Tabrasa provides enterprise level solutions, individual solutions, and industry leading mortgage market insights. Jul 01, 2015 optimal blue introduced quicksearch, a privately branded mortgage pricing app for mobile devices, during its 2015 client conference to allow loan officers to perform realtime pricing searches for. Optimal blues product and pricing becomes the mortgage. Lender price mortgage pricing engine and digital mortgage. Serent capital puts fintech company optimal blue on the block. Laura albert director data management optimal blue linkedin. The optimal blue mortgage market indices or obmmi are uniquely positioned to provide unparalleled transparency into mortgage rates by utilizing observed, realtime lock data from approximately 30% of the market. We see optimal blue as a profit center, we dont see it as a cost. Those efforts have established optimal blue s product and pricing as the mortgage industrys system of record from leads at the beginning of the process to hedging and selling into the. Opencloses decisionassist ppe solution is webbased loan product and pricing software that is offered on a softwareasaservice saas basis for all mortgage lending channels and product types. Mortgage loan officers are much more confident that rate locks will be approved due to the accuracy of optimal blue and their robust investor content.
Nylx was originally the engine behind when the company decided that they could enter the loan pricing market and take market share with their existing tool. If you are a current customer then you can access optimal blue through this interface by simply logging in with your valid. Easy mortgage apps announces partnership with optimal blue. Seamless quickbooks integration, builtin document scanning, track loan charges and advances, recurring and event driven reminders, unearned discounts, email statements and notices, incremental funding, conversation log, track insurance and senior liens, unlimited. Optimal blue industryleading secondary marketing automation. Optimal blue launches mortgage pricing application housingwire. The mortgage office by applied business software is an integrated mortgage and loan servicing software for businesses of all sizes.
Apr 08, 2016 easy mortgage apps looks forward to building this partnership with industry leader, optimal blue, to offer all parties involved in the mortgage process a mobilecentric and more efficient way to instantly provide loan options for consumers, said michael kelleher, president and founder of easy mortgage apps. Promontech integrates with optimal blue housingwire. Optimal blue debuts mortgage market pricing indices. Optimal blue, the leading provider of secondary marketing automation and services in the mortgage industry, is proud to announce a gamechanging innovation with mortgage coach, creator of comprehensive pointofsale borrower conversion software. Aug 25, 2017 vantage production partners with optimal blue for realtime pricing. Designed specifically for mortgage brokers, loansifter by optimal blue is the only ppe that supports best execution searches across more than 100 wholesale investors, allowing leading brokers to stay competitive and confidently execute the most profitable lending strategies. The admin fee to the exact dollar amount is deducted from the pricing converted to basis points.
Optimal blue announced on tuesday it acquired mortgage loan trader resitrader, creating the industrys largest mortgage loan trading platform. Finastra announced it will integrate optimal blue s rest apis into its mortgage origination solutions, providing clients realtime access to compliant product and pricing content throughout the. Mortech, nylx, optimal blue, price my loan, and open close. Grow your business with the most robust collection of mortgagespecific marketing and sales capabilities. Mortgage builder combines best practices, a broad mortgage ecosystem and an endtoend software platform that can assist you in closing more loans for less. Access instant, accurate pricing from multiple investors at the touch of a button. Optimal blue announces integration with easy mortgage apps. Optimal blue announces acquisition of comergence housingwire. Rates are updated daily and include data from freddie mac and optimal blue. Managing commercial loan portfolios is a key strategy for improving bank profitability. Dec, 2014 optimal blue, the premier cloudbased provider of enterprise lending solutions to the mortgage industry, including product eligibility and pricing services, recently announced its technology partnership with mortgage coach, an industry innovator in the development of mobile applications.
Without ever leaving the mortgage coach app on their mobile device, loan officers can create informative. Loanpricing pro is a valuable tool for community lenders that can ensure a significant advantage in todays competitive business environment. Increase conversion rates and manage your business from prospecting to postclose. Reviews from optimal blue employees about optimal blue culture, salaries, benefits, worklife balance, management, job security, and more. Optimal blue operates the mortgage industrys digital marketplace, connecting originators, investors, and providers with comprehensive secondary marketing solutions, marketleading capabilities and valueadded services that deliver results. Jul 01, 2009 nylx is a self described product eligibility and loan pricing engine, or in short, a loan pricing tools for mortgage professionals. Loanlogics regtech software validates compliance, improves loan quality and manages risk during the manufacture and acquisition of loan assets. Through direct integration with optimal blue s robust api platform, every mortgage coach application now seamlessly connects realtime, compliant product and pricing data with the compelling. The new category is accessed within calyx points interfaces menu and includes six new companies offering. Using product and pricing content for a network of investors, optimal blues digital mortgage marketplace platform selects. Optimal blue acquires resitrader, creating largest. Digital mortgage software platform blue sage solutions. The solution comprises multiple modules for loan origination and servicing, mortgage pool servicing, trust accounting, escrow administration and offers additional modules for managing mortgage rates, credit. Donna abrams data analystcontent specialist optimal blue.
Todays lending landscape is fastmoving, compliance intensive and margins are thin. Mar 23, 2016 private equity firm serent capital has retained boutique investment bank financial technology partners to explore a sale of mortgage technology company optimal blue, according to people familiar. I have maintained all the duties and responsibilities that i previously held as director of lender. May 07, 20 to name a few, calyx acquired loanscore decisiong, ellie mae followed by acquiring mortgage pricing systems, mortgage builder acquired lxe, ppe optimal blue acquired competitor sollen and earlier this year san franciscobased private equity firm serent capital invested in optimal blue. Keep up with current mortgage rates at housingwires mortgage rates center. The loan decisions division of loanlogics was acquired by optimal blue on october 1, 2018. Atlos offers a flexible pricing plan for affordable mortgage loan software and bank document management at the most costeffective processing package deal. Pricing plan affordable mortgage loan software origination. Mar 21, 20 radian and optimal blue partner to provide mortgage insurance rate quote on optimal blue platform philadelphiabusiness wire radian guaranty inc. Mortgage bankers using encompass banker edition and optimal blue can also perform secondary marketing functions through encompass, including lock confirmations, as well as receive pricing information, such as detailed rate and price adjustment information, directly from optimal blues engine.
Optimal blue, a secondary marketing automation platform provider, announced the release of a new interactive pricing index for the mortgage market to provide consumers and mortgage professionals. Vantage production partners with optimal blue for realtime. A core team of talent new technologies and experienced teams develop the innovations that transform industries. Optimal blue s robust secondary marketing apis deliver accurate, realtime pricing information to the technology solutions their clients rely upon throughout the mortgage loan process. Optimal blue, ellie mae integrate software products. Mortgage coach, developer of pointofsale borrower conversion software, says a new direct integration with optimal blues api platform now enables every mortgage coach application to seamlessly connect compliant product and pricing data with mortgage coachs financial analyses. Now excelling in various facets of technology and mortgage. Best execution mortgage pricing engine, mortgage lead management, online mortgage rate quoting, mortgage secondary desk, mortgage pricing software solutions. Mortgage brokers win more business with loansifter by optimal blue, your gateway to hundreds of investors and thousands of products. Dec 19, 20 the story broke yesterday, but just in case you havent heard yet, optimal blue, a provider of pricing, pointofsale, compliance and secondary marketing automation services for the mortgage industry, has acquired one of its competitors, loansifter, inc. Dec 18, 20 mortgage technology developer optimal blue today acquired its largest competitor, loansifter, in a deal that combines the two largest standalone developers of mortgage product eligibility and pricing engines remaining in the mortgage industry.
Promontech has integrated its pointofsale platform, borrower wallet, with optimal blue in a bid to enhance the customer experience. Blue sage solutions empowers mortgage lenders with bestinclass technology for origination performance excellence anyhow, anytime, anywhere. Lender price is a mortgage pricing engine used by mortgage loan originators to price out thousands of mortgage products from hundreds of lenders in realtime. Mortgage coach analyses paired with optimal blue product and. Nylx loansifter loantek, inc mid america mortgage mortech inc. Finastra announces integration with optimal blue housingwire. Optimal blue announces integration with easy mortgage apps two mortgage technology experts pioneer further innovation optimal blue, the premier cloudbased provider of enterprise lending services to the mortgage industry, recently announced its technology partnership with easy mortgage apps. The loan office is a fully browserbased, affordable, easy to use, powerful software specifically designed for the small lender. Tabrasa mortgage marketing automation, crm, and sales. Save connects backend analysts to frontline sales team to ensure the optimal pricing strategies are applied to each individual customer. My experience culminated at nylx loanlogics where my experience in both fields flourished. For the mortgage affordability calculator, if you are looking for an amortization longer than 25 years andor a mortgage that is more than 75% of the value of your property, we recommend adding 0. Pricing a loan and initial fee worksheet ifw duration.
Optimal blue acquires mortgage tech competitor loansifter. May 30, 2017 optimal blue, which operates a digital marketplace for the mortgage industry, was an honoree on the 2017 hw tech100, while comergence, a provider of due diligence automation and ongoing. Berkshire hathaway elite real estate recommended for you. Radian and optimal blue partner to provide mortgage insurance. By incorporating mortechs suite of mortgage software offerings into your lending strategy, youll be able to automate your daytoday workflow giving you more time to focus on the customer and grow your business. Mortgage software loan quality management loan audit.