Intercontinental Exchange Inc.
Mortgage tech company carved out of ICE's Black Knight acquisition has signed new clients, expanded its product lineup, and announced plans to transition to a new CEO in April
To satisfy antitrust regulators, ICE divests itself of Black Knight's loan origination and mortgage pricing business, but gets access to mortgage loan servicers and MLSs in $11.9B merger
Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers
Deal with Constellation Software Inc. hinges on Intercontinental Exchange closing deal to acquire Black Knight, now valued at $11.7B. ICE says it's prepared to fight FTC in court
Black Knight is reportedly looking to spin off its Empower loan origination system to placate regulators' antitrust concerns as critics raise market power, data privacy issues
With ICE's acquisition of Black Knight pending, title insurer exercises right to buy back title search and order management solution under terms of 2014 agreement
Rebranding and strategic alliance with Black Knight, reflect data analytics and marketing company's ability to identify not only homebuyer, but seller leads
Intercontinental Exchange Inc. envisions building a 'life of loan' mortgage platform that will produce cost saving efficiencies that benefit consumers
Borrowers can be routed to Encompass eClose directly from Maxwell Point of Sale, streamlining closings for borrowers and maintaining a consistent closing workflow for lenders
Average interest rates and other stats are pulled from the ICE Mortgage Technology platform, which processes about half of all US mortgages applications
Back to top