( April 30, 2026, 22:31 GMT | Official Statement) -- MLex Summary: Optimal Blue and residential mortgage lenders moved to dismiss amended US antitrust claims accusing the companies of artificially inflating the cost of residential mortgages through Optimal’s data-sharing network, saying the plaintiffs have not alleged a plausible conspiracy. “They [the plaintiffs] do not allege that Optimal Blue told the Mortgage Originator Defendants how to use any data, encouraged them to raise prices, monitored or directed their use of data, or did anything whatsoever to ensure that the Defendants used data in the same way or at all,” the defendants said in their motion to dismiss filed in the Middle District of Tennessee. Plaintiffs do not allege defendants agreed on pricing terms or strategies, that defendants used Optimal Blue data in the same way, that the mortgage originator defendants communicated with each other regarding the data, and nor do they allege parallel conduct and plus factors that suggest the inference of an agreement, the filing said.See attached document....
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