Price softening continues to spread from the Sunbelt into the Western U.S., and the inventory of homes for sale is growing at an accelerating pace, ICE Mortgage Technology reports
Mortgage giant claims lenders who embrace automation enjoy fewer loan defects and cut loan production time and cost compared to lenders with lower technology utilization
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
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
Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers
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