About Black Knight - Ernst Fee Service
Black Knight’s ErnstSM Fee Service is designed to help lenders and settlement agents process fees for loan estimates and closing disclosures with unparalleled speed and accuracy. This unified access point for all fee-related data provides the flexibility you need to get the information the way you want it – either through the web, XML, mobile and third-party integrations.
The Ernst Fee Monitoring Service continually tracks recording fees and transfer taxes, as well as other settlement fees, including title premiums, inspections, appraisals and more. For users of the Empower® LOS, any fee changes are automatically sent to Empower on a nightly basis. Users are alerted in Empower, and do not need to leave the LOS to check for any fee changes – saving time and reducing errors. This entire lights-out process can occur within just 24 hours, helping lenders more easily meet TRID’s three-day disclosure requirement.
The Ernst Fee Service alerts both lenders and settlement agents of fee changes as they happen so the appropriate action can be taken. With this precision, you will save time and costs and help minimize costly fee cures closing process.
TMC Members are eligible for exclusive discounts on product access, implementation, and professional service fees for the Ernst Fee Service.
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2020 HousingWire Tech100 Real Estate Winner