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
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
Southport Acquisition Corp. will look to acquire companies with $50 million to $100 million in revenues that are valued between $1 billion and $2 billion. Continue reading
Average interest rates and other stats are pulled from the ICE Mortgage Technology platform, which processes about half of all U.S. mortgages applications. Continue reading
The mortgage originator/servicer is hiring Wilcox as its first chief experience officer since the company launched in 2015. Continue reading
The new partnership will give thousands of title agents and escrow officers access to Notarize’s online and hybrid closings. Continue reading
In a move that could bring the digital closing experience to a large number of new consumers, Notarize announced Thursday that it has teamed up with real estate tech giant Ellie Mae. Continue reading
The U.S. real estate technology sector nabbed $1.9 billion in growth equity capital in 2019, according to a new study from GCA Advisors. Continue reading
Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. Continue reading