king@ice. The FTC order also. Encompass. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. S. This means that Optimal Blue generated around $100 million in adjusted EBITDA. S. Let us show you what our integrated technology, data and analytics solutions can do for your business. Today, Black Knight, Inc. Optimal Blue delivers the industry's leading Product, Pricing and Eligibility (PPE) engine that prices over 40% of locks in the U. Optimal Blue | 9,931 followers on LinkedIn. 21, 202330-year fixed mortgage rate: 7. . 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. Together, we transform, streamline and automate industries to connect our customers to opportunity. PLEASANTON, Calif. #OBProductCorner 7Intercontinental Exchange, Inc. S. | Optimal Blue, a division of Black. Optimal Blue Financial Services Plano, TX Blend Software Development San Francisco, CA. Our technology solutions enable lenders to originate more loans,. Optimal Blue | 9,926 followers on LinkedIn. The Optimal Blue Mortgage Market Indices showed 30-year conforming rates dipping below 6. Some in the industry are concerned that ICE will now dominate the mortgage technology market. | Optimal Blue, LLC, operates the. 44%, pushing the spread with mortgage rates back above 3%,. The third-largest loan origination system provider, Mortgage Cadence, sees an opportunity to pick up business if the merger between No. S. IRVINE, Calif. Intercontinental Exchange, Inc. (NYSE:BKI) announced today the addition of ICE Mortgage Rate Lock Index Futures within. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. “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. Visit Company Page. 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. Visit Company Page. This expanded suite of futures will help lenders better manage their interest. Connect one-way to launch out to Loansifter with your pre-filled search scenario. 415-212-8469. –(BUSINESS WIRE)–Intercontinental Exchange, Inc. Amrock. The Optimal Blue. Optimal Blue | 10,868 followers on LinkedIn. ICE closed an $11. But one year prior, ICE Mortgage Technology reported revenue of $297. The Optimal Blue PPE's. According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. 60%. (Reuters) -U. ICE completed the. Optimal Blue Adds ICE Mortgage Rate Lock Index Futures to CompassPoint. The companies expect to complete the divestiture of Empower and Optimal Blue 20 days after completing the merger. | Optimal Blue, a division of Black. 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. 7, 2022 – Black Knight, Inc. | Optimal Blue, a division of Black. ICE divests Optimal Blue and Empower Loan System to Constellation Software for $700M May 4, 2022 July 17, 2023 September 5, 2023ICE Media Contact: Josh King josh. com (212) 323-8587 media@ice. Mortgage lenders may be losing control of their LOS options. | Optimal Blue, a division of Black. Full year 2023 ICE Mortgage Technology (IMT) revenues including the. 5% from July, driven by a 1. mortgage and housing markets. While the year-over-year (YoY) change is down significantly from March 2022’s record pace of 18. 22% on Wednesday, compared to 7. 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. | Optimal Blue, a division of Black. Optimal Blue, a division of Black Knight, delivers powerful solutions for the secondary market. Visit Company Page. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. How it will impact the Lenders and Servicers:Originally, ICE was paying $85 per share in cash and stock at a $13. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. | 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. io. In 2020, ICE acquired Ellie Mae for $11 billion. | Optimal Blue, a division of Black. | Optimal Blue, a division of Black. (Constellation), a provider of mortgage-related tools and software. BC Mortgage Agent serving Vancouver Island - Victoria BC Mortgages, Mortgage Broker Rates, Mortgage Broker Calculators, Find a Mortgage. Fannie Mae. com (212) 656-2490 Damon Leavell damon. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. OPTIMAL BLUE MORTGAGE MARKET INDICES – Optimal Blue LAST UPDATED: NOV 16, 2023 OBMMI™ provides the most comprehensive, accurate, timely,. S. 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. Ellie Mae: was ELLI:NYSE, now ICE Mortgage Technology. 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. 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. 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. "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. 15, 2020 – Black Knight, Inc. ’s takeover offer as Wall Street bolstered bets the deal will go through after the mortgage software provider sold. 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 | 10,660 followers on LinkedIn. According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. Optimal Blue | 10,860 followers on LinkedIn. ATLANTA & NEW YORK & JACKSONVILLE, Fla. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue | 9,985 followers on LinkedIn. – Sept. OBMMI includes multiple mortgage pricing indices developed around the most popular products and specific borrower and loan level attributes. S. Optimal Blue Status Center Home Forums . (or the proposed divestiture of Black Knight’s Optimal Blue business or. Visit Company Page. She is also a Licensed Real Estate Broker and has. 16% the previous week. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue | 9,948 followers on LinkedIn. m. Optimal Blue MAXEX delivers daily pricing to Optimal Blue, a leading mortgage industry product & pricing engine (PPE). the possibility that the proposed divestitures of Black Knight’s Optimal Blue business. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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 | 10,857 followers on LinkedIn. Exclusive Access to Featured Speakers, Breakout Sessions, and Trainings. Subscribe. ATLANTA & NEW YORK & JACKSONVILLE, Fla. JACKSONVILLE, Fla. Optimal Blue | 10,072 followers on LinkedIn. | Optimal Blue, a division of Black. S. 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 30-year fixed rate for conventional loans, which hit 7. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. , now part of Intercontinental Exchange, Inc. If you’d like to discuss your business goals with one of our secondary marketing. | Optimal Blue, LLC, operates the. Get directions. 25% mark, the highest level in over 20 years. Optimal Blue's live modeling functionality and exclusive Shock Analysis tools enable lenders to easily compare current hedge positions to modeled position and: Maintain. ICE Investor Contact: Katia Gonzalez katia. Black Knight Inc. mortgages, provides services to 62% of the top 50 lenders, supports $2. Optimal Blue | 9,901 followers on LinkedIn. Optimal Blue is a cloud-based provider of managed-content, enterprise lending services including product eligibility and pricing (PPE), secondary marketing, consumer engagement, data and analytics, and compliance services. Besides a new CEO, the news also. However, it has come to my attention that after announcements by Black Knight to divest and sell its Empower loan origination (LOS) and Optimal Blue product pricing engine (PPE) software products to a single Canadian company known as Constellation Software Inc. S. Senior leadership from Optimal Blue depart Constellation after acquisition. This Marketplace Platform connects lenders, investors and vendors with comprehensive secondary. | Optimal Blue, a division of Black Knight, operates the mortgage industry’s digital marketplace. 00%, and jumbo loans up to 7. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 25% mark, the highest level in over 20 years. The New York Mortgage Bankers Association furthers the standards of the real estate financing profession in the areas of education, legislation, regulation, and ethics of practice. Comergence by Optimal Blue | 403 followers on LinkedIn. 4% and was trading at $115. ICE Mortgage Technology is a company that focuses on providing. ICE, Black Knight agree to sell Optimal Blue in hopes to win merger approval SA News Mon,. | Optimal Blue, a division of Black. Doc Solutions in Encompass is a great way to stay in compliance with all state regulations. Using this service, lenders can get rate sheets faster, keep. CSI paid $700 million for the business in $200 million cash and a $500 million 40-year promissory note issued to. which was spun off as Black Knight and is now part of ICE. Optimal Blue | 10,850 followers on LinkedIn. Pleasanton, CA. mortgages, provides services to 62% of the top 50 lenders, supports $2. ". 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, LLC, operates the. Lead QA Analyst. ICE and Black Knight’s agreement to sell its product and pricing engine unit Optimal Blue business leaves the FTC with a weak case as it remedies the remaining horizontal overlap cited in the. Familiar with Ellie Mae/ICE Mortgage Technology web portals, TPO Connect, Webcenter, Consumer Connect, Blend, Simple Nexus, MSP, Simple Nexus, Meridian Link, Optimal Blue and Cloud Virga. 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. 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, a division of Black. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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. or on-the-go. Optimal Blue, a division of Black Knight, operates the mortgage industry’s digital marketplace. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue, a Division of Black Knight, Adds ICE Mortgage Rate Lock Index Futures to CompassPoint, Leading Hedge Analytics and. At ICE Mortgage Technology, we are transforming and digitizing the U. | Optimal Blue, LLC, operates the. mortgage industry and is fully integrated with the CompassPoint. 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. 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 two firms will complete the divestiture of Black Knight’s Empower and Optimal Blue within 20. President & Chair -ICE Mortgage Technology, Intercontinental Exchange, Inc. JACKSONVILLE, Fla. Point of Sale (POS) — Access Arch MI’s competitive rates. Sep 05, 2023 By Sarah Wheeler. – July 27, 2020 – Black Knight, Inc. Cookies are used to offer you a better browsing experience. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. S. | Optimal Blue, a division of Black. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Black Knight's Q4 profits slip as clients cope with challenges. (ICE), and its top competitor, Black Knight, Inc. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Anow. Participants may also listen via telephone by dialing 833. Published July 17, 2023 Getty Images Key Takeaways ICE and Black Knight are selling Black Knight's Optimal Blue business. S. June 21, 2022, 1:36 pm By David Stevens, CMB. | Optimal Blue, a division of Black. Optimal Blue | 10,619 followers on LinkedIn. February 14, 2023, 4:12 p. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. com Black Knight Media Contact: Michelle Kersch michelle. Optimal Blue | 10,169 followers on LinkedIn. Together, we transform, streamline and automate industries to connect our customers to opportunity. 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. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. 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. Verified User. MORTGAGE MARKET INDICES – OBMMI The most comprehensive and accurate daily rate indices. Asurity Technologies. The mortgage tech and service provider announced the acquisition of two companies in January of 2021 alone. This Marketplace Platform connects lenders, investors and vendors with comprehensive. YoY home price appreciation (HPA) varied significantly among the 60 largest metros. Optimal Blue | 10,107 followers on LinkedIn. First Horizon Bank. website maker Intercontinental Exchange Inc. ICE and Black Knight’s agreement to sell its product and pricing engine unit Optimal Blue business leaves the FTC with a weak case as it remedies the remaining horizontal overlap cited in the. ICE and Black Knight entered into the divestiture agreements in connection with efforts to secure regulatory clearance for ICE’s proposed. Navigation is very easy and intuitively obvious to the user. Velocify, Five9, Optimal Blue, Smartfees, Consumer Connect/Digital Mortgage, Business Development, JIRA, Confluence. | Optimal Blue, LLC, operates the. Optimal Blue | 9,886 followers on LinkedIn. Optimal Blue | 10,109 followers on LinkedIn. Optimal Blue | 10,137 followers on LinkedIn. leavell@ice. 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. " In particular, the FTC cited competition in product and pricing engines between Black Knight's Optimal Blue and the internal technology embedded in. | Optimal Blue, a division of Black. Flueid. Optimal Blue, a division of Black Knight, delivers powerful solutions for the secondary market. has rolled out a new webhooks component for its Optimal Blue application programming interface (API) platform that will boost lender efficiencies and workflow automation by providing real-time access to advanced secondary marketing capabilities. That is on top of the "unrivaled power" ICE would have in the U. This week, Intercontinental Exchange (ICE) and Black Knight announced an agreement to sell Black Knight’s Empower loan origination system (LOS) business to Constellation Software, Inc. The divestitures reduced the price tag of the Black Knight acquisition to roughly $11. | Optimal Blue, a division of Black. Optimal Blue | 10,863 followers on LinkedIn. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. Optimal Blue | 10,405 followers on LinkedIn. I am a mortgage specialist, period. Under terms of the divestiture agreement, Constellation will acquire Black Knight’s Optimal Blue business for $700 million. 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. 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. Optimal Blue | 10,551 followers on LinkedIn. Black Knight is hiring an MSR Account Manager in its Optimal Blue division. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. ICE Mortgage Technology Partners. We are committed to making sure our clients and other mortgage professionals up to date on today's leading technology, the latest developments and new stories that feature our company, and the evolving mortgage. Black Knight owns the Optimal Blue product and pricing engine. arguing that the market domination gained by ICE via the merger would give too pricing power to one company. Getty. (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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue, Dark Matter Technologies, Mortgage Builder, ReverseVision, which is a reverse mortgage LOS and a document storage business called Axacore. Under the terms of the final consent order, Black Knight’s Optimal Blue and Empower businesses, which provide critical services in the mortgage origination process, were divested to Constellation Web Solutions Inc. 58. Black Knight set a deadline of Sept. Optimal Blue is a product and pricing engine that enables mortgage originators to quote rates to borrowers and helps them get the best price for the loan in the secondary market. The structure of the proposed transaction includes a payment by. Moreno, Optimal Blue’s newly appointed vice president of sales. Transforming the mortgage industry with leading secondary marketing technologies to price, lock, hedge, and trade loans. In partnering with CMS, Lender Price beat out rival PPE solutions like Black Knight’s Optimal Blue,. Canadian Mortgage Calculators made in BC by Select Mortgage. OBMMI includes multiple mortgage pricing indices developed around the most popular products and. Our pre-built Appraisal Bots for Encompass provide automation solutions of Appraisal. | Optimal Blue, a division of Black. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 18%, VA at 7. S. The new terms call for approximately $68 in cash and 0. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. LendingTree’s online marketplace connects consumers with multiple lenders, empowering them as they. | Optimal Blue, a division of Black. 14% at Mortgage News Daily two weeks ago, was 6. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. | Optimal Blue, LLC, operates the. ICE Mortgage Technology solutions enable lenders to originate more loans, lower origination costs, and. bradley. Optimal Blue offers a SaaS marketplace platform connecting mortgage originators and investors. | Optimal Blue, a division of Black. 323 percent lower on average than conventional in 2023. (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. | Optimal Blue, LLC, operates the. Together, we transform, streamline and automate industries to connect our customers to opportunity. Optimal Blue supports the industry's largest network for secondary market buyers and sellers on its premier Marketplace Platform. The companies said Black Knight will sell Optimal Blue to a subsidiary of Constellation Software Inc. Together, we transform, streamline and automate industries to connect our customers to opportunity. A live audio webcast of the conference call will be available on the company’s website at in the investor relations section. "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. Under the proposed order, Black Knight's Optimal Blue and Empower businesses will be sold to Constellation Software (OTCPK:CNSWF). Media requests and inquiries: Samantha MacKendrick. (TSX: CSU). Begin your automation journey by automating the appraisal ordering process. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. – Sept. ICE Media Contact: Josh King josh. (ICE), and its top competitor, Black Knight, Inc. 1 for its stockholders to decide if they want. 3%. With the best products and pricing from the industry's leading investors, lenders of all sizes can automate secondary marketing to deliver best fit financing and make dreams possible. brad-finkelstein-8b2b9a5/. 25% in the first week of April before finishing at 6. (or the proposed divestiture of Black Knight’s Optimal Blue business or. Loan compliance is easy with the use of Mavent through Encompass. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. ICE Mortgage Technology, part of Intercontinental Exchange, Inc. 0682 shares of ICE stock per Black Knight share. Divestiture contingent on closing of ICE’s acquisition of Black Knight Intercontinental Exchange, Inc. The number of undocumented Indians in the U. | Optimal Blue, LLC, operates the. 9, 2023 /PRNewswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, announced today that it has completed final. Optimal Blue Status Center Home Forums . . Optimal Blue | 10,053 followers on LinkedIn. By early April 2020, the AEI Housing Center was using Optimal Blue data to monitor HPA and MDR on a weekly basis and project future HPA and MDR with a high degree of accuracy, but without the usual 3 month lag. Constellation Software handed the keys to Empower, Optimal Blue To satisfy antitrust regulators, ICE divests itself of Black Knight's loan origination and. mortgages, provides services to 62% of the top 50 lenders, supports $2. 25% in August, the highest level in more than 20 years, before settling to 7. A trio of top leaders at Optimal Blue have exited the company several weeks after Constellation Software closed on the purchase from Black Knight, the new owners confirmed. Visit Company Page. By Niket Nishant. In August 2023, the FTC approved a proposed consent order to resolve antitrust concerns surrounding Intercontinental Exchange, Inc. | Optimal Blue, a division of Black. Recently, Intercontinental Exchange (ICE) announced a plan to acquire Black Knight in a reported $13 billion deal that, if approved by federal. #OBProductCorner 7ENCOMPASS MADE EASY WITH CERTIFIED ENCOMPASS MORTGAGE TECHNOLOGY CONSULTANTS We are an ICE Mortgage Technology Premier. We see Optimal Blue as a profit center, we don't see it as a cost. Black Night’s Optimal Blue is sold. mortgage industry and is fully. Intercontinental Exchange (ICE) has finalized its nearly $12 billion acquisition of Black Knight. for $700 million. 5 percent, core +. By contrast, Black Knight’s Optimal Blue PPE is a standalone commercial PPE available on more than a dozen LOS platforms. 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, a division of Black. The companies expect to complete the divestiture of Empower and Optimal Blue 20 days after completing the merger. Optimal Blue’s PPE utilizes comprehensive product and pricing functionality of the industry’s leading PPE to stay competitive and confidently execute the most profitable. 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. 95% for FHA loans closed in the 30 days ending August 30, 2023, according to Optimal Blue's Mortgage Market Indices. 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 buyout by NYSE-owner. TURNKEY CONNECTIONS. Harness the power of the industry’s most widely used mortgage pricing engine – anytime, anywhere. 84. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 0. 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. | Optimal Blue, a division of Black. | Optimal Blue, a division of Black. Optimal Blue | 10,401 followers on LinkedIn. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue | 10,913 followers on LinkedIn. Optimal Blue | 10,315 followers on LinkedIn. Discover breaking news, updates and industry trends, as well as all of the latest information that you need to know about Optimal Blue. 7, 2022 – Black Knight, Inc. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. ’s (ICE) proposed $13. 8. This Marketplace Platform connects lenders, investors and vendors with comprehensive secondary. | Optimal Blue, a division of Black. Optimal Blue | 10,561 followers on LinkedIn. king@ice. 8. (ICE), Keefe, Bruyette & Woods (KBW. , 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. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight, Inc. MAXEX is an approved seller to Fannie Mae, a government agency that provides liquidity to low- and moderate-income mortgage borrowers. Share this article. “We. Share. 9% decrease in purchase volume The Optimal Blue Mortgage Market Indices 30-year conforming rate rose 33 basis points during the month to close at 7. Just weeks after published reports that Optimal Blue was up for sale, fintech giant Black Knight Inc. Optimal Blue, a Division of Black Knight, Adds ICE Mortgage Rate Lock Index Futures to CompassPoint, Leading Hedge Analytics and MSR Valuation Platform. 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. 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. com ICE Investor Contact: Katia Gonzalez katia. Intercontinental Exchange buys Ellie Mae for $11B. 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. | Optimal Blue, LLC, operates the. 16. S. 78. Optimal Blue. | Optimal Blue, a division of Black. EDT 3 Min Read. (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. That’s why we’re integrated with technology partners across the industry to help you quote and order MI from Enact quickly and securely using your loan origination system. com uses cookies on this site. 7 billion. July 10, 2023, 1:35 pm By Connie Kim A divesture of Black Knight ‘s product and pricing engine unit Optimal Blue is a feasible path to guarantee the merger deal with. | Optimal Blue, a division of Black. finkelstein@arizent.