The ICE — Black Knight merger creates an end-to-end digital infrastructure that will reorder incentives and change how work occurs. New competitive pressures on long protected positions will force many to reinvent operations and rethink the markets they serve. The digital future is unknowable, but we do know that information power moves to consumers, value resides in networks and data rights are the new currency. These principles of digitization will challenge every segment of the housing ecosystem to adapt to a new reality.
The most probable outcomes include: