The mortgage market contracted sharply in September, but lenders serving borrowers outside traditional agency guidelines gained ground. New figures from Optimal Blue’s September Market Advantage report, released Tuesday, show overall rate-lock activity down 26%...
Optimal Blue is moving further into the front end of mortgage origination. The pricing and capital-markets technology company said Monday it acquired Usherpa, a mortgage marketing automation provider whose tools help loan officers maintain contact with prospects,...
Mortgage lock desks using Optimal Blue’s pricing system can now submit eligible best-efforts commitments to Fannie Mae without entering the loan again in the agency’s separate whole-loan portal, the company announced Monday. The connection links Optimal...
Joe Tyrrell, chief executive of mortgage technology provider Optimal Blue, has joined the Mortgage Bankers Association’s board of directors for the association’s 2027 membership year. Optimal Blue announced the appointment October 11 and said Tyrrell was...
Optimal Blue, the Plano, Texas-based provider of secondary marketing automation and services to the mortgage industry, announced the appointment of Joe Tyrrell as CEO. Tyrrell was previously president of ICE Mortgage Technology, and earlier in his career he served as...