Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

Estimated reading time: 0 minutes, 21 seconds

Black Knight to Buy Optimal Blue for $1.8B

Black Knight has unveiled a $1.8 billion agreement to purchase Optimal Blue, an online mortgage marketplace that links mortgage originators to secondary investors. So reports the Jacksonville (Fla.) Daily Record.

Black Knight said it will merge Optimal Blue with its Compass Analytics subsidiary.

The deal follows mortgage processor Black Knight’s $6.9 billion acquisition last year of business data firm Dun & Bradstreet Holdings.

Read the full article from Jacksonville (Fla.) Daily Record.

Read 3437 times
Rate this item
(2 votes)

FOLLOW US