Black Knight has acquired Ernst Publishing Co., a provider of technology and closing cost data for the real estate and home finance industries, for an undisclosed sum.
Black Knight says it plans to more tightly integrate the Ernst capabilities into its premier suite of origination solutions, while also making the technology and data available to companies that do not currently use the Black Knight Empower loan origination system.
Black Knight will continue to work with Ernst’s current industry partners and clients, the company says in a release.
Black Knight says it will augment its existing fee engine with Ernst’s capabilities, including recording fees, transfer taxes, inspection fees, property taxes and title premium fees to create a unified access point for all fee-related needs.
This comprehensive fee suite will integrate with Black Knight’s Origination Solutions suite, which includes loan origination software, regulatory compliance and e-closing capabilities, enhanced by artificial intelligence technology.