Selling Empower would be a move by the mortgage data vendor to address U.S. antitrust worries about Black Knight’s proposed $13.1 billion purchase by Intercontinental Exchange.
ICI bought Ellie Mae for $11 billion in 2020.
An insightful article discussing how mortgage originators can adapt to the rising interest rates by embracing strategic customer relations and technology integration.
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Black Knight has opted to put its Empower loan origination software business up for sale, according to sources with knowledge of the situation. So reports Reuters.
Selling Empower would be a move by the mortgage data vendor to address U.S. antitrust worries about Black Knight’s proposed $13.1 billion purchase by Intercontinental Exchange.
ICI bought Ellie Mae for $11 billion in 2020.