Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac
Housing Wire
DECEMBER 5, 2023
In a 2019 lawsuit, Black Knight accused Pennymac of copying its mortgage servicing platform, MSP, to create its Servicing Systems Environment (SSE) platform. Black Knight filed a complaint against PennyMac in November 2019 for breaching contracts and misappropriating trade secrets. 28, an arbitrator awarded Black Knight $155.2
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