Velocity Credit Union Selects Empower, Black Knight's Cloud-Based LOS and Integrated Suite
Black Knight, Inc. announced that Velocity Credit Union, one of the largest credit unions in Texas, has selected the Black Knight Empower LOS and integrated origination solutions to support its members and employees with advanced automation and innovative digital capabilities. "At Velocity, we're dedicated to meeting the needs of our members for years to come, and our selection of Black Knight's integrated technology, data and analytics is central to this mission," said Lindsey Record, vice president of mortgage lending, Velocity Credit Union. "With Velocity entering the first mortgage market, it was important to select a proven LOS that allows us the flexibility to help us achieve our strategic goals, and best serve our growing membership, with robust automation." The easy-to-use and highly configurable Empower platform will enable Velocity Credit Union to streamline the origination process from loan application through closing. The cloud-based system's "lights-out" automation will save the credit union time, help reduce the cost per loan and provide Velocity's staff the ability to process more loans at greater speed for an enhanced borrower experience.
Jul-8-2022, 08:15:32 GMT
- Country:
- North America
- Canada (0.20)
- United States > Texas (0.26)
- North America
- Industry:
- Banking & Finance > Loans
- Mortgages (0.80)
- Information Technology > Services (0.74)
- Banking & Finance > Loans
- Technology:
- Information Technology
- Artificial Intelligence (1.00)
- Cloud Computing (1.00)
- Communications > Web (0.40)
- Information Technology