Constellation Software handed the keys to Empower, Optimal Blue
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
by Matt Carter Sep 15
ICE sees $13B Black Knight merger surviving antitrust concerns
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
by Matt Carter Feb 15
The biggest mortgage, lending and housing finance stories of 2021
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
by Matt Carter Dec 29
Ellie Mae vets form SPAC to acquire mortgage and real estate startups
Southport Acquisition Corp. seeking companies with $50M to $100M in revenues that are valued between $1B and $2B, the company said in an investor prospectus on Friday
by Matt Carter Dec 10
New Intercontinental Exchange Inc. indices track daily mortgage rates
Average interest rates and other stats are pulled from the ICE Mortgage Technology platform, which processes about half of all US mortgages applications
by Matt Carter Oct 19
Mortgage rates set new record low for 13th time in 2020
The average 30-year mortgage hit an all-time low of 2.72%, according to Freddie Mac
by Patrick Kearns Nov 19
older millennial
Refinances accounted for 43% of all closed loans for millennials in September, according to a new analysis by ICE Mortgage Technology
by Patrick Kearns Nov 4
Ginger Wilcox named Home Point Financial's chief experience officer
The mortgage originator is hiring its first CXO since the company launched in 2015
by Lillian Dickerson Feb 10
Notarize partners with Stewart Title
The new partnership will give thousands of title agents and escrow officers access to Notarize's online and hybrid closings
by Jim Dalrymple II Jan 15
housing market
Notarize will now integrate its software with Ellie Mae's widely used Encompass platform
by Jim Dalrymple II Nov 14
A man presenting charts
The US real estate technology sector nabbed $1.9B in growth equity capital in the 3rd quarter of 2019, but will WeWork's debacle hurt the market?
by Patrick Kearns Nov 12
Mortgage software company Ellie Mae to be acquired for $3.7B
The company processes over a third of all the mortgage applications in the United States
by Marian McPherson Feb 12
Ellie Mae launches online mortgage application platform
60% of homebuyers expect to apply for a loan entirely online, the company claims
Real estate CEOs snag Glassdoor 'Employees' Choice' awards
Chief executives at Keller Williams, Compass, eXp Realty earn highest approval ratings from their employees
by Patrick Kearns Jun 21
$128M acquisition puts Ellie Mae closer to 'first true digital mortgage'
Offerings combo will provide 'personalized, high-tech and human-touch experience' for consumers, company says