The companies said Black Knight will sell Optimal Blue to a subsidiary of Constellation Software Inc. However, by the end of that day it had sunk back to close at $72. HousingWire’s Mortgage Rates Center showed Optimal Blue’s 30-year. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. This LOS is especially powerful for large companies,. At ICE Mortgage Technology, we are transforming and digitizing the U. 8. We see Optimal Blue as a profit center, we don't see it as a cost. mortgages, provides services to 62% of the top 50 lenders, supports $2. The Commission voted 3-0 to accept the consent order, according. Optimal Blue | 10,115 followers on LinkedIn. Black Knight ready to spin off Empower, Optimal Blue businesses. | Optimal Blue, a division of Black. (or the proposed divestiture of Black Knight’s Optimal Blue business or. . Navigation is very easy and intuitively obvious to the user. 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. mortgage industry and is fully integrated with the. This data is aggregated daily and split in informative and novel ways, covering not only conventional 30- and 15-year fixed. (ICE), Keefe, Bruyette & Woods (KBW. 390M+ rate searches and we lock 42% of mortgages completed annually. , September 15, 2023--Intercontinental Exchange, Inc. which was spun off as Black Knight and is now part of ICE. Inman Connect Join us at Inman Connect New York >>The company said that this will “simplify” its organizational structure with Optimal Blue and raise its 2022 adjusted EPS by $0. m. 97% on Wednesday. Together, we transform, streamline and automate industries to connect our customers to opportunity. Optimal Blue Financial Services Plano, TX Blend Software Development San Francisco, CA. , now part of Intercontinental Exchange, Inc. February 12, 2019, 1:00 pm By Caroline Basile. Comergence by Optimal Blue | 403 followers on LinkedIn. | Optimal Blue, a division of Black. The way that we are able to strategize our pricing actually turns Optimal Blue from a monthly cost to a net/net. Private equity firm GTCR announced it acquired Plano, Texas-based Optimal Blue, a cloud-based provider of enterprise lending services to the mortgage industry. Back. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 60%. | Optimal Blue, a division of Black. Black Knight acquired Optimal Blue, a company providing secondary marketing automation. 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. Demonstrated mortgage tech product leader with extensive experience in secondary markets, pricing engines, hedging and loan trading, MSR. Cookies are used to offer you a better browsing experience. Kevin Foley, CFA, Director of Product Management at Optimal Blue, highlights a few new benefits with the new Encompass Partner Connect integration. To win approval from regulators to merge with Intercontinental Exchange (ICE), Black Knight plans to sell 2 businesses to. Under terms of the divestiture agreement, Constellation will acquire Black Knight’s Optimal Blue business for $700 million. 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 Mortgage Market Indices™ (OBMMI™) is calculated from actual locked rates with consumers across over one-third of all mortgage transactions nationwide. At ICE Mortgage Technology, we are transforming and digitizing the U. ICE’s EPPS also competes directly with Black Knight’s Optimal Blue PPE for the business of lenders using ICE’s Encompass LOS. Intercontinental Exchange, Inc. Under. CompassPoint is offered by Optimal Blue, a leader in end-to-end technology solutions designed specifically for the secondary marketing industry. | Optimal Blue, a division of Black. Optimal Blue recognized for its innovative and impactful solutions in the U. 1 for its stockholders to decide if they want. 7 billion, or $75 per share. Intercontinental Exchange (ICE) has finalized its nearly $12 billion acquisition of Black Knight. Company Summary - Optimal Blue, which is a division of Black Knight, continues to be one of the leading mortgage digital. (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. . Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. The deal would drive up costs, reduce innovation, and. Optimal Blue Adds ICE Mortgage Rate Lock Index Futures to CompassPoint. com (678) 981. com ICE Investor Contact: Katia Gonzalez katia. S. 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. First American Docutech. 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, a division of Black. 25% mark, the highest level in over 20 years. According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. In August 2023, the FTC approved a proposed consent order to resolve antitrust concerns surrounding Intercontinental Exchange, Inc. 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. 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. A live audio webcast of the conference call will be available on the company’s website at in the investor relations section. | Optimal Blue, LLC, operates 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. Let us show you what our integrated technology, data and analytics solutions can do for your business. Today, Black Knight, Inc. Besides a new CEO, the news also. BBB Start with Trust ®. S. | Optimal Blue, LLC, operates the. 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 | 10,225 followers on LinkedIn. Optimal Blue | 10,026 followers on LinkedIn. residential mortgage process, from consumer engagement through loan registration. According to Black Knight’s Optimal Blue Mortgage Market Indices, the standard 30-year mortgage rate pushed past previous month rising above the 7. Optimal Blue | 10,973 followers on LinkedIn. finkelstein@arizent. 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. ICE was up 1. 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. 475 billion in sales again this year after buying out partners in Optimal Blue. Press Releases | September 7, 2022; Black Knight’s Craig Rebmann Named by HousingWire as a 2022 Insiders Award Winner. kersch@bkfs. arguing that the market domination gained by ICE via the merger would give too pricing power to one company. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Click through each company below to meet this year’s Tech100 Mortgage winners. Optimal Blue | 10,868 followers on LinkedIn. Optimal Blue | 9,866 followers on LinkedIn. 00%, and jumbo loans up to 7. Optimal Blue | 10,353 followers on LinkedIn. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced. 07% at the end of the month; Overall rate lock volumes were down for the third consecutive month, falling 1. Optimal Blue | 10,107 followers on LinkedIn. 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. Regulators fire warning shot over bow of mortgage comparison sites. S. Participants may also listen via telephone by dialing 833. . Visit Company Page. 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. 7, 2022 – Black Knight, Inc. 2014: LPS is acquired by Fidelity National Financial on Jan. ICE Investor Contact: Katia Gonzalez katia. announced this morning it will buy the Dallas-based company for $1. (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. com. After the Optimal Blue agreement, the FTC agreed Aug. S. 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. July 27, 2020. Optimal Blue | 10,596 followers on LinkedIn. leavell@ice. While ICE’s mortgage technology operations serve business customers, Sprecher said the merged company will be able to provide data that. OPTIMAL BLUE PARTNER NETWORK Largest secondary marketing network, turnkey connections with leading technology vendors. 1 for its stockholders to decide if they want to receive. Jul 17, 2023. Spotify. | Optimal Blue, LLC, operates the. Black Knight’s Optimal Blue product, pricing and. 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. Optimal Blue's Marketplace Platform provides integrated secondary marketing solutions to more than 2,000 clients nationwide, including hundreds of Ellie Mae clients, and enables true best execution throughout the mortgage loan process. MAXEX integrates into Encompass Investor Connect and delivers daily pricing to EPPS, ICE’s product & pricing engine (PPE). | Optimal Blue, a division of Black. It gives lenders the ability to provide real-time results to potential borrowers. | Optimal Blue, a division of Black. 1 percent) and the Producer Price Index (-. mortgage industry and is fully integrated with the CompassPoint platform. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue. 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. (NYSE:BKI), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets. Optimal Blue | 10,863 followers on LinkedIn. linkedin. Optimal Blue was purchased for an enterprise value of $1. 415-212-8469. | Optimal Blue, a division of Black. | Optimal Blue, a division of Black. com (678) 981-3882 [email protected] percent difference in rate may sound small, but that can equal tens of thousands in interest savings over the life of the mortgage. Optimal Blue | 10,860 followers on LinkedIn. 71%, compared with 6. 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. In addition to Empower, Black Knight’s mortgage technology products include mortgage servicing platform Compass Analytics, which Black Knight bought in 2019, and Optimal Blue, which Black Knight. 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. Just weeks after published reports that Optimal Blue was up for sale, fintech giant Black Knight Inc. Exclusive Access to Featured Speakers, Breakout Sessions, and Trainings. Optimal Blue | 10,318 followers on LinkedIn. JACKSONVILLE, Fla. Connect one-way to launch out to Loansifter with your pre-filled search scenario. 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. (NYSE: ICE) and Black Knight, Inc. 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, LLC, operates the. BC Mortgage Agent serving Vancouver Island - Victoria BC Mortgages, Mortgage Broker Rates, Mortgage Broker Calculators, Find a Mortgage. Optimal Blue | 10,405 followers on LinkedIn. Optimal Blue delivers the industry's leading Product, Pricing and Eligibility (PPE) engine that prices over 40% of locks in the U. Arch Mortgage Insurance. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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. (NYSE: BKI) today announced that they have entered into an Agreement Containing ConOptimal Blue | 10,974 followers on LinkedIn. – Sept. PLEASANTON, Calif. The Optimal Blue Mortgage Market Indices™ or OBMMI™ are uniquely. Recently, Intercontinental Exchange (ICE) announced a plan to acquire Black Knight in a reported $13 billion deal that, if approved by federal. Black Knight is hiring an MSR Account Manager in its Optimal Blue division. OPTIMAL BLUE MORTGAGE MARKET INDICES – Optimal Blue LAST UPDATED: NOV 16, 2023 OBMMI™ provides the most comprehensive, accurate, timely,. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. , September 05, 2023--Intercontinental Exchange, Inc. (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. This Marketplace Platform connects lenders, investors and vendors with comprehensive secondary. com (678) 981. Get directions. Originations Editor, National. Brad Finkelstein. ”) (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. 72 on Monday, after gaining more than 12% since the deal was announced in May 2022. Intercontinental Exchange, Inc. Optimal Blue delivers the industry's leading Product, Pricing and Eligibility (PPE) engine that prices over 40% of locks in the U. 7 billion deal, which combines the two top mortgage technology providers, would drive up costs, reduce innovation and limit lenders' choices. "Based on Black Knight's current share price, the market appears to be ascribing about a 60% probability. com uses cookies on this site. 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. January 4, 2021. 16% the previous week. YoY home price appreciation (HPA) varied significantly among the 60 largest metros. Optimal Blue is the leading provider of enterprise secondary marketing automation in the mortgage industry, with its platform locking 34% of mortgages completed nationwide. "Optimal Blue's marketplace facilitates the most comprehensive set of functions in the industry, and we operate with a model of open integration and interoperability with other platforms," said Clint Revels, Director of Integration Services, Optimal Blue. Together, we transform, streamline and automate industries to connect our customers to opportunity. Ellie Mae was a mortgage automation company. If you’d like to discuss your business goals with one of our secondary marketing. Moreno, Optimal Blue’s newly appointed vice president of sales. 2, 2014, and renamed Black Knight Financial Services. 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. With a pricing engine, lenders can easily. EST 2 Min Read. 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. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue, a division of Black Knight, operates the mortgage industry’s digital marketplace. the possibility that the proposed divestitures of Black Knight’s Optimal Blue business. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight, Inc. (NYSE: ICE) and Black Knight, Inc. The settlement comes after Black Knight agreed to divest a portion of its company, including selling Optimal Blue to Constellation Software for $700 million. 84. | Optimal Blue, LLC, operates the. 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. 02/27/2023 03:01 PM EST. 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. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. Black Knight set a deadline of Sept. National Mortgage Professional, July 17, 2023-David Krechevsky Intercontinental Exchange Inc. Share. This all but confirms speculation from lenders that Empower wasn’t a major factor in the. ICE completed the. 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. President & Chair -ICE Mortgage Technology, Intercontinental Exchange, Inc. Participants may also listen via telephone by dialing 833. ICE and Black Knight entered into a divestiture agreement in connection with efforts to secure regulatory clearance of ICE’s proposed acquisition of Black Knight, a $13. 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. Optimal Blue | 10,902 followers on LinkedIn. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. (ICE), and its top competitor, Black Knight, Inc. S. 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. , Nov. website maker. 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. | Optimal Blue, a division of Black. residential mortgage process, from consumer engagement through loan registration. Our technology solutions enable lenders to originate more loans,. The two firms will complete the divestiture of Black Knight’s Empower and Optimal Blue within 20. for $700 million. PRODUCT. At ICE Mortgage Technology, we are transforming and digitizing the U. That’s far from a certainty, given the deal's regulatory issues. A . has been climbing since borders opened post-Covid, with 30,662 encountered in the 2021 fiscal year and 63,927. 8. 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. 15, 2020 – Black Knight, Inc. Under the proposed order, Black Knight's Optimal Blue and Empower businesses will be sold to Constellation Software (OTCPK:CNSWF). 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. mortgage industry and is fully. com ICE Investor Contact: Katia Gonzalez katia. (NYSE: ICE) and Black Knight, Inc. The FTC dropped a lawsuit challenging the purchase after ICE agreed to divest some Black Knight. 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. That is on top of the "unrivaled power" ICE would have in the U. residential mortgage process, from consumer engagement through loan registration. For reprint and licensing. According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates climbed above 7. The Optimal Blue Mortgage Market Indices showed 30-year conforming rates dipping below 6. | Optimal Blue, a division of Black. JACKSONVILLE, Fla. 323 percent lower on average than conventional in 2023. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. For example, the average 30-year fixed rate for VA loans was 6. To support the acquisition, ICE has agreed to divest Black Knight’s Optimal Blue and Empower loan origination system (LOS) businesses to subsidiaries of Constellation Software – which are. ICE Mortgage Technology combines data and expertise to help automate the mortgage process – from consumer engagement through loan registration, and every step in between. Some in the industry are concerned that ICE will now dominate the mortgage technology market. The companies expect to complete the divestiture of Empower and Optimal Blue 20 days after completing the merger. Getty. The FTC order also. Optimal Blue | 10,315 followers on LinkedIn. September 15, 2020. In 2020, ICE acquired Ellie Mae for $11 billion. iFOLIO. "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. Velocify, Five9, Optimal Blue, Smartfees, Consumer Connect/Digital Mortgage, Business Development, JIRA, Confluence. (or the proposed divestiture of Black Knight’s Optimal Blue business or its Empower. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. com (904) 854-5043Mortgage product and pricing engine from Optimal Blue; A digital point-of-sale solution to streamline the mortgage application process; A digital close solution with eDelivery and eSigning. mortgages, provides services to 62% of the top 50 lenders, supports $2. | Optimal Blue, LLC, operates the. After the deal was announced on May 5, an initial bump drove Black Knight's stock price to a high of $79. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. As previously announced, the. (NYSE: ICE) and Black Knight, Inc. – Sept. ATLANTA & NEW YORK & JACKSONVILLE, Fla. "As the largest distributor of Optimal Blue via our network, we remain very excited about the value and efficiencies that the combined ICE and Black Knight entities will bring to the end consumer as well as to other stakeholders across the mortgage ecosystem. (NYSE:BKI) announced today the addition of ICE Mortgage Rate Lock Index Futures within. 02/27/2023 03:01 PM EST. 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. Capabilities include product, pricing and eligibility, hedge analytics, loan trading, MSR valuation, social media monitoring and publishing, and counterparty oversight. After the Optimal Blue agreement, the FTC agreed Aug. 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. Optimal Blue offers a SaaS marketplace platform connecting mortgage originators and investors. So, in my view ICE paid $13. The agreement to divest Optimal Blue, which provides data and software services for the real estate and mortgage industries, is the latest move in the attempt to secure regulatory clearance for ICE’s acquisition of Black Knight. At ICE Mortgage Technology, we are transforming and digitizing the U. Visit Company Page. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. m. At ICE Mortgage Technology, we are transforming and digitizing the U. & PRICING. JACKSONVILLE, Fla. MORTGAGE MARKET INDICES – OBMMI The most comprehensive and accurate daily rate indices. A 10-year commercial agreement has been entered into that codifies and extends the two-decade long relationship. Black Knight acquired Optimal Blue, a company providing secondary marketing automation. S. President of ICE Mortgage Technology answers frequently asked questions about the acquisition . 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, a division of Black. 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. 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. S. | Optimal Blue, a division of Black. Optimal Blue Financial Services Plano, TX. Lead QA Analyst. Two firms will complete the divestiture of Black Knight's Empower business and Optimal Blue within 20 days. "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. com Black Knight Media Contact: Michelle Kersch michelle. 1 billion acquisition of Black Knight, Inc. , September 05, 2023--Intercontinental Exchange, Inc. king@ice. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 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. Optimal Blue’s BESTX™ MI is the most efficient way for loan officers to find the mortgage insurance option that. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. Optimal Blue | 9,926 followers on LinkedIn. Optimal Blue prices and locks 40% of U. gonzalez@ice. brad-finkelstein-8b2b9a5/. ICE Mortgage Technology announced plans to. bradley. Optimal Blue | 10,186 followers on LinkedIn. 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. Toronto-based Constellation Software will pay $700 million for. Together, we transform, streamline and automate industries to connect our customers to opportunity. According to Black Knight’s Optimal Blue Mortgage Market Indices, the standard 30-year mortgage rate pushed past previous month rising above the 7. Optimal Blue offers a SaaS marketplace platform connecting mortgage originators and investors. View mortgage calculators to find out what you qualify for, compare mortgages, and see what impact. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight. However, Black Knight only. Accessible via the Optimal Blue API Developer. However, the deals to sell those units to Constellation Software Inc. S. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages. 7B deal in February 2019. 25% in August, the highest level in more than 20 years, before settling to 7. ICE Mortgage Technology is a leading cloud-based platform provider for the mortgage finance industry. A live audio webcast of the conference call will be available on the company’s website at in the investor relations section. Ice Mortgage solutions enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality and efficiency. Stay tuned for updates. | Optimal Blue, LLC, operates the. 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. m. The Optimal Blue PPE's. The mortgage tech and service provider announced the acquisition of two companies in January of 2021 alone. Optimal Blue | 11,013 followers on LinkedIn. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions. | Optimal Blue, a division of Black. mortgage industry and is fully integrated with the CompassPoint. We follow an iterative release cycle, so we have a release about every 3-4 weeks. (“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. | Optimal Blue, a division of Black. By continuing to use our service, you agree to our use of cookies. ’s takeover offer as Wall Street bolstered bets the deal will go through after the mortgage software provider sold. Leading provider of actionable data and secondary marketing technologies to price, lock, hedge and trade mortgages.