Ranking Member Waters Sends Letter to FTC Raising Continued Concerns About ICE Acquisition of Black Knight, Outlines Recommendations to Protect Consumers and Housing System (STATEMENT)

Statement

"As our nation continues to grapple with crisis-level housing affordability and supply issues, it is vital that the federal government does not create conditions that exacerbate these challenges. In addition to potentially creating a housing finance conglomerate that would dwarf all other players in the industry, I remain concerned that this merger has the potential to harm consumers by displacing competing products and businesses that help mitigate rising loan origination and servicing costs, thereby pushing the dream of homeownership further out of reach for families across the country."

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