Mortgage industry trainer Ron Vainberg, president of Ron Vainberg International, has shared some tips on raising profits in a slow sales environment. So reports TheMReport.
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The Federal Trade Commission voted 4-0 for a lawsuit to stop Black Knight’s proposed $13 billion purchase by Intercontinental Exchange. So reports Bloomberg.
“This deal would reduce competition in key areas of the mortgage process, ultimately raising costs for lenders and home buyers," Patty Brink, acting deputy director of the FTC’s Bureau of Competition, said in a statement.
ICE, which owns mortgage software company Ellie Mae, said it will “vigorously oppose” the FTC’s suit, filed in the regulator’s in-house court.
