PLANO, Texas--(BUSINESS WIRE)--Optimal Blue, leading provider of secondary marketing automation and services in the mortgage industry, recently launched the second phase of the company’s highly-advanced, best-in-class Application Programming Interface (API). The company’s API solution now includes a host of new client and vendor capabilities, including scenario pricing and locking, as well as functionality and enhancements built directly into one of the industry’s most widely-used LOS platforms.
This expanded suite of API offerings will provide full listing search results, best execution search results and unprecedented pipeline and lock management. Users can not only create, update, and retrieve loans, but they can also seamlessly retrieve, filter, and sort pipelines. Additionally, the ability to register loans, request locks, and automatically accept locks is built into the API.
This expansion of the API’s lock automation also powers mobile applications, loan officer portals, broker portals, and consumer portals.
“We take pride in providing originators with the ability to price using the industry’s premier product eligibility and pricing engine,” said Scott Happ, CEO of Optimal Blue. “Now, originators can lock their loans just as easily and faster than ever before. For existing clients, this will allow further integration of the API into their loan application process, resulting in a streamlined and simplified workflow.”
“After experiencing the success that our customers and third-party providers had with our first suite of API offerings, we were eager to release the next set into production,” said Erin Wester, Senior Product Manager at Optimal Blue. “Now, the possibilities of our APIs reach far beyond scenario pricing. We are providing opportunities for our customers to engage their customers and their internal users in whatever solution or UI/UX they desire – all the way through the initial lock of a loan.”
ABOUT OPTIMAL BLUE
Optimal Blue operates the mortgage industry’s Digital Marketplace, connecting originators, investors, and providers with a single, unified technology and value-added services platform. Optimal Blue’s Digital Marketplace enables originators to automate their entire secondary marketing operation, from content through commitment, provides investors with network access and an array of compliance and business intelligence tools, and offers innovative providers API-based access to the Optimal Blue platform. Together, these originators, investors, and providers form a unique, multi-sided network touching one of every four mortgage loans closed nationally each year. For more information, visit www.optimalblue.com.