Ross Mortgage Corporation, a Michigan-based lender with operations in more than a dozen states, has signed a long-term contract to implement the Black Knight Empower LOS and integrated origination solutions to support its growing business operations and better serve its borrowers.
“We conducted a thorough evaluation of the mortgage technology available today and engaged our team of employees to identify a system that will help accelerate our turn times, process more loans, reduce costs and enhance our borrower experience,” said Tim Ross, CEO, Ross Mortgage. “Black Knight clearly demonstrated its ability to meet our criteria, solidifying our decision to select Empower as a way to best support our borrowers and our business and accommodate our expanding loan portfolio.”
Ross Mortgage will use the Empower system to originate first mortgages and home equity loans for its retail lending channel.
The lender will also implement a suite of integrated technology, data and analytics solutions to deliver higher performance. These include artificial intelligence and machine-learning for document classification and indexing; a point-of-sale solution; a fee service; property tax data; a digital close solution with eDelivery and eSigning capabilities; automated state and federal compliance validation testing; flood zone determination services and reporting; and more.