The companies declined to answer questions about the revised terms or the asset sale, including whether the reduced compensation was related to. (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. 14% at Mortgage News Daily two weeks ago, was 6. For each release, I work with. com (678) 981. Full year 2023 ICE Mortgage Technology (IMT) revenues including the. The Optimal Blue Mortgage Market Indices™ or OBMMI™ are uniquely. First up, Ellie Mae’s mortgage loan origination software platform, Encompass, offers a straightforward, web-based service for loan officers. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Intercontinental Exchange, Inc. Connect one-way to launch out to Loansifter with your pre-filled search scenario. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. (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. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that the ICE Experience Conference is being. Besides what was known as Ellie Mae, ICE Mortgage Technology owns Simplifile and MERS. The Commission voted 3-0 to accept the consent order, according. 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. 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. 8. At ICE Mortgage Technology, we are transforming and digitizing the U. | 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 | 11,010 followers on LinkedIn. Black Knight‘s Optimal Blue released a product comparison feature in the company’s cloud-based. | Optimal Blue, a division of Black. ICE Mortgage Technology, part of Intercontinental Exchange, Inc. 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. | Optimal Blue, LLC, operates the. to address antitrust concerns. (NYSE: BKI) today announced that, in connection with their previously announced merger agreement for ICE’s acquisition of Black Knight, they have agreed to sell Black Knight’s Optimal Blue. Participants may also listen via telephone by dialing 833. | Optimal Blue, LLC, operates the. Doc Solutions in Encompass is a great way to stay in compliance with all state regulations. | Optimal Blue, a division of Black. – July 27, 2020 – Black Knight, Inc. S. A . S. 7 billion, or $75 per share. | Optimal Blue, LLC, operates the. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue recognized for its innovative and impactful solutions in the U. website maker. | Optimal Blue, a division of Black. 25% in August, the highest level in more than 20 years, before settling to 7. (NYSE:BKI), a leading provider of integrated software, data and analytics to the mortgage and real estate industries, today announced it has entered into a definitive equity purchase agreement with affiliates of private equity firm GTCR, LLC, to purchase Optimal Blue, a. Optimal Blue | 10,551 followers on LinkedIn. | Optimal Blue, a division of Black. 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. Optimal Blue | 9,886 followers on LinkedIn. | Optimal Blue, a division of Black. (NYSE: ICE), is the leading cloud-based loan origination platform provider for the mortgage industry. Company Summary - Optimal Blue, which is a division of Black Knight, continues to be one of the leading mortgage digital. The Federal Trade Commission is seeking a temporary restraining order to block International Exchange Inc. In August 2023, the FTC approved a proposed consent order to resolve antitrust concerns surrounding Intercontinental Exchange, Inc. 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. Optimal Blue | 10,913 followers on LinkedIn. | Optimal Blue, a division of Black. 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. Visit Company Page. 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. - 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. However, by the end of that day it had sunk back to close at $72. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Polly. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. However, the deals to sell those units to Constellation Software Inc. Optimal Blue | 10,060 followers on LinkedIn. Visit Company Page. 18 Jul 2023. | Optimal Blue, a division of Black. (or the proposed divestiture of Black Knight’s Optimal Blue business or its Empower. This data is aggregated daily and split in informative and novel ways, covering not only conventional 30- and 15-year fixed rate. Share this article. housing economy HousingWire. Intercontinental Exchange (ICE) and Black Knight announced Monday they have agreed to sell Black Knight's mortgage pricing platform, Optimal Blue, to a. After the Optimal Blue agreement, the FTC agreed Aug. Optimal Blue | 9,931 followers on LinkedIn. Sep 05, 2023 By Sarah Wheeler. Optimal Blue | 10,504 followers on LinkedIn. ICE Mortgage Technology President Tim Bowler on mortgage automation . 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. "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. When the data is submitted, the pricing engine returns different loan pricing scenarios based on a borrower’s unique profile. 390M+ rate searches and we lock 42% of mortgages completed annually. Intercontinental Exchange buys Ellie Mae for $11B. It can be easy to over customize Encompass because of its flexibility. Under. Jan 2013 - Sep 20152 years 9 months. The Optimal Blue Mortgage Market Indices showed 30-year conforming rates dipping below 6. | Optimal Blue, a division of Black. 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. By Niket Nishant. Optimal Blue, a division of Black Knight, operates the mortgage industry’s digital marketplace. mortgages, provides services to 62% of the top 50 lenders, supports $2. September 7, 2022, 1:05 PM UTC. 323 percent lower on average than conventional in 2023. Get eligible products and interest rates in seconds and maintain compliance requirements, all in one place. | Optimal Blue, a division of Black. Optimal Blue | 9,922 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 1 for its stockholders to decide if they want to receive. 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. As previously announced, the. ICE Mortgage Technology’s Encompass IMT Open Network IMT Open Network • Encompass is ICE’s end-to-end, single system of record digital lending software. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced. Published July 17, 2023 Getty Images Key Takeaways ICE and Black Knight are selling Black Knight's Optimal Blue business. 1 trillion of rate locks and processes more than 500 million rate searches annually. com ICE Investor Contact: Katia Gonzalez katia. (Constellation), a provider of mortgage-related tools and software. Optimal Blue is the leading provider of enterprise secondary marketing automation in the mortgage industry, with its platform locking 34% of mortgages completed nationwide. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. Optimal Blue Adds ICE Mortgage Rate Lock Index Futures to CompassPoint. | Optimal Blue, a division of Black. | Optimal Blue, a division of Black. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Consumers today will get slightly better mortgage pricing, as the 10-year yield has drifted lower a tad this morning. Originations Editor, National. Optimal Blue is a mortgage automation platform that helps automate pipeline management. 5 percent, core +. President & Chair -ICE Mortgage Technology, Intercontinental Exchange, Inc. Contacts. 7, 2022 – Black Knight, Inc. 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. 8. (NYSE:BKI) announced today the addition of ICE Mortgage Rate Lock Index Futures within CompassPoint, the leading risk management and loan sale platform offered by Optimal Blue, a division of Black Knight. Visit Company Page. President of ICE Mortgage Technology answers frequently asked questions about the acquisition . Optimal Blue Status Center Home Forums . Optimal Blue offers a SaaS marketplace platform connecting mortgage originators and investors. on Monday announced an agreement to sell Black Knight’s Optimal Blue business to a subsidiary of Constellation Software Inc. Adeptive Software. ATLANTA & NEW YORK & JACKSONVILLE, Fla. 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. ICE already offers its own popular mortgage loan. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Point of Sale (POS) — Access Arch MI’s competitive rates. 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. 1 billion acquisition of Black Knight, Inc. Optimal Blue | 9,901 followers on LinkedIn. | Optimal Blue, a division of Black. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Regulators fire warning shot over bow of mortgage comparison sites. , now part of Intercontinental Exchange, Inc. | Optimal Blue, LLC, operates the. ICE and Black Knight has since announced that it will sell Black Knight’s LOS Empower business and Optimal Blue to a subsidiary of Constellation Software Inc. Velocify, Five9, Optimal Blue, Smartfees, Consumer Connect/Digital Mortgage, Business Development, JIRA, Confluence. February 14, 2023, 4:12 p. A divesture of Black Knight‘s product and pricing engine unit Optimal Blue is a feasible path to guarantee the merger deal with Intercontinental Exchange Inc. Encompass has its own, less robust, PPE and the customer overlap could also raise regulatory concerns, he added. which was spun off as Black Knight and is now part of ICE. Divestiture contingent on closing of ICE’s acquisition of Black Knight Intercontinental Exchange, Inc. February 14, 2023, 4:12 p. 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. ICE’s Encompass Product and Pricing Service PPE (EPPS) is a close second, it notes. S. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. At ICE Mortgage Technology, we are transforming and digitizing the U. According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. Optimal Blue | 10,169 followers on LinkedIn. 4% and was trading at $115. 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. Encompass CRM by ICE Mortgage Technology. Stockhouse. May 17, 2022. com uses cookies on this site. Optimal Blue | 10,115 followers on LinkedIn. ICE Mortgage Technology is a company that focuses on providing. At ICE Mortgage Technology, we are transforming and digitizing the U. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight. Optimal Blue, which has a 40% share of product and pricing engine users, is another possible regulatory concern. | Optimal Blue, a division of Black. July 17 (Reuters) - U. Share. † ‡ 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. Jul 17, 2023. Optimal Blue | 10,315 followers on LinkedIn. Optimal Blue, a division of Black Knight, operates the mortgage industry’s digital marketplace. (ICE), and its top competitor, Black Knight, Inc. MAXEX is an approved seller to Fannie Mae, a government agency that provides liquidity to low- and moderate-income mortgage borrowers. Optimal Blue | 10,169 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. (NYSE:BKI) announced today the addition of ICE Mortgage Rate Lock Index Futures within. 09/15/2023 - 08:30 AM . Both are most popular in their respective areas. The companies expect to complete the divestiture of Empower and Optimal Blue 20 days after completing the merger. By continuing to use our service, you agree to our use of cookies. TURNKEY CONNECTIONS. 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. OPTIMAL BLUE PPE. IRVINE, Calif. So, if you take a look at somebody like ICE as a for instance, so they’ve got MERS. October 04, 2023, 3:37 p. iFOLIO. – Sept. 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 Mortgage Market Indices™ (OBMMI™) is calculated from actual locked rates with consumers across over one-third of all mortgage transactions nationwide. LendingTree’s online marketplace connects consumers with multiple lenders, empowering them as they. residential mortgage process, from consumer engagement through loan registration. Originations Editor, National Mortgage News. Rates are now roughly a quarter point higher than the highs in fall 2022. Since 1985, Byte has provided innovative mortgage workflow solutions that are simple to implement, use and administrate. ICE Mortgage Technology is a leading cloud-based platform provider for the mortgage finance industry. Optimal Blue delivers a product, pricing and eligibility (PPE) engine that prices over 40% of locks in the U. | Optimal Blue, a division of Black. If you’d like to discuss your business goals with one of our secondary marketing. February 12, 2019, 1:00 pm By Caroline Basile. With the best products and pricing from the industry's leading investors, lenders of all. Encompass Product & Pricing Service ™ is a robust pricing engine integrated into the Encompass Digital Mortgage Solution. Mission Viejo, CA 92691, US. Optimal Blue | 11,013 followers on LinkedIn. | Optimal Blue, a division of Black. Optimal Blue | 10,144 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue | 10,818 followers on LinkedIn. Anow. Brad Finkelstein. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. . Optimal Blue | 10,569 followers on LinkedIn. Black Knight Inc. residential mortgage process, from consumer engagement through loan registration. 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. S. Some in the industry are concerned that ICE will now dominate the mortgage technology market. Black Knight's Q4 profits slip as clients cope with challenges. residential mortgage process, from consumer engagement through loan registration. 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. 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. 1 bn for the Servicing (MSP) and Product Pricing (Optimal Blue) platforms. (NYSE: ICE), released its September 2023 Mortgage Monitor. This Marketplace Platform connects lenders, investors and vendors with comprehensive secondary. July 27, 2020. Get 7 Days Free Sign In Sign In TopicsOptimal Blue | 10,087 followers on LinkedIn. Optimal Blue supports the industry's largest network for secondary market buyers and sellers on its premier Marketplace Platform. 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 affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. Optimal Blue | 10,863 followers on LinkedIn. 07% at the end of the month The 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 | 10,851 followers on LinkedIn. ICE’s EPPS also competes directly with Black Knight’s Optimal Blue PPE for the business of lenders using ICE’s Encompass LOS. May 24, 2022, 11:20 a. 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. Under. 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. EDT 3 Min Read. Optimal Blue | 10,180 followers on LinkedIn. A divesture of Black Knight‘s product and pricing engine unit Optimal Blue is a feasible path to guarantee the merger deal with Intercontinental Exchange Inc. Besides a new CEO, the news also. 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. Mortgage lenders may be losing control of their LOS options. 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. Brad Finkelstein. 25% in August, the highest level in more than 20 years, before settling to 7. 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. – Sept. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue, a division of Black Knight, has released new API capabilities that automate the exchange of data between mortgage brokers using the Loansifter product, pricing and eligibility (PPE. 8. which together created the foundation of its ICE Mortgage Technology business segment. Optimal Blue | 10,353 followers on LinkedIn. Black Knight is hiring an MSR Account Manager in its Optimal Blue division. Press Releases | September 7, 2022; Black Knight’s Craig Rebmann Named by HousingWire as a 2022 Insiders Award Winner. According to Optimal Blue’s mortgage market indices , the 30-year conforming rate peaked at 7. 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. 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. The ICE Mortgage Technology Platform empowers lenders and investors to engage homebuyers and efficiently originate, close, sell and purchase loans that maximize ROI across their business… all from a single system of record. m. Blue Sage Solutions Blue Sage LOS X X X X Byte Software BytePro X X X X Calyx Software® Path® X X X X Constellation Mortgage Solutions Mortgage Builder LOS/NOVA X X X X FICS ®Loan Producer X X X FinastraTM Fusion MortgagebotLOSTM X X X X Fiserv® Mortgage Director X X X X ICE Mortgage TechnologyTM Encompass® X X X X According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. Under the proposed order, Black Knight's Optimal Blue and Empower businesses will be sold to Constellation Software (OTCPK:CNSWF). EDT 1 Min Read. 475 billion in sales again this year after buying out partners in Optimal Blue. S. The transaction closed on Sept. #OBProductCorner 7ENCOMPASS MADE EASY WITH CERTIFIED ENCOMPASS MORTGAGE TECHNOLOGY CONSULTANTS We are an ICE Mortgage Technology Premier. 2, 2014, and renamed Black Knight Financial Services. Lion Fire. m. ". "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. (ICE), Keefe, Bruyette & Woods (KBW. Optimal Blue | 9,953 followers on LinkedIn. . Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. Harness the power of the industry’s most widely used mortgage pricing engine – anytime, anywhere. Media requests and inquiries: Samantha MacKendrick. S. Optimal Blue | 10,860 followers on LinkedIn. Black Knight ready to sell Empower to address antitrust concerns. Optimal Blue prices and locks 40% of U. 9 billion deal to buy Black Knight after satisfying regulators' concerns. S. | Optimal Blue, a division of Black. 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 | 10,405 followers on LinkedIn. View Kevin’s full profile. mortgages, provides services to 62% of the top 50 lenders, supports $2. 15, 2020 – Black Knight, Inc. Black Night’s Optimal Blue is sold. A possible sale of Black Knight's product and pricing engine unit Optimal Blue could be the key that unlocks the Intercontinental Exchange transaction, said Ryan Tomasello, an analyst at Keefe, Bruyette & Woods. ICE aka EllieMae (LOS & Other Systems) Start automating your. Optimal Blue | 10,857 followers on LinkedIn. Toronto-based Constellation Software will pay $700 million for. linkedin. Intercontinental Exchange, Inc. General; KMU Students and Alumni; Market Solutions; Education; Idea Hub Status Center. | Optimal Blue, a division of Black. Together, we transform, streamline and automate industries to connect our customers to opportunity. Ellie Mae: was ELLI:NYSE, now ICE Mortgage Technology. m. This LOS is especially powerful for large companies,. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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. Intercontinental Exchange (ICE) and Black Knight announced Monday they have agreed to sell Black Knight's mortgage pricing platform, Optimal Blue, to a subsidiary of Constellation Software. king@ice. Visit Company Page. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue Financial Services Plano, TX Blend Software Development San Francisco, CA. To satisfy antitrust regulators, ICE divests itself of Black Knight's loan origination and mortgage pricing business, but gets. Share. 83% in October before clawing back to 7. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Mortgage Executive Magazine selects LPS as one of the Top 50 Mortgage Service Providers in America. Optimal Blue | 9,985 followers on LinkedIn. Dubbed the. 16% the previous week. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Black Knight set a deadline of Sept. Let us show you what our integrated technology, data and analytics solutions can do for your business. The new terms call for approximately $68 in cash and 0. (Constellation), a provider of mortgage-related tools and software, along with certain related products. Our technology solutions enable lenders to originate more loans,. announced this morning it will buy the Dallas-based company for $1. ICE completed the. | Optimal Blue, LLC, operates the. “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. Accessible via the Optimal Blue API Developer. Optimal Blue | 10,026 followers on LinkedIn. Intercontinental Exchange, Inc. JACKSONVILLE, Fla. With the completion of the transaction, Black Knight stockholders expect to. | Optimal Blue, a division of Black. 2014: LPS is acquired by Fidelity National Financial on Jan. 25% in August, the highest level in more than 20 years, before settling to 7. 5% to $74. A pilot automation can be built and deployed in as little as 3-4 weeks, immediately adding efficiency to an organization and proving out the value of process automation. First Horizon Bank. 95% for FHA loans closed in the 30 days ending August 30, 2023, according to Optimal Blue's Mortgage Market Indices. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages.