The Federal Trade Commission is taking action to block the proposed merger between the nation’s largest provider of home mortgage loan origination systems and other key lender software tools, Intercontinental Exchange, Inc. The FTC order also. ICE Mortgage Technology is a leading cloud-based platform provider for the mortgage finance industry. The companies expect to complete the divestiture of Empower and Optimal Blue 20 days after completing the merger. ICE’s Encompass Product and Pricing Service PPE (EPPS) is a close second, it notes. Brad Finkelstein. Share this article. | Optimal Blue, LLC, operates the. . S. According to Black Knight’s Optimal Blue Mortgage Market Indices, the standard 30-year mortgage rate pushed past previous month rising above the 7. , the FTC has filed a joint stipulation for dismissal alongside. 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. Intercontinental Exchange (ICE) and Black Knight announced Monday they have agreed to sell Black Knight's mortgage pricing platform, Optimal Blue, to a. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. linkedin. Moreno, Optimal Blue’s newly appointed vice president of sales. 5% from July, driven by a 1. Visit Company Page. 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. Optimal Blue | 9,948 followers on LinkedIn. ’s takeover offer as Wall Street bolstered bets the deal will go through after the mortgage software provider sold. TORONTO, ON September 15, 2023 – Constellation Software Inc. October 04, 2023, 3:37 p. So we think we can bring a lot of those. The Federal Trade Commission is expected to challenge the $13 billion takeover of mortgage data company Black Knight by financial services giant Intercontinental Exchange. S. ICE’s EPPS also competes directly with Black Knight’s Optimal Blue PPE for the business of lenders using ICE’s Encompass LOS. Optimal Blue | 9,931 followers on LinkedIn. Subscribe. (or the proposed divestiture of Black Knight’s Optimal Blue business or. 06 Sep 2023. FirstClose. | Optimal Blue, a division of Black. S. | Optimal Blue, a division of Black. Doc Solutions in Encompass is a great way to stay in compliance with all state regulations. (“Constellation”) (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) business from Intercontinental Exchange, Inc. A pricing engine is an automated software solution that allows the mortgage originator to enter variables like employment details, credit details, and desired loan details. 18 Jul 2023. HEDGING. Full year 2023 ICE Mortgage Technology (IMT) revenues including the. Since 1985, Byte has provided innovative mortgage workflow solutions that are simple to implement, use and administrate. Brad Finkelstein. Constellation Software handed the keys to Empower, Optimal Blue. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue | 10,660 followers on LinkedIn. Black Night’s Optimal Blue is sold. Under the terms of the final consent order, Black Knight’s Optimal Blue and Empower businesses, which provide critical services in the mortgage origination. The Optimal Blue Mortgage Market Indices showed 30-year conforming rates dipping below 6. Divestiture contingent on closing of ICE’s acquisition of Black Knight Intercontinental Exchange, Inc. Mission Viejo, CA 92691, US. Optimal Blue | 9,922 followers on LinkedIn. Using this service, lenders can get rate sheets faster, keep. Encompass. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. drew closer to Intercontinental Exchange Inc. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. which together created the foundation of its ICE Mortgage Technology business segment. S. Optimal Blue delivers the industry's leading Product, Pricing and Eligibility (PPE) engine that prices over 40% of locks in the U. Originations Editor, National Mortgage News. 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 „. Optimal Blue | 10,053 followers on LinkedIn. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. At ICE Mortgage Technology, we are transforming and digitizing the U. | Optimal Blue, LLC, operates the. CONNECTIONS. com uses cookies on this site. Black Knight ready to sell Empower to address antitrust concerns. | Optimal Blue, a division of Black. Optimal Blue | 10,504 followers on LinkedIn. –(BUSINESS WIRE)–Intercontinental Exchange, Inc. | Optimal Blue, a division of Black. ”) (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. --(BUSINESS WIRE)-- Intercontinental Exchange, Inc. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Sep 05, 2023 By Sarah Wheeler. m. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Adeptive Software. | Optimal Blue, LLC, operates the. 7 billion. ’s (ICE) proposed $13. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. We follow an iterative release cycle, so we have a release about every 3-4 weeks. 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. mortgage industry and is fully integrated with the. September 15, 2020. | Optimal Blue, a division of Black. Optimal Blue | 10,072 followers on LinkedIn. | Optimal Blue, LLC, operates the. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. So we think we can bring a lot of those. 16. | Optimal Blue, a division of Black. Pros and Cons. First Horizon Bank. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue | 9,926 followers on LinkedIn. JACKSONVILLE, Fla. Get directions. , a global provider of data, technology and market infrastructure, in connection with its acquisition of Black Knight, has completed the sale of Black Knight’s Optimal Blue and Empower loan origination system (LOS) businesses to the Perseus operating group, a subsidiary of Constellation Software. 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. | Optimal Blue, LLC, operates the. 3%. Optimal Blue supports the industry's largest network for secondary market buyers and sellers on its premier Marketplace Platform. “We. Share. 09/15/2023 - 08:30 AM . Together, we transform, streamline and automate industries to connect our customers to opportunity. 16% the previous week. , September 05, 2023--Intercontinental Exchange, Inc. 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 to drop a federal lawsuit seeking to block ICE’s acquisition of Black Knight. † ‡ ˆ ‰ Š ‹ Œ Ž ÿÿÿÿÿMOptimal Blue, Dark Matter Technologies, Mortgage Builder, ReverseVision, which is a reverse mortgage LOS and a document storage business called Axacore. 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. | Optimal Blue, a division of Black. The transaction closed on Sept. 1 percent) and the Producer Price Index (-. Optimal Blue | 10,867 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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. 07% at the end of the month; Overall rate lock volumes were down for the third consecutive month, falling 1. 07% at the end of the month; Overall rate lock volumes were down for the third consecutive month, falling 1. | Optimal Blue, LLC, operates the. The Federal Trade Commission is expected to challenge the $13 billion takeover of mortgage data company Black Knight by financial services giant Intercontinental Exchange. 7, 2022 – Black Knight, Inc. 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. Encompass CRM by ICE Mortgage Technology. Optimal Blue | 9,953 followers on LinkedIn. A live audio webcast of the conference call will be available on the company’s website at in the investor relations section. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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. S. The new terms call for approximately $68 in cash and 0. EPPS provides only the most basic functionalities of aggregating and displaying mortgage rate pricing. Connect one-way to launch out to Loansifter with your pre-filled search scenario. Optimal Blue | 10,866 followers on LinkedIn. (ICE) and Black Knight Inc. This Marketplace Platform connects lenders, investors and vendors with comprehensive secondary. May 17, 2022. 323 percent lower on average than conventional in 2023. This Marketplace Platform connects lenders, investors and vendors with comprehensive. The structure of the proposed transaction includes a payment by. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. Optimal Blue’s BESTX™ MI is the most efficient way for loan officers to find the mortgage insurance option that. Two firms will complete the divestiture of Black Knight's Empower business and Optimal Blue within 20 days. PRODUCT. LendingHUB for all admin related items. for $700 million. 475 billion in sales again this year after buying out partners in Optimal Blue. (or the proposed divestiture of Black Knight’s Optimal Blue business or. Company Summary - Optimal Blue, which is a division of Black Knight, continues to be one of the leading mortgage digital. residential mortgage process, from consumer engagement through loan registration. Optimal Blue | 10,144 followers on LinkedIn. View mortgage calculators to find out what you qualify for, compare mortgages, and see what impact. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Black Knight ready to spin off Empower, Optimal Blue businesses. Optimal Blue, a Division of Black Knight, Adds ICE Mortgage Rate Lock Index Futures to CompassPoint, Leading Hedge Analytics and MSR Valuation Platform. Optimal Blue's Marketplace Platform provides integrated secondary marketing solutions to more than 2,000 clients nationwide, including hundreds of Ellie. Optimal Blue | 10,973 followers on LinkedIn. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight. Optimal Blue | 10,111 followers on LinkedIn. In 2020, ICE acquired Ellie Mae for $11 billion. | Optimal Blue, LLC, operates the. To ensure the success of these divestitures, ICE and Black Knight are required to. residential mortgage process, from consumer engagement through loan registration. Optimal Blue | 10,107 followers on LinkedIn. Black Knight’s Optimal Blue product, pricing and. 1 bn for the Servicing (MSP) and Product Pricing (Optimal Blue) platforms. Press Releases | September 7, 2022; Black Knight’s Craig Rebmann Named by HousingWire as a 2022 Insiders Award Winner. Optimal Blue | 10,186 followers on LinkedIn. ARMCO. Optimal Blue offers a SaaS marketplace platform connecting mortgage originators and investors. 0. Optimal Blue and Loansifter are owned by Black Knight which is currently in the process of an acquisition by ICE Mortgage Technologies to create a huge mortgage and real estate technology marketplace. She is also a Licensed Real Estate Broker and has. In addition to selling Empower and Optimal Blue, FTC consent order would require ICE and Black Knight to seek prior approval before acquiring an interest in another loan origination system. Optimal Blue | 10,143 followers on LinkedIn. ’s (ICE) proposed $11. ICE Mortgage Technology solutions enable lenders to originate more loans, lower origination costs, and. A live audio webcast of the conference call will be available on the company’s website at in the investor relations section. MAXEX is an approved seller to Fannie Mae, a government agency that provides liquidity to low- and moderate-income mortgage borrowers. 25% in August, the highest level in more than 20 years, before settling to 7. MAXEX delivers daily pricing to Optimal Blue, a leading mortgage. 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. Auction. The settlement comes after Black Knight agreed to divest a portion of its company, including selling Optimal Blue to Constellation Software for $700 million. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Published July 17, 2023 Getty Images Key Takeaways ICE and Black Knight are selling Black Knight's Optimal Blue business. 58. Black Night’s Optimal Blue is sold. Oct 1999 - Oct 201415 years 1 month. MAXEX integrates into Encompass Investor Connect and delivers daily pricing to EPPS, ICE’s product & pricing engine (PPE). Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue, a division of Black Knight, delivers powerful solutions for the secondary market. But MERS is now getting a competitive threat from Blue Sage Solutions, First American Docutech and Figure Technologies called Digital Asset Registration Technologies. Dark Matter Technologies, which completed the acquisition of Black Knight’s Empower and Optimal Blue last week, will be working towards a smooth transition over to Constellation Software with. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 1 trillion of rate locks and processes more than 500 million rate searches annually. 14% at Mortgage News Daily two weeks ago, was 6. ICE Mortgage Technology, part of Intercontinental Exchange, Inc. By contrast, Black Knight’s Optimal Blue PPE is a standalone commercial PPE available on more than a dozen LOS platforms. At ICE Mortgage Technology, we are transforming and digitizing the U. The two firms will complete the divestiture of Black Knight’s Empower and Optimal Blue within 20. It can be easy to over customize Encompass because of its flexibility. 25% in August, the highest level in more than 20 years, before settling to 7. 07% at the end of the monthThe Optimal Blue Mortgage Market Indices™ or OBMMI™ are uniquely positioned to provide unparalleled transparency into mortgage rates by utilizing observed, real-time lock data from approximately 42% of the market. Optimal Blue | 10,170 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Together, we transform, streamline and automate industries to connect our customers to opportunity. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 21, 202330-year fixed mortgage rate: 7. Optimal Blue delivers a product, pricing and eligibility (PPE) engine that prices over 40% of locks in the U. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 8. | Optimal Blue, a division of Black. 5% to $74. Optimal Blue prices and locks 40% of U. | Optimal Blue, a division of Black. residential mortgage process, from consumer engagement through loan registration. In May,. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 390M+ rate searches and we lock 42% of mortgages completed annually. 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. Originations Editor, National Mortgage News. Optimal Blue delivers the industry's leading Product, Pricing and Eligibility (PPE) engine that prices over 40% of locks in the U. 1 for its stockholders to decide if they want. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Pros and Cons. residential mortgage process, from consumer engagement through loan registration. – Sept. | Optimal Blue, a division of Black. | Optimal Blue, a division of Black. MLO Shift. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. (NYSE: BKI), a software, data and analytics company that serves the housing finance continuum, including real estate. ICE’s Encompass Product and Pricing Service PPE (EPPS) is a close second, it notes. Thoma Bravo took Ellie Mae private in a $3. 8. 9% decrease in. ICE rival Black Knight made its competing of Optimal Blue Mortgage Market Indices (OBMMI) available on Nasdaq’s Global Index Data Service (GIDS) platform in July 2020. | Optimal Blue, LLC, operates the. This data is aggregated daily and split in informative and novel ways, covering not only conventional 30- and 15-year fixed. 4% and was trading at $115. Arch Mortgage Insurance. 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. (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. Visit Company Page. IRVINE, Calif. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. ICE, Black Knight agree to sell Optimal Blue in hopes to win merger approval SA News Mon,. By taking advantage of the resources offered by the New York Mortgage Bankers Association, you will be in a position to meet the demands of today’s competitive. ICE Mortgage Technology combines data and expertise to help automate the mortgage process – from consumer engagement through loan registration, and every step in between. 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. 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. 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. ICE Mortgage Technology is a company that focuses on providing. | Optimal Blue, a division of Black. 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. Encompass Product & Pricing Service ™ is a robust pricing engine integrated into the Encompass Digital Mortgage Solution. Begin your automation journey by automating the appraisal ordering process. | Optimal Blue, LLC, operates the. Polly. 5 percent, core +. Capabilities include product, pricing and eligibility, hedge analytics, loan trading, MSR valuation, social media monitoring and publishing, and counterparty oversight. 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. m. Optimal Blue | 10,159 followers on LinkedIn. Optimal Blue | 9,866 followers on LinkedIn. ICE Investor Contact: Katia Gonzalez katia. Back. OBMMI includes multiple mortgage pricing indices developed around the most popular products and specific borrower and loan level attributes. Contacts. Optimal Blue | 10,569 followers on LinkedIn. "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. website maker. The ICE Mortgage Rate Lock Index Futures can be added to CompassPoint, which is used by industry professionals to hedge more than $100 billion of closed loan volume monthly. | Optimal Blue, a division of Black. At ICE Mortgage Technology, we are transforming and digitizing the U. President & Chair -ICE Mortgage Technology, Intercontinental Exchange, Inc. Mortgage lenders may be losing control of their LOS options. , September 05, 2023--Intercontinental Exchange, Inc. Black Knight is hiring an MSR Account Manager in its Optimal Blue division. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight, Inc. Some in the industry are concerned that ICE will now dominate the mortgage technology market. 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. website maker Intercontinental Exchange Inc. | Optimal Blue, LLC, operates the. The Top Mortgage Product Pricing Engines are: 1) Optimal BlueOptimal Blue | 9,985 followers on LinkedIn. 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. S. 83% in October before clawing back to 7. 7B deal in February 2019. mortgage industry and is fully integrated with the CompassPoint platform. ICE Media Contact: Josh King josh. brad-finkelstein-8b2b9a5/. com (212) 656-2490 Damon Leavell damon. | Optimal Blue, a division of Black. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. , September 15, 2023--Intercontinental Exchange, Inc. 1 deadline for Black Knight stockholders to choose the. 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. S. Intercontinental Exchange buys Ellie Mae for $11B. 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. ICE Mortgage Technology Resource Center - Operating Normally - Service operating normally ICE. According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. National Mortgage Professional, July 17, 2023-David Krechevsky Intercontinental Exchange Inc. The companies declined to answer questions about the revised terms or the asset sale, including whether the reduced compensation was related to. Optimal Blue supports the industry's largest network for secondary market buyers and sellers on its premier Marketplace Platform. (NYSE:BKI) announced today the addition of ICE Mortgage Rate Lock Index Futures within CompassPoint, the leading risk. included an agreement that will give ICE mortgage technology clients access to Optimal Blue’s data services under its new ownership. 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. ATLANTA & NEW YORK & JACKSONVILLE, Fla. 5, and subsequently in separate deals, Intercontinental Exchange had to sell the Empower loan origination system and Optimal. . Optimal Blue | 10,942 followers on LinkedIn. By continuing to use our service, you agree to our use of cookies. Analysts at investment banking firm Keefe, Bruyette & Woods (KBW) had said a divestiture of Black Knight’s Optimal Blue would be a feasible path to guarantee the. Optimal Blue. 25910 Acero. Kevin Foley, CFA, Director of Product Management at Optimal Blue, highlights a few new benefits with the new Encompass Partner Connect [email protected]. (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. | Optimal Blue, a division of Black. | Optimal Blue, a division of Black. 97% on Wednesday. Intercontinental Exchange (ICE) has finalized its nearly $12 billion acquisition of Black Knight. Visit Company Page. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. At ICE Mortgage Technology, we are transforming and digitizing the U. finkelstein@arizent. | Optimal Blue, a division of Black. This data is aggregated daily and split in informative and novel ways, covering not only conventional 30- and 15-year fixed rate. 72 on Monday, after gaining more than 12% since the deal was announced in May 2022. Black Knight owns the Optimal Blue product and pricing engine. Optimal Blue | 10,619 followers on LinkedIn. TURNKEY CONNECTIONS. Optimal Blue Status Center Home Forums . According to Black Knight’s Optimal Blue Mortgage Market Indices, the standard 30-year mortgage rate pushed past previous month rising above the 7. IPO / M&A Mortgage Origination Technology ICE, Black Knight merger deal to close September 5. | Optimal Blue, LLC, operates the. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight, Inc. Visit Company Page. Private equity firm GTCR announced it acquired Plano, Texas-based Optimal Blue, a cloud-based provider of enterprise lending services to the mortgage industry. "ICE's determination to move forward with the purchase, even being willing to divest Empower and Optimal Blue, implies that they see significant vertical integration pricing advantages of becoming the dominant player in software services for both mortgage origination and servicing," the letter said. If you’d like to discuss your business goals with one of our secondary marketing. (Constellation), a provider of mortgage-related tools and software, along with certain related products. The agency said Black Knight’s Optimal Blue unit is the dominant PPE system, “a software used to identify and secure loan rates when generating a mortgage,” and ICE operates Optimal Blue’s largest rival. Optimal Blue’s secondary solutions then extend into loan trading with ResiTrader, a loan trading platform which represented $1. Black Knight integrates Wolters Kluwer's tech with digital mortgage closing solution SA News Thu, Feb. Optimal Blue | 10,353 followers on LinkedIn. January 4, 2021. (ICE), and its top competitor, Black Knight, Inc. Optimal Blue | 10,315 followers on LinkedIn. Black Knight‘s Optimal Blue released a product comparison feature in the company’s cloud-based. First up, Ellie Mae’s mortgage loan origination software platform, Encompass, offers a straightforward, web-based service for loan officers. 8. Together, we transform, streamline and automate industries to connect our customers to opportunity. ICE Mortgage Technology is a leading cloud-based platform provider for the mortgage finance industry. By Niket Nishant. Rates are now roughly a quarter point higher than the highs in fall 2022. ICE Mortgage Technology President Tim Bowler on mortgage automation . Under the proposed order, Black Knight's Optimal Blue and Empower businesses will be sold to Constellation Software (OTCPK:CNSWF). Just weeks after published reports that Optimal Blue was up for sale, fintech giant Black Knight Inc. Loan compliance is easy with the use of Mavent through Encompass. | Optimal Blue, a division of Black. (NYSE: ICE) and Black Knight, Inc. , Nov. . 8. Optimal Blue.