Recent enhancements to product eligibility and pricing engines include integrations with mortgage insurance companies and customer relationship management providers.
A new application programming interface was announced in April by the Plano, Texas-based technology provider,
Optimal Blue.
The first deliverables available through the new API platform allow secure access to pricing for eligible products for both consumer direct and loan officer implementations.
The APIs can be used by lenders that desire to integrate product-and-pricing data with proprietary website, mobile or point-of-sale solutions.
In addition, vendor partners can enhance their offerings with the integration of originator-specific price data. Several vendors reportedly have already agreed to utilize the APIs.
A month earlier, Optimal Blue revealed
a new business intelligence tool that provides real-time visibility into a lender’s market share based on rate-lock volume. In addition to volume, lenders can reportedly track their ranking by price, rate and loan amount as well as FICO score and product type.
Mortgage insurance companies to recently integrate their offerings into
Optimal Blue’s PPE include Mortgage Guaranty Insurance Corp. and National Mortgage Insurance Corp.
Among CRM providers to recently integrate their services into the Optimal Blue PPE are CMPS Institute, Media Center CRM and Total Expert Inc.
Other mortgage service providers that recently integrated their wares into Optimal Blue’s PPE include
Capsilon Corp.
Over at Mortech, the Zillow Group subsidiary recently said that its PPE was integrated with BeSmartee and Resitrader.
Arch Mortgage Insurance Co. said last month that its services were integrated into the Lender Price PPE.
Mortgage Daily maintains a directory of PPEs at www.mortgagedaily.com/PricingEngineDirectory.asp.
