SOURCE: Optimal Blue LLC

Leading Mortgage Enterprise Lending Services

January 19, 2015 16:47 ET

Leading Industry Publications Look to Optimal Blue for Accurate Market Data

PLANO, TX--(Marketwired - January 19, 2015) - Often referred to as the most influential voice for real estate finance, the Mortgage Bankers Association (MBA) is known for leading the charge to create a sustainable and vibrant future for the mortgage industry.

In an effort to keep industry professionals cognizant of recent trends, the February 2015 issue of Mortgage Banking Magazine will highlight the 'Top Origination Markets by Loan Volume' for Consolidated Metropolitan Statistical Areas (CMSAs), as well as Metropolitan Statistical Areas (MSAs).

Optimal Blue, the premier cloud-based provider of enterprise lending solutions to the mortgage industry, was able to assist in the gathering of this informative data through the use of its comprehensive technology. Connecting almost 200 investors with 3,000 financial institutions and touching nearly one in every six new mortgages, Optimal Blue is designed to automate a lender's complex processes, improving efficiency and profitability while gaining a competitive advantage.

The February 2015 published data is based on loans locked from within enterprise lending platform, Optimal Blue Banker, and includes loan count, volume, average amount and change from the prior month, as well as a percentage of both Qualified Mortgage (QM) and non-QM loans. The QM status is determined by product and/or rate choice at the time of lock. Through the platform's powerful product eligibility and pricing, lenders have the power to research and compare loan scenarios for any attribute of a locked loan at any time in that loan's history, ensuring that all decisions are made based on accurate and time-relevant market and pipeline information. 

Optimal Blue will continue to provide updated data for the publication on a monthly basis.

About Mortgage Banking Magazine
Mortgage Banking Magazine is valued for its exclusive interviews and columns, relied on for news on the latest industry developments and has been a must-read source for the industry's leading executives since 1939. For more information, please visit www.mortgagebankingmagazine.com.

About Optimal Blue
Optimal Blue is a cloud-based provider of managed-content, product eligibility and pricing (PPE), secondary marketing, point-of-sale and compliance technology and services. Based in Plano, Texas, Optimal Blue has developed an enterprise class suite of products and services designed to automate a lender's complex processes, improving efficiency and profitability while gaining a competitive advantage. For more information, please visit www.optimalblue.com.

Contact Information