Black Knight Financial Services, formerly known as Lender Processing Services and ServiceLink, conducted loan processing on a record 41 million loans through the end of last year.

The Jacksonville, Fla.-based mortgage technology and services company, which was acquired by Fidelity National Financial at the beginning of this year, managed loan processing on its MSP mortgage servicing platform for 60 mortgage and consumer loan servicing clients.

"The seamless execution of yearend processing is critically important to our clients, company and the industry," says Joe Nackashi, chief information officer and president of Black Knight Financial Services servicing and default technologies division, in a press release.

The yearend processing of loans helps servicers compile loan information to report prior year account details to mortgagors to meet regulations for the Internal Revenue Service and other government agencies.

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