The misuse found by the arbitrator involved PennyMac’s Servicing Systems Environment.
ICE acquired Black Knight in September.
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Navigating the Lending Landscape Amid Rising Interest Rates Explore the challenges and strategies in the lending landscape amid rising interest rates. Discover how lenders are adapting and educating borrowers.
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ICE Wins $155M From PennyMac in Mortgage Tech Dispute
An arbitrator has ruled that PennyMac must pay Intercontinental Exchange an award totaling more than $155 million for the unauthorized use of confidential information from ICE-owned Black Knight. So reports FinTech Global.
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