The FTC had initially expressed concern that the $11.7 billion deal, which combines the two top mortgage technology providers, would drive up costs, reduce innovation and limit lenders' choices. "To address these concerns, the Commission's order provides structural relief and a variety of tools to preserve competition in these critical markets," Henry Liu, director of the FTC's Bureau of Competition, said in a statement. U.S. antitrust regulators under President Joe Biden have taken a tough stance against corporate consolidation, waging battles against companies across industries including airlines, technology and finance.