Integration Achieves Real-Time Automation Of Pipeline Management And Rate Locks

Optimal Blue, a provider of secondary marketing automation and services to the mortgage industry, recognizes enterprise SaaS digital mortgage solution provider, Capsilon, as its first strategic partner to complete certification with the highly anticipated Pipeline & Lock Management APIs. By debuting these innovative system-to-system API interfaces in the mortgage industry, Optimal Blue has enabled Capsilon’s digital mortgage platform to fully support the creation, management, registration, and locking of first-lien mortgages instantaneously with Optimal Blue. As a result of this advanced integration, a completed application and pre-approval are done in half the time of the traditional back-and-forth processes, empowering loan officers to be more competitive in today’s purchase market and win more business from real estate agents.

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“Pipeline and rate lock management is a crucial step in the mortgage process and involves many parties, from the consumer to the loan officer, to the secondary marketing department,” explained Bob Brandt, Vice President of Marketing and Alliances at Optimal Blue. “In exposing Optimal Blue’s industry-first pipeline and lock automation functionality to leading point-of-sale experiences like that of Capsilon, we have taken a major step forward to eliminate traditional inefficiencies and advance the industry’s digital mortgage agenda.”

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Just one year ago, Optimal Blue released its first set of API transactions as part of a groundbreaking initiative to knock down the traditional vendor integration barriers that have held the mortgage industry back. This approach aimed to enable Optimal Blue clients to integrate real-time, compliant product and pricing data with the leading mortgage technology systems they rely upon throughout the loan lifecycle, and further automate key functions like pipeline management, rate locks, and more. Since that first release, Optimal Blue’s robust partner ecosystem has experienced substantial growth, integrating more than 45 mortgage technology vendors and driving millions of transactions each month.

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In addition to the Pipeline & Lock Management APIs, Capsilon has thoroughly leveraged Optimal Blue’s Scenario Pricing APIs throughout their digital mortgage platform. These APIs enable Capsilon to natively integrate the highly sophisticated product and pricing strategies of Optimal Blue clients into their captivating user experiences and workflow management capabilities. Optimal Blue’s Scenario Pricing APIs support both Best Execution Search Results and Complete Search Results methods for Capsilon, returning the loan officer’s best-fit mortgage financing alternatives for every loan scenario supported by the lender in real time.

“We are thrilled to be the first industry partner to become certified on Optimal Blue’s powerful Pipeline & Lock Management APIs. This integration enables loan officers to do more of their day-to-day work within the intuitive and user-friendly Capsilon platform, helping them increase efficiency and more quickly convert leads into loans,” expressed Jim Obsitnik, Chief Operating Officer of Capsilon. “This is a collaboration of like-minded technology leaders that have consolidated best-of-breed solutions in the marketplace, ultimately providing a tremendous value to joint clients and the mortgage industry as a whole.”