Optimal Blue

Optimal Blue

Optimal Blue

Jul 26, 2:21 PM

What will be the next big breakthrough in mortgage technology? We are at the brink of the next big breakthrough in mortgage technology right now. What it is? The sea change starting to emerge is sophisticated, real-time integration leading to a whole new chapter of vendor collaboration and an un-siloed mortgage technology process. The mortgage industry was not always that way. A decade ago, the vendor marketplace was very fragmented and vendor-to-vendor collaboration was limited. The consumers experience felt very siloed, from lead to application to processing and beyond. This lack of collaboration and integration slowed the industrys potentialand lenders' success. Optimal Blue is at the heart of this market transformation to integration and collaboration. Today, product eligibility and pricing content, as well as sophisticated analytics, is consistently used in real-time across every leading technology solution, from lead generation to marketing to application to processing to closing and beyond. To support integration across such a large array of organizations, digital loan market operators are investing deeply in RESTful advanced Application Programming Interfaces, or APIs, to facilitate this data exchange.

Jul 24, 0:47 PM

How does Optimal Blues Digital Marketplace Platform give lenders a leg up on the competition? Optimal Blues digital marketplace is a three-sided network whose value to individual participants grows as the total number of participants grows. A market with five hundred lenders is more valuable to an investor than a market with fifty because it provides greater opportunity for investors to expand their origination network. Similarly, a market with large numbers of investors is attractive to lenders as they may benefit from both increased buyer competition and access to more loan programs. Lastly, theres more market demand and a broader value promise for technology providers when they are connected to the largest networks of lenders, investors and real-time content versus a closed network strategy some pursue. Digital loan markets also create significant operational efficiencies by reducing marginal transaction costs. That is, once onboarded to a digital loan market, lenders, investors and technology providers can add incremental business relationships with minimal effort. For these reasons, digital loan markets have quickly achieved a relatively large scale and today, price a plurality of mortgage loans.

Jul 17, 0:42 PM

Optimal Blues digital marketplace is a three-sided network whose value to individual participants grows as the total number of participants grows. A market with five hundred lenders is more valuable to an investor than a market with fifty because it provides greater opportunity for investors to expand their origination network. Similarly, a market with large numbers of investors is attractive to lenders as they may benefit from both increased buyer competition and access to more loan programs.Theres more market demand and a broader value promise for technology providers when they are connected to the largest networks of lenders, investors and real-time content versus a closed network strategy some pursue. Find out more here: https://www2.optimalblue.com/wp-content/uploads/2017/03/Digital-Loan-Markets-Whitepaper.pdf

Jul 13, 0:36 PM

"The digital loan marketplace has disrupted the fundamental process by which the mortgage market functions. By bringing loan buyers and sellers together along with third-party technology providers on a single technology platform, the digital loan marketplace improves price transparency and drives operational efficiency. From a technology perspective, software and APIs are at the core of the marketplace, but economies of scale and network effects are driving their growth. While a relative newcomer to the mortgage industry landscape, digital loan markets are a substantial innovation with significant speed, accuracy and compliance advantages for the lending process." - Scott Happ, CEO

1 job at Optimal Blue

Jobs in