Opinion: ICE’s mortgage monopoly could stifle Hispanic homeownership
Earlier this year, Intercontinental Exchange announced its’ plans to acquire Black Knight, a major provider of software that is used to originate and service mortgages. In the current market — with mortgage rates continuing to rise — the $13 billion bid for merger would create a mortgage technology monolith, which, among other things could raise consumer prices and substantially impair the multi-trillion-dollar housing market.