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Intercontinental Exchange-Black Knight deal will harm mortgage loan origination systems, their ancillary services, US FTC complaint says

( March 9, 2023, 22:05 GMT | Official Statement) -- MLex Summary: Intercontinental Exchange's proposed acquisition of Black Knight could lead to increase prices, less innovation and fewer options for loan origination systems and related software services, according to an administrative complaint filed by the US Federal Trade Commission to enjoin the deal. These price increases, which could result from the elimination of ICE's top competitor in the loan origination system market, are likely to be passed onto home buyers, the FTC complaint said See document below. ...

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