Black Knight Extends Strategic Relationship with Flagstar Bank for MSP Loan Servicing System and Default Capabilities to Support Rapid Growth of Servicing and Subservicing Portfolios

JACKSONVILLE, Fla., Aug. 24, 2022 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that Flagstar Bank, the fifth largest subservicer in the U.S., has signed a contract extension to continue using the Black Knight MSP loan servicing system. MSP is a comprehensive, end-to-end loan servicing system that encompasses all aspects of servicing, from loan boarding to default. The industry-leading platform is used by financial institutions to service approximately 37 million active loans – more than any other in the industry.