The companies and the FTC said they were working toward a final settlement that would close the deal, announced in May 2022.
ICE purchased mortgage technology platform Ellie Mae for $11 billion in 2020.
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Streamlining Mortgage Origination: The New Trend in Fintech Integration
Discover how fintech solutions are revolutionizing mortgage origination by streamlining processes, reducing costs, and enhancing customer experience. Learn about AI and blockchain's roles in transforming this sector.
Estimated reading time: 0 minutes, 22 seconds
ICE’s Black Knight Deal Moves Closer as FTC Drops Suit
Intercontinental Exchange’s proposed $11.7 billion acquisition of mortgage software provider Black Knight has taken a step closer to reality as the Federal Trade Commission has asked a federal court to scrap a lawsuit opposing the deal. So reports Reuters.
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