Optimal Blue

With investor loans accounting for more than a third of Non-QM production, the company is bringing leases, rent schedules, and entity documentation into its pre-underwriting platform

Investor and DSCR loans drive the segment’s growth as conforming lending loses ground

Purchase locks fell 12% from June as the conforming share dropped to 47.3%, extending the mortgage market’s shift toward more specialized products

Lenders can use VantageScore 4.0 in Optimal Blue’s mortgage pricing, eligibility, hedging, trading, and MSR valuation workflows

June purchase locks climbed 14% year over year while non-conforming and Non-QM lending continued gaining market share, according to Optimal Blue

Non-QM loans reached 9% of lock volume in May while adjustable-rate mortgages climbed to 11% and conforming share remained below 50%