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MERS, NYSE owner Intercontinental Exchange increases mortgage presence by buying Simplifile

Jun 12, 2019By

Intercontinental Exchange, the parent company of the New York Stock Exchange, moved into mortgages in a big way last year when the company bought MERS. And now, ICE is increasing its presence in the mortgage business. ICE announced Wednesday that it has acquired Simplifile, which acts as an electronic liaison between lenders, settlement agents, and county recording offices, for $335 million.

3d rendering of a row of luxury townhouses along a street

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