We see Optimal Blue as a profit center, we don't see it as a cost. 15, 2020 – Black Knight, Inc. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. January 4, 2021. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that, in connection with its acquisition of Black Knight, it has completed the sale of Black Knight’s Optimal Blue and Empower loan origination system (LOS) businesses to subsidiaries of Constellation Software Inc. ICE and Black Knight’s agreement to sell its Optimal Blue business leaves the FTC with a weak case as it remedies the remaining horizontal overlap cited in the FTC’s complaint with a. This is the second deal to sell a Black Knight subsidiary to Constellation to address the Federal Trade Commission’s antitrust concerns about ICE’s acquisition of Black Knight. (ICE) and Black Knight Inc. 9X on a pro forma. Optimal Blue Financial Services Plano, TX Blend Software Development San Francisco, CA. First Horizon Bank. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Intercontinental Exchange (ICE) can now move ahead with its $12 billion takeover of mortgage software company Black Knight after the Federal Trade Commission dismissed a court case aiming to halt. 09/15/2023 - 08:30 AM . Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. For example, the average 30-year fixed rate for VA loans was 6. residential mortgage process, from consumer engagement through loan registration. 3%, it bottomed out in April 2023 and is expected to continue rising for August and September 2023, based on Optimal Blue rate lock data. mortgage data vendor Black Knight will sell its Optimal Blue business for $700 million, shedding a second unit to soothe regulatory concerns over its. Ellie Mae was a mortgage automation company. The proposed settlement ensures Black Knight’s divestiture of Empower and Optimal Blue, two businesses that provide critical services in the. Toronto-based Constellation’s Perseus operating group will pay US$200-million in cash for Optimal Blue, which provides data services to the mortgage industry, and will finance the rest with a US. . By early April 2020, the AEI Housing Center was using Optimal Blue data to monitor HPA and MDR on a weekly basis and project future HPA and MDR with a high degree of accuracy, but without the usual 3 month lag. This week, Intercontinental Exchange (ICE) and Black Knight announced an agreement to sell Black Knight’s Empower loan origination system (LOS) business to Constellation Software, Inc. S. Let us help transform your operations to achieve your strategic goals and. Black Knight ready to sell Empower to address antitrust concerns. MLO Shift. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. That’s why we’re integrated with technology partners across the industry to help you quote and order MI from Enact quickly and securely using your loan origination system. (or the proposed divestiture of Black Knight’s Optimal Blue business or. Share. website maker. Encompass Product & Pricing Service ™ is a robust pricing engine integrated into the Encompass Digital Mortgage Solution. – March 4, 2022 – ICE Mortgage Technology TM, part of Intercontinental Exchange, Inc. Back. The third-largest loan origination system provider, Mortgage Cadence, sees an opportunity to pick up business if the merger between No. (2022-09-07 | NYSE:BKI) Optimal Blue, a Division of Black Knight, Adds ICE Mortgage Rate Lock Index Futures to CompassPoint, Leading Hedge Analytics and MSR Valuation Platform. --(BUSINESS WIRE)-- Intercontinental Exchange, Inc. Intercontinental Exchange (ICE) can now move ahead with its $12 billion takeover of mortgage software company Black Knight after the Federal Trade Commission dismissed a court case aiming to halt. Optimal Blue recognized for its innovative and impactful solutions in the U. Together, we transform, streamline and automate industries to connect our customers to opportunity. Visit Company Page. 5% to $74. Optimal Blue | 10,913 followers on LinkedIn. The company provides MSR valuation and advisory services to mortgage banks and financial institutions. | Optimal Blue, a division of Black. 25% in August, the highest level in more than 20 years, before settling to 7. Since 1985, Byte has provided innovative mortgage workflow solutions that are simple to implement, use and administrate. mortgage data vendor Black Knight will sell its Optimal Blue business for $700 million, shedding a second unit to soothe regulatory concerns over its proposed. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Divestiture contingent on closing of ICE’s acquisition of Black Knight Intercontinental Exchange, Inc. LendingHUB for all admin related items. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight, Inc. Originations Editor, National Mortgage News. Intercontinental Exchange, which also owns MERS and Simplifile acquired Ellie Mae from private equity firm Thoma Bravo in a deal that valued the mortgage-lending platform at about $11 billion. Optimal Blue | 10,863 followers on LinkedIn. com (678) 981-3882 [email protected] percent difference in rate may sound small, but that can equal tens of thousands in interest savings over the life of the mortgage. ÐÏ à¡± á> þÿ 4 “ þÿÿÿ ] ^ _ ` a b c d e f g h i j k l m n o p q r s t u v w x y z { | } ~ € ‚ ƒ „. 7, 2022 – Black Knight, Inc. , the FTC has filed a joint stipulation for dismissal alongside. Doc Solutions in Encompass is a great way to stay in compliance with all state regulations. Black Knight Inc. com ICE Investor Contact: Katia Gonzalez katia. Optimal Blue, a Division of Black Knight, Adds ICE Mortgage Rate Lock Index Futures to CompassPoint, Leading Hedge Analytics and. In May,. 06 Sep 2023. #OBProductCorner 7ENCOMPASS MADE EASY WITH CERTIFIED ENCOMPASS MORTGAGE TECHNOLOGY CONSULTANTS We are an ICE Mortgage Technology Premier. Through advanced, yet turnkey integrations with +70 mortgage technology vendors, we have embedded the power of Optimal Blue inside of whatever. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. which was spun off as Black Knight and is now part of ICE. ". Optimal Blue | 10,144 followers on LinkedIn. Consumers today will get slightly better mortgage pricing, as the 10-year yield has drifted lower a tad this morning. Hosted and on-premises options available. The companies expect to complete the divestiture of Empower and Optimal Blue 20 days after completing the merger. as does ICE Mortgage Technology, provider of the Encompass loan origination system. Share this article. (NYSE: ICE) and Black Knight, Inc. EST 2 Min Read. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 3%. Under the terms of the proposed order, Black Knight’s Optimal Blue business and Empower business, along with certain related products, will be divested to Constellation Web Solutions Inc. Optimal Blue | 9,901 followers on LinkedIn. | Optimal Blue, a division of Black. As a premier provider of high-performance software, data and analytics solutions for the mortgage, real estate and capital markets industries, we offer a wide range of solutions to help automate many of the business processes across the entire homeownership life cycle. While ICE’s mortgage technology operations serve business customers, Sprecher said the merged company will be able to provide data that. The FTC order also. TORONTO, ON September 15, 2023 – Constellation Software Inc. on Monday announced an agreement to sell Black Knight’s Optimal Blue business to a subsidiary of Constellation Software Inc. OBMMI includes multiple mortgage pricing indices developed around the most popular products and specific borrower and loan level attributes. Optimal Blue | 9,922 followers on LinkedIn. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity. Stockhouse. | Optimal Blue, a division of Black. Integrated directly with ICE Mortgage Technology software, Clover Connect offers transparent pricing, real-time reporting, next day funding, and other features like secure tokenization. “Black Knight’s Optimal Blue is the clear industry leader, serving lenders that originate as much as 40% of the nation’s residential mortgages each year,” the FTC’s petition states. The two firms will complete the divestiture of Black Knight’s Empower and Optimal Blue within 20. ”) (TSX: CSU) announced today that its Perseus operating group (“Perseus”) completed the acquisition of the Optimal Blue business and the Empower loan origination system (LOS. We are committed to making sure our clients and other mortgage professionals up to date on today's leading technology, the latest developments and new stories that feature our company, and the evolving mortgage. Optimal Blue has made it easier than ever before to connect your mortgage technology stack, ensuring accurate pricing and the best secondary marketing automation is always available to your users. or on-the-go. In addition to having one smooth process, some other benefits include: Find your LOS, POS, or PPE below to access helpful guides on accessing rates and ordering MI. Black Knight ‘s Optimal Blue released a product comparison feature in the company’s cloud-based Loansifter product, pricing and eligibility (PPE) engine for mortgage brokers. 1 deadline for Black Knight stockholders to choose the. The deal would drive up costs, reduce innovation, and. EST 2 Min Read. Plaid enables applications to connect with users. Impo rtantly, Optimal Blue is still fully available to ICE's customers, with ICE continuing to capture value through an existing revenue share arrangement for existing and new customers. S. Toronto-based Constellation Software will pay $700 million for. S. Pleasanton, CA. Divestiture contingent on closing of ICE’s acquisition of Black Knight Intercontinental Exchange, Inc. To win approval from regulators to merge with Intercontinental Exchange (ICE), Black Knight plans to sell 2 businesses to. In August 2023, the FTC approved a proposed consent order to resolve antitrust concerns surrounding Intercontinental Exchange, Inc. Optimal Blue | 10,551 followers on LinkedIn. JACKSONVILLE, Fla. Polly, a SaaS technology startup aiming to “transform” the mortgage capital markets, announced today that it has raised $37 million in a Series B funding round led by Menlo Ventures. 16. Optimal Blue | 9,953 followers on LinkedIn. This all but confirms speculation from lenders that Empower wasn’t a major factor in the. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. JACKSONVILLE, Fla. Canadian Mortgage Calculators made in BC by Select Mortgage. | Optimal Blue, a division of Black. | Optimal Blue, a division of Black. At ICE Mortgage Technology, we are transforming and digitizing the U. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. m. Optimal Blue | 10,401 followers on LinkedIn. 1 percent) and the Producer Price Index (-. So we think we can bring a lot of those. With the completion of the transaction, Black Knight stockholders expect to. kersch@bkfs. | Optimal Blue, a division of Black. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 8 percent from one week earlier, according to data from MBA. That is on top of the "unrivaled power" ICE would have in the U. 1 for its stockholders to decide if they want. 25% in August, the highest level in more than 20 years, before settling to 7. Doc Solutions in Encompass is a great way to stay in compliance with all state regulations. OPTIMAL BLUE PPE. Optimal Blue, founded in 2002, provides not only industry-leading solutions for originators and investors but also an enterprise-level, end-to-end platform that processes more than $750 billion. | Optimal Blue, a division of Black. Moreno, Optimal Blue’s newly appointed vice president of sales. At a key moment in Intercontinental Exchange's proposed purchase of Black Knight, the leadership at ICE Mortgage Technology is changing as Joe Tyrrell, the unit's president, is leaving the company. (TSX: CSU). 7 billion, or $75 per share. 323 percent lower on average than conventional in 2023. "Importantly, Optimal Blue is still fully available to ICE's customers with ICE continuing to capture value through an existing revenue share arrangement for existing and new customers," he said. Optimal Blue | 10,060 followers on LinkedIn. Going to Las Vegas for ICE Experience 2022? The Optimal Blue team wants to see you! Our team is passionate about end-to-end, digital mortgage experiences. 2 Black Knight goes through. (ICE) and Black Knight Inc. LendingTree’s online marketplace connects consumers with multiple lenders, empowering them as they. – July 27, 2020 – Black Knight, Inc. ICE Mortgage Technology Resource Center - Operating Normally - Service operating normally ICE. In addition to both firms’ decision to sell Empower and Optimal Blue to address antitrust concerns, ICE and Black Knight amended their deal terms to reduce the valuation of Black Knight to $11. In addition to both firms’ decision to sell Empower and Optimal Blue to address antitrust concerns, ICE and Black Knight amended their deal terms to reduce the valuation of Black Knight to $11. The two companies agreed to sell Black Knight’s Empower business and product and pricing engine unit Optimal Blue to a subsidiary of Canada’s. Optimal Blue | 10,801 followers on LinkedIn. ExperienceWhile ICE Mortgage Technology posted a much larger operating loss in the third quarter, it was profitable using a non-GAAP metric that assumes it has owned Black Knight since 2021. First American Docutech. com. At ICE Mortgage Technology, we are transforming and digitizing the U. Amrock. Sep 05, 2023 By Sarah Wheeler. September 7, 2022, 1:05 PM UTC. To win approval from regulators to merge with Intercontinental Exchange (ICE), Black Knight plans to sell 2 businesses to subsidiaries of software giant Constellation Software next month. (ICE), and its top competitor, Black Knight, Inc. ICE Mortgage Technology solutions enable lenders to originate more loans, lower origination costs, and. | Optimal Blue, a division of Black. king@ice. Get 7 Days Free Sign In Sign In TopicsOptimal Blue | 10,087 followers on LinkedIn. By streamlining the process, mortgage originators and borrowers can compare rates effortlessly with the option to lock the rates for up to 60 days. Optimal Blue | 10,868 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. New innovation actually comes from better integrations, so by creating even more openness within the Black Knight products, we will make it easier for other systems to integrate. | Optimal Blue, a division of Black. In addition to Empower, Black Knight’s mortgage technology products include mortgage servicing platform Compass Analytics, which Black Knight bought in 2019, and Optimal Blue, which Black Knight. Brad Finkelstein. | Optimal Blue, a division of Black. Following the completion of this merger, the mortgage lending and borrowing process will become more efficient and reduce overall costs for ICE in the future. Inman Connect Join us at Inman Connect New York >>The company said that this will “simplify” its organizational structure with Optimal Blue and raise its 2022 adjusted EPS by $0. mortgages, provides services to 62% of the top 50 lenders, supports $2. Our technology solutions enable lenders to originate more loans,. | Optimal Blue, LLC, operates the. 78. Intercontinental Exchange, Inc. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. | Optimal Blue, LLC, operates the. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 5, and subsequently in separate deals, Intercontinental Exchange had to sell the Empower loan origination system and Optimal. com ICE Investor Contact: Katia Gonzalez katia. | Optimal Blue, LLC, operates the. A 10-year commercial agreement has been entered into that codifies and extends the two-decade long relationship. Optimal Blue’s PPE utilizes comprehensive product and pricing functionality of the industry’s leading PPE to stay competitive and confidently execute the most profitable. (or the proposed divestiture of Black Knight’s Optimal Blue business or. S. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. According to Black Knight’s Optimal Blue Mortgage Market Indices, the standard 30-year mortgage rate pushed past previous month rising above the 7. Jul 17, 2023. brad-finkelstein-8b2b9a5/. Black Knight and Intercontinental Exchange (ICE) agreed to sell Optimal Blue as well as loan origination system, Empower, to Constellation in an effort to save the merger deal. | Optimal Blue, LLC, operates the. 07% at the end of the month; Overall rate lock volumes were down for the third consecutive month, falling 1. Optimal Blue | 10,053 followers on LinkedIn. IRVINE, Calif. Optimal Blue prices and locks 40% of U. Black Knight‘s Optimal Blue released a product comparison feature in the company’s cloud-based. (TSX. February 14, 2023, 4:12 p. Optimal Blue | 10,561 followers on LinkedIn. So, in my view ICE paid $13. Black Knight's Q4 profits slip as clients cope with challenges. The 30-year fixed rate for conventional loans, which hit 7. Visit Company Page. | Optimal Blue, LLC, operates the. The agreement follows the announced divestiture agreements for Black Knight’s Optimal Blue business and Empower loan origination system (LOS) business, which were announced earlier this year. 7, 2022 – Black Knight, Inc. " In particular, the FTC cited competition in product and pricing engines between Black Knight's Optimal Blue and the internal technology embedded in. S. Optimal Blue's Marketplace Platform provides integrated secondary marketing solutions to more than 2,000 clients nationwide, including hundreds of Ellie. Optimal Blue | 10,072 followers on LinkedIn. (or the proposed divestiture of Black Knight’s Optimal Blue business or. ICE and Black Knight announced that the Empower and Optimal Blue divestitures are now expected to be completed within 20 days of the closing of the merger. | Optimal Blue, LLC, operates the. Harness the power of the industry’s most widely used mortgage pricing engine – anytime, anywhere. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. Our technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency. 1 for its stockholders to decide if they want to receive. [email protected] User. Visit Company Page. Our pre-built Appraisal Bots for Encompass provide automation solutions of Appraisal. 7, 2022 – Black Knight, Inc. After the Optimal Blue agreement, the FTC agreed Aug. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. May 24, 2022, 11:20 a. ICE’s Encompass Product and Pricing Service PPE (EPPS) is a close second, it notes. October 04, 2023, 3:37 p. ICE Mortgage Technology is a leading cloud-based platform provider for the mortgage finance industry. After the Optimal Blue agreement, the FTC agreed Aug. – Sept. (NYSE:BKI) announced today the addition of ICE Mortgage Rate Lock Index Futures within. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. | Optimal Blue, a division of Black. 8. Get eligible products and interest rates in seconds and maintain compliance requirements, all in one place. ICE Mortgage Technology's GAAP operating income fell to $53 million from $86 million in the fourth. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue supports the industry's largest network for secondary market buyers and sellers on its premier Marketplace Platform. Optimal Blue | 9,931 followers on LinkedIn. | Optimal Blue, a division of Black. Intercontinental Exchange (ICE) has finalized its nearly $12 billion acquisition of Black Knight. 25% in August, the highest level in more than 20 years, before settling to 7. JACKSONVILLE, Fla. - Informational - Service informational message available - Due to a technical issue, for loans submitted using Encompass Investor Connect on 11/09 and 11/10, if your loan delivery status remains in. Optimal Blue, a secondary marketing automation platform provider, announced the release of a new interactive pricing index for the mortgage market. According to the mortgage data and analytics company Optimal Blue, VA loan rates have remained . At ICE Mortgage Technology, we are transforming and digitizing the U. | Optimal Blue, a division of Black. Suite 260. the possibility that the proposed divestitures of Black Knight’s Optimal Blue business. Anow. POS PARTNER POS NAME LIVE RATESTAR® RATE CARD USER GUIDE BeSmartee BeSmartee X CloudvirgaTM (A Stewart Company) Consumer & Originator Point-of-Sale X FinastraTM Originate Mortgagebot (Formerly MortgagebotPOSTM) X Mortgage Coach ®Mortgage Coach X X. Shares of Black Knight rose 4. By continuing to use our service, you agree to our use of cookies. To support the acquisition, ICE has agreed to divest Black Knight’s Optimal Blue and Empower loan origination system (LOS) businesses to subsidiaries of Constellation Software – which are. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. ICE and Black Knight entered into a divestiture agreement in connection with efforts to secure regulatory clearance of ICE’s proposed acquisition of Black Knight, a $13. It can be easy to over customize Encompass because of its flexibility. | Optimal Blue, LLC, operates the. S. brad-finkelstein-8b2b9a5/. Intercontinental Exchange, Inc. Pros and Cons. Optimal Blue | 10,318 followers on LinkedIn. (Reuters) -U. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. Optimal Blue | 10,169 followers on LinkedIn. Under terms of the divestiture agreement, Constellation will acquire Black Knight’s Optimal Blue business for $700 million. OPTIMAL BLUE PARTNER NETWORK Largest secondary marketing network, turnkey connections with leading technology vendors. July 10, 2023, 1:35 pm By Connie Kim A divesture of Black Knight ‘s product and pricing engine unit Optimal Blue is a feasible path to guarantee the merger deal with. ATLANTA & NEW YORK & JACKSONVILLE, Fla. Current Mortgage Rates Today: Nov. m. 78%, climbing 37 basis points (bps) from the end of. Optimal Blue | 10,619 followers on LinkedIn. Optimal Blue | 11,013 followers on LinkedIn. AI Foundry. Optimal Blue | 10,109 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. com. 415-212-8469. | Optimal Blue, a division of Black. 84. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. According to Black Knight’s Optimal Blue Mortgage Market Indices, the standard 30-year mortgage rate pushed past previous month rising above the 7. That’s far from a certainty, given the deal's regulatory issues. Homebuyers faced high mortgage rates, worsening affordability in October: ICE ; Mortgage industry mourns death of Patti Cook ; HUD employees in 2023 feel ‘safer’ and more ‘valued,’ survey. Under the terms of the final consent order, Black Knight’s Optimal Blue and Empower businesses, which provide critical services in the mortgage origination process, were divested to Constellation Web Solutions Inc. 25% in the first week of April before finishing at 6. A trio of top leaders at Optimal Blue have exited the company several weeks after Constellation Software closed on the purchase from Black Knight, the new owners confirmed. 00%, and jumbo loans up to 7. 1 billion acquisition of Black Knight, Inc. National Mortgage Professional, July 17, 2023-David Krechevsky Intercontinental Exchange Inc. Optimal Blue | 10,170 followers on LinkedIn. , September 05, 2023--Intercontinental Exchange, Inc. | Optimal Blue, a division of Black. BESTX™ Mortgage Insurance Quotes in Optimal Blue Optimal Blue has partnered with all six mortgage insurance (MI) companies to create an easy way to compare MI provider premium quotes for the most common MI types in one step. 8. Shares of Black Knight Inc. Intercontinental Exchange (ICE) and Black Knight announced Monday they have agreed to sell Black Knight's mortgage pricing platform, Optimal Blue, to a. 0682 shares of ICE stock per Black Knight share. 7 billion. ATLANTA & NEW YORK & JACKSONVILLE, Fla. Constellation Software handed the keys to Empower, Optimal Blue. Today, Black Knight, Inc. Ellie Mae: was ELLI:NYSE, now ICE Mortgage Technology. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. residential mortgage process, from consumer engagement through loan registration. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that the ICE Experience Conference is being. (NYSE:BKI) announced today the addition of ICE Mortgage Rate Lock Index Futures within CompassPoint, the leading risk. has been climbing since borders opened post-Covid, with 30,662 encountered in the 2021 fiscal year and 63,927. Optimal Blue's live modeling functionality and exclusive Shock Analysis tools enable lenders to easily compare current hedge positions to modeled position and: Maintain. Together, we transform, streamline and automate industries to connect our customers to opportunity. ICE and Black Knight will transfer a promissory note used to finance Constellation’s purchase of the Optimal Blue business to a trustee, who will be responsible for selling the note within six. S. | Optimal Blue, a division of Black. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. A paper issued by Federal Financial Analytics on Feb. –(BUSINESS WIRE)–Intercontinental Exchange, Inc. | Optimal Blue, LLC, operates the. | Optimal Blue, a division of Black. ’s (ICE) proposed $13. . Recently, Intercontinental Exchange (ICE) announced a plan to acquire Black Knight in a reported $13 billion deal that, if approved by federal. Lead QA Analyst. | Optimal Blue, a division of Black Knight, operates the mortgage industry’s digital marketplace. S. Together, we transform, streamline and automate industries to connect our customers to opportunity. Full year 2023 ICE Mortgage Technology (IMT) revenues including the. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 41%, with FHA at 7. ’s takeover offer as Wall Street bolstered bets the deal will go through after the mortgage software provider sold. Optimal Blue | 10,107 followers on LinkedIn. #OBProductCorner 7Intercontinental Exchange, Inc. We follow an iterative release cycle, so we have a release about every 3-4 weeks. The FTC dropped a lawsuit challenging the purchase after ICE agreed to divest some Black Knight. The settlement comes after Black Knight agreed to divest a portion of its company, including selling Optimal Blue to Constellation Software for $700 million. Originations Editor, National Mortgage News. At ICE Mortgage Technology, we are transforming and digitizing the U. (NYSE: BKI), a software, data and analytics company that serves the housing finance continuum, including real estate data, mortgage lending and servicing, as well as the secondary markets, today. Led a team that was responsible for business development throughout the mortgage. 45%, for an average of 6. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 8. king@ice. 72 on Monday, after gaining more than 12% since the deal was announced in May 2022. The Optimal Blue PPE's. So we think we can bring a lot of those. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Second to Optimal Blue is its close competitor, ICE's Encompass Product and Pricing Service PPE ("EPPS"), currently available only to lenders who use the Encompass LOS. 6 called on regulators to reject the transaction because ICE, which also owns the New York Stock Exchange among other entities, already poses broad systemic risks to the economy. Media requests and inquiries: Samantha MacKendrick.