SOURCE: Optimal Blue LLC

Leading Mortgage Enterprise Lending Services

March 07, 2016 17:22 ET

Optimal Blue Named Technology Leader for Third Consecutive Year

PLANO, TX --(Marketwired - March 07, 2016) - Optimal Blue, the premier cloud-based provider of enterprise lending services connecting the consumer to the capital markets, was recently named to HousingWire's list of technology leaders for the third consecutive year. The HW TECH100™ is the only program of its kind to include technology serving both the U.S. residential real estate and U.S. residential mortgage industries.

The annual awards program highlights the housing economy's 100 most innovative technology companies, along six unique dimensions of innovation:

  • Uniqueness of solution;
  • Growth;
  • Market influence;
  • Market potential;
  • Elegance of implementation; and
  • Something else entirely (the designated catch-all for other factors that drive innovation).

"The companies in the HW TECH100™ are providing innovative solutions to the traditionally hide-bound mortgage finance industry," said HousingWire Editor-in-Chief Jacob Gaffney. "In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry."

Optimal Blue's enterprise lending services address everything from consumer to capital markets, all underscored by compliance. Known throughout the industry for the leading product eligibility and pricing (PPE) engine and 99.99+% accuracy rate, Optimal Blue provides strategic pricing, distribution and workflow tools, such as conditional and dynamic mark-ups, relock process automation, best execution, and more. Optimal Blue Secondary Services allows for accurate, real-time pipeline valuations and best execution, in addition to having recently introduced automated bulk bidding to its customer base; while the company's Consumer Direct and Point-of-Sale platform provides direct access to secure, online loan selection and applications from a lender's website, tablet or mobile device, empowering consumers and reducing costs for lenders. Earlier this year, Optimal Blue launched QuickSearch, a powerful mobile technology service providing users a competitive edge through a strategic mobile maneuver. Optimal Blue Advantage enables lenders to monitor and enforce their fair lending policies in real time; and Optimal Blue Insight provides comprehensive daily coverage of 600 lenders and 280 MSAs to benchmark retail pricing against peers at the local market level in real-time for any scenario.

"We are honored to be recognized by HousingWire for the third consecutive year, and consider this a strong testament to Optimal Blue's continual commitment to delivering the innovative, best-in-class services that our customers deserve," said Larry Huff, Co-Founder and Co-CEO of Optimal Blue. "The mortgage market has a great number of very competent technology providers, and it is invigorating to be considered among the top in this complex market. It gives us our vim!"

About HousingWire
HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.

About Optimal Blue
Optimal Blue is the premier cloud-based provider of managed-content, pricing and product eligibility (PPE), secondary marketing, consumer engagement, data and analytics, and compliance 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. With a 99.999% accuracy rate, Optimal Blue technology connects hundreds of investors with more than 1,500 financial institutions and currently touches nearly 1 of every 4 mortgage loans originated nationally.

For more information, please visit www.optimalblue.com.

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