Category: Optimal Blue
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Spring Buying Season Kicks Off With an Uptick in Purchase Applications Despite Climbing Interest Rates
PLANO, Texas — Today, Optimal Blue released its February 2024 Originations Market Monitor report, which reveals that the spring homebuying season has kicked off with a jump in monthly purchase mortgage locks. The seasonal spike in purchase locks propelled a net increase in origination activity, even as higher interest rates led to steep declines in…
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Optimal Blue’s Mike Schommer Honored as a 2024 HousingWire Finance Leader
PLANO, Texas — Today, Optimal Blue announced its vice president of finance, Mike Schommer, has been honored as a 2024 HousingWire Finance Leader. The award program celebrates senior finance executives who have exhibited exceptional leadership in corporate finance, capital markets, and accounting within the mortgage and real estate sectors.
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Optimal Blue Originations Market Monitor: Lock Volume Rises 36% Month Over Month in January, Falling Rates and Slowing Decline in Purchase Counts May Signal Lending Relief in 2024
PLANO, Texas — Today, Optimal Blue announced the release of its Originations Market Monitor report, looking at mortgage origination data through January month-end. Leveraging daily rate lock data from the Optimal Blue PPE – the industry’s most widely used product, pricing, and eligibility engine – the Originations Market Monitor provides a comprehensive and timely view…
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Optimal Blue Clinches 2024 HousingWire Tech100 Mortgage Award
PLANO, Texas — Today, Optimal Blue announced its selection by HousingWire as a Tech100 Mortgage award winner. Now in its 12th year, HousingWire’s Tech100 award program spotlights the most innovative and impactful tech organizations in housing.
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Optimal Blue PPE Now Available in Native Mobile App for Android and iOS, Gives Loan Officers ‘Pricing in Their Pocket’ With Full Product and Search Capabilities
PLANO, Texas — Today, Optimal Blue announced releases related to its publicly listed, native mobile app for the Optimal Blue PPE – the industry’s most widely used product, pricing, and eligibility engine. The releases consist of a new mobile app for Android, as well as enhancements to the company’s mobile offering for iOS.
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Optimal Blue Originations Market Monitor: December Brought Significant Growth in Rate/Term Refinance Volume as Falling Rates Created Favorable Tailwinds
PLANO, Texas — Today, Optimal Blue announced the release of its Originations Market Monitor report, looking at mortgage origination data through December month-end. Leveraging daily rate lock data from the Optimal Blue PPE – the industry’s most widely used product, pricing, and eligibility engine – the Originations Market Monitor provides a comprehensive and timely view…