Vendors Integrate To Help Lenders Mitigate Risk

D+H Corp. has entered into an agreement with Optimal Blue that will broaden the scope of solutions offered to its MortgagebotLOS loan origination clients, with product eligibility and pricing services, as well as secondary marketing services. Here’s how the integration happened and why it matters for lenders:

“We’re very pleased to partner with a forward-thinking FinTech leader like D+H that shares our focus on the future of web-based financial services, our industry expertise, and our understanding of what clients need in order to thrive in this shifting landscape,” said Larry Huff, co-founder and co-CEO, Optimal Blue.

The integration of these platforms will enable mortgage lenders of financial institutions to seamlessly access Optimal Blue product and pricing functionality without leaving the MortgagebotLOS environment. In addition, secondary marketing and loan lock functionality accessed within Optimal Blue will be consolidated and synchronized with MortgagebotLOS in real time.

“We understand how important it is for our clients to maintain a seamless experience throughout all stages of the origination workflow,” said Bill Neville, president, D+H USA. “By integrating Optimal Blue’s system with MortgagebotLOS, we are making it easier for our clients to optimize their operations so they can focus on what they’re known for — providing outstanding service to their customers.”

Through the use of Optimal Blue’s lending solutions, lenders are able to perform secondary marketing functions, automate lock policies and processes, receive detailed pricing information both real-time and historically, as well as build and maintain loan products, profitability and branch structures. Once each loan has been sourced and priced through Optimal Blue, they may be processed within MortgagebotLOS for submission to preferred lenders. Users can also opt to pre-qualify borrowers through select lenders by leveraging Optimal Blue’s automated underwriting capabilities. Lenders leveraging Optimal Blue’s pipeline risk management, best-execution, loan allocation and hedge advisory services will also have seamless and real-time loan data from MortgagebotLOS.

About The Author

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Tony Garritano

Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.