Black Knight, Restb.ai forge partnership in big step for AI

Restb.ai’s MLS product suite will be connected directly to the Paragon MLS platform, which is used by hundreds of multiple listing services around the country, according to the company. Continue reading

FTC goes to court to stop ICE’s $11.7B Black Knight acquisition

Federal antitrust regulators are seeking a preliminary injunction to stop Intercontinental Exchange’s planned $11.7 billion acquisition of mortgage tech provider Black Knight from closing on April 28 — before an administrative hearing to determine its … Continue reading

Software vendors gear up to support appraisal-free mortgages

Starting April 15, Fannie Mae says more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property. Continue reading

Antitrust regulators move to block ICE’s $11.7B Black Knight acquisition

The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers. Continue reading

Black Knight ready to sell Empower to address antitrust concerns

A Deal with Constellation Software Inc. hinges on ICE closing the deal to acquire Black Knight, now valued at $11.7 billion. ICE says it’s prepared to fight FTC in court. Continue reading

Black Knight’s Q4 profits slip as clients cope with challenges

The company’s $17.6 million in fourth-quarter net earnings represented a 71 percent decline from a year ago. Black Knight books $452.5 million in 2022 profits, up 118 percent from 2021 with revenue climbing 5 percent to $1.55 billion. Continue reading

FTC prepares to challenge ICE’s $13B Black Knight deal: Report

The Federal Trade Commission is not convinced that Black Knight’s plans to spin off its Empower loan origination system allays antitrust concerns, “Politico” reports. Continue reading

New Black Knight integrations ‘close the loop’ on digital mortgages

Integration of Wolters Kluwer’s eNote and eVault capabilities into Black Knight’s digital closing solution, Expedite Close, eliminates the need for multiple vendors. Continue reading

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. Continue reading