The partnership will support Carrington's retail, wholesale, and correspondent channels
Carrington Mortgage Services has partnered with Black Knight, signing an agreement to implement a suite of Black Knight origination tools.
The non-bank mortgage lender signed up for Black Knight's Empower loan origination system, as well as its Fee Monitoring Service and Actionable Intelligence Program, to support its retail, wholesale, and correspondent channels.
Carrington Mortgage said it aims to improve operational efficiency, reduce risk, and enhance customer experience through the partnership.
"Black Knight's origination solutions suite features the advanced functionality necessary to support straight-through loan processing, which will help us be more productive and, most importantly, better serve our customers," said Brent Rasmussen, executive vice president and chief information officer at Carrington Mortgage Holdings. "Black Knight has best-in-class solutions and a commitment to innovation that will enable us to further streamline the loan process for our customers and operations, as well as support our future growth plans."
"We are excited to support Carrington Mortgage Services' unique business," Black Knight President Joe Nackashi said. "By leveraging multiple integrated Black Knight solutions, Carrington Mortgage Services will gain significant value to help drive growth, and enhance the experience for its retail, wholesale, and correspondent customers."