ICE on a signing spree for new ‘mortgage tech ecosystem’

In pursuit of a bigger slice of an estimated $14 billion market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and four new servicing clients. Continue reading

Truv aims to grow mortgage client base with new integrations

More lenders can access Truv’s income and employment verification services following recent integrations with Dark Matter Technologies, Freddie Mac and nCino. Continue reading

CoStar, Zillow, RE/MAX among 118 firms sued by law enforcement

Atlas Data Privacy Corp. alleges the companies disclosed home addresses and unpublished home phone numbers for judges, police officers, prosecutors and their families. Continue reading

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.” Continue reading

Exclusive Survey: 95% would pay a buyer agent under right conditions

A majority of potential buyers say they’re open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights. Continue reading

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 businesses, but gets access to mortgage loan servicers and MLSs in $11.9 billion merger. Continue reading

Antitrust regulators sign off on ICE’s deal to acquire Black Knight

In addition to selling Empower and Optimal Blue, the FTC consent order would require ICE and Black Knight to seek prior approval before acquiring an interest in another loan origination system. Continue reading

Black Knight ready to spin off Empower, Optimal Blue businesses

To win approval from antitrust regulators for its merger with Intercontinental Exchange (ICE), Black Knight will sell two businesses to subsidiaries of Canadian-based software giant Constellation Software next month. Continue reading

ICE’s Black Knight acquisition nears resolution of antitrust issues

“Significant progress” in Federal Trade Commission negotiations have been reported since Black Knight’s Empower loan origination system and Optimal Blue division were cut from the deal. Continue reading

Here’s every AI platform real estate agents need to know about in 2023

Tools such as ChatGPT and DALL-E have opened the artificial intelligence floodgates and promise to permanently transform the way agents operate. But there’s so much more to explore. Continue reading