Black Knight announced its integration with loanDepot’s next generation of lending services as the company migrates some of its backend operations to Black Knight’s cloud-based Empower loan origination system. The conversion will begin in mid-2023 and is expected to be complete in 2024.
The Empower migration will complement and integrate with loanDepot’s proprietary technology ecosystem, mello.
Utilizing the enhanced, cloud-based version of Empower, loanDepot will now be able to further leverage the skills and capabilities of Black Knight throughout its backend operations, increasing customer and originator satisfaction, operational efficiency, and loan quality, all while driving down its overall cost to produce.
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