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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The Rise of Digitalization in Mortgage Originating: A Paradigm Shift
Explore the transformative rise of digitalization in mortgage originating and how it's reshaping the industry, enhancing efficiency, borrower experience, and operational growth.
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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