FTC Votes to Block ICE-Black Knight Deal, Citing Higher Prices for Home Buyers

National Mortgage News, Mar. 9, 2023–Leah Nylen (subscription)
The FTC said the deal would give ICE and Black Knight a significant position in the market for loan origination software, which lenders use to manage their workflow for home loans. The combined company would also have the incentive to use its dominance to push customers to use its other mortgage services instead of those offered by rivals, the FTC said.