Selling Empower would be a move by the mortgage data vendor to address U.S. antitrust worries about Black Knight’s proposed $13.1 billion purchase by Intercontinental Exchange.
ICI bought Ellie Mae for $11 billion in 2020.
Explore the latest evolution in mortgage origination, from digital platforms to AI-driven solutions, reshaping the loan processing landscape for lenders and borrowers.
Estimated reading time: 0 minutes, 20 seconds
Black Knight has opted to put its Empower loan origination software business up for sale, according to sources with knowledge of the situation. So reports Reuters.
Selling Empower would be a move by the mortgage data vendor to address U.S. antitrust worries about Black Knight’s proposed $13.1 billion purchase by Intercontinental Exchange.
ICI bought Ellie Mae for $11 billion in 2020.