency. We are setting responsible standards for the mortgage industry, paying dividend payments to Treasury, and helping homeowners facing hardship keep their homes or avoid foreclosure. For more information, visit www.fanniemae.com.

Fannie Mae's Integration Platform
The new business-to-business integration platform provides a simple, reliable, and efficient way to connect to Fannie Mae's technology solutions. By enabling a seamless integration process, the platform is intended to eventually centralize all direct interfaces to our applications. The UCD collection solution is the first available solution on the platform; as of September of this year, lenders and technology solution providers can test and deliver the UCD XML file, in preparation for the September 25, 2017 UCD mandate. Learn more on Fannie Mae's UCD page.

About Freddie Mac
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for approximately one in four home borrowers and is the largest source of financing for multifamily housing. Additional information is available at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog.