ICE on a signing spree for new 'mortgage tech ecosystem'
In pursuit of a bigger slice of an estimated $14B market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and 4 new servicing clients
by Matt Carter Mar 21
ICE signs Raymond James Bank to use Encompass mortgage platform
In announcing the second Encompass deal this month, ICE cites investments in mortgage technology and data that automate and accelerate the lending process from start to finish
by Matt Carter Jan 30
Black Knight awarded $155.2M in PennyMac trade secrets lawsuit
PennyMac is putting a positive spin on the arbitrator's ruling, saying the decision allows it to continue to use the disputed loan servicing software 'free and clear of any restrictions'
by Matt Carter Dec 6
Investors who fund most home loans get new climate risk tool
ICE teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs
by Matt Carter Sep 19
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
Antitrust regulators sign off on ICE's deal to acquire Black Knight
In addition to selling Empower and Optimal Blue, consent order would require ICE and Black Knight to seek prior FTC approval before acquiring an interest in another loan origination system
by Matt Carter Aug 31
Black Knight ready to spin off Empower, Optimal Blue businesses
To win approval from regulators to merge with Intercontinental Exchange (ICE), Black Knight plans to sell 2 businesses to subsidiaries of software giant Constellation Software next month
by Matt Carter Aug 30
Antitrust regulators move to block ICE's $11.7B Black Knight acquisition
Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers
by Matt Carter Mar 10
Black Knight ready to sell Empower to address antitrust concerns
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
by Matt Carter Mar 7
FTC prepares to challenge ICE's $13B Black Knight deal: Report
Federal Trade Commission not convinced that Black Knight's plans to spin off its Empower loan origination system allays antitrust concerns, 'Politico' reports
by Matt Carter Feb 27
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
Fidelity paying Black Knight $225M to bring TitlePoint back into the fold
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
by Matt Carter Nov 23
Backed with $10M, Buyside rebrands as Percy, expands into mortgage
Rebranding and strategic alliance with Black Knight, reflect data analytics and marketing company's ability to identify not only homebuyer, but seller leads
by Matt Carter May 31
$13B Black Knight deal still needs approval from antitrust regulators
Intercontinental Exchange Inc. envisions building a 'life of loan' mortgage platform that will produce cost saving efficiencies that benefit consumers
by Matt Carter May 5
New York Stock Exchange owner set to buy property database
Intercontinental Exchange's acquisition of Simplifile would allow the company to digitize the mortgage ecosystem
by Teke Wiggin May 3