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.
-
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, 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.
MOST READ STORIES
Fast,Easy & Free
