Tag: mortgage secondary marketing technology
Average Homebuyer Credit Score Hits the Highest Mark in Years
PLANO, Texas, April 8, 2024 (SEND2PRESS NEWSWIRE) -- Today, Optimal Blue released its March 2024 Originations Market Monitor report, which reveals the average homebuyer credit score has reached 737 - an all-time high since the company began tracking this data in January 2018. Despite the potential buyer pool being somewhat limited to borrowers with higher credit, rate lock volume showed steady month-over-month growth of 17% in March as the spring buying season got underway.
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, Jan. 16, 2024 (SEND2PRESS NEWSWIRE) -- 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.
Optimal Blue Originations Market Monitor: December Brought Significant Growth in Rate/Term Refinance Volume as Falling Rates Created Favorable Tailwinds
PLANO, Texas, Jan. 15, 2024 (SEND2PRESS NEWSWIRE) -- 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 into origination activity.
