Jul 01, 2009 nylx is a self described product eligibility and loan pricing engine, or in short, a loan pricing tools for mortgage professionals. 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. 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. Easy mortgage apps announces partnership with optimal blue. If you are a current customer then you can access optimal blue through this interface by simply logging in with your valid. 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. 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. 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. Without ever leaving the mortgage coach app on their mobile device, loan officers can create informative. 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. Donna abrams data analystcontent specialist optimal blue. Optimal blue announces integration with easy mortgage apps. Laura albert director data management optimal blue linkedin.
Pricing plan affordable mortgage loan software origination. Calyx pricer caliber correspondent caliber wholesale federal home loan bank greenbox loans, 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. Mortech, nylx, optimal blue, price my loan, and open close.
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. Optimal blue provides a contentmanaged product eligibility and pricing engine ppe for correspondent lenders. Using product and pricing content for a network of investors, optimal blues digital mortgage marketplace platform selects. The loan office is a fully browserbased, affordable, easy to use, powerful software specifically designed for the small lender.
Serent capital puts fintech company optimal blue on the block. 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. Managing commercial loan portfolios is a key strategy for improving bank profitability. Optimal blue debuts mortgage market pricing indices. Promontech integrates with optimal blue housingwire. 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. 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. 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. Finastra announces integration with optimal blue housingwire. Todays lending landscape is fastmoving, compliance intensive and margins are thin. The mortgage office by applied business software is an integrated mortgage and loan servicing software for businesses of all sizes. 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.
Optimal blue industryleading secondary marketing automation. 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. Nylx loansifter loantek, inc mid america mortgage mortech inc. Increase conversion rates and manage your business from prospecting to postclose. Loanpricing pro is a valuable tool for community lenders that can ensure a significant advantage in todays competitive business environment. 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. Optimal blue launches mortgage pricing application housingwire. 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. Reviews from optimal blue employees about optimal blue culture, salaries, benefits, worklife balance, management, job security, and more. 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. Loanlogics regtech software validates compliance, improves loan quality and manages risk during the manufacture and acquisition of loan assets. Vantage production partners with optimal blue for realtime. Atlos offers a flexible pricing plan for affordable mortgage loan software and bank document management at the most costeffective processing package deal. 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. Rates are updated daily and include data from freddie mac and optimal blue. Mortgage coach analyses paired with optimal blue product and. A core team of talent new technologies and experienced teams develop the innovations that transform industries. I have maintained all the duties and responsibilities that i previously held as director of lender. 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. The loan decisions division of loanlogics was acquired by optimal blue on october 1, 2018. 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. Optimal blues product and pricing becomes the mortgage. Promontech has integrated its pointofsale platform, borrower wallet, with optimal blue in a bid to enhance the customer experience. The admin fee to the exact dollar amount is deducted from the pricing converted to basis points. 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. We see optimal blue as a profit center, we dont see it as a cost. Access instant, accurate pricing from multiple investors at the touch of a button.
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. Mar 21, 20 radian and optimal blue partner to provide mortgage insurance rate quote on optimal blue platform philadelphiabusiness wire radian guaranty inc. My experience culminated at nylx loanlogics where my experience in both fields flourished. Mortgage software loan quality management loan audit. Blue sage solutions empowers mortgage lenders with bestinclass technology for origination performance excellence anyhow, anytime, anywhere. Optimal blue acquires resitrader, creating largest. Lender price mortgage pricing engine and digital mortgage. Radian and optimal blue partner to provide mortgage insurance. 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. Tabrasa provides enterprise level solutions, individual solutions, and industry leading mortgage market insights. 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. Tabrasa mortgage marketing automation, crm, and sales. Aug 25, 2017 vantage production partners with optimal blue for realtime pricing.
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. Optimal blue acquires mortgage tech competitor loansifter. Berkshire hathaway elite real estate recommended for you. 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. Digital mortgage software platform blue sage solutions. Keep up with current mortgage rates at housingwires mortgage rates center. Mortgage builder combines best practices, a broad mortgage ecosystem and an endtoend software platform that can assist you in closing more loans for less.
Grow your business with the most robust collection of mortgagespecific marketing and sales capabilities. 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. The new category is accessed within calyx points interfaces menu and includes six new companies offering. Mortgage brokers win more business with loansifter by optimal blue, your gateway to hundreds of investors and thousands of products. Pricing a loan and initial fee worksheet ifw duration. 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. Optimal blue announces acquisition of comergence housingwire. Optimal blue announced on tuesday it acquired mortgage loan trader resitrader, creating the industrys largest mortgage loan trading platform. Save connects backend analysts to frontline sales team to ensure the optimal pricing strategies are applied to each individual customer.
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