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CEEL study: Amidst economic crisis, more than eight in 10 congressmen have no background in economics or business

National Mortgage Professional
Sep 30, 2008

AllRegs and Optimal Blue announce integrated solution for loan officers: Partnership to make loan guidelines accessible through PPE MortgagePress.comAllRegs, regulatory compliance, Optimal Blue, LoanLibrary, PPE, Dan Thoms AllRegs, an information provider for the mortgage lending industry, and Optimal Blue, developer of a comprehensive, Web-based platform that couples decisioning technology with content management for the mortgage industry have combined resources to provide an integrated solution for loan officers. The AllRegs LoanLibrary product, which features 2,600 products and 60 investors, will now be available to all users of Optimal Blue's Web-based product eligibility and pricing engine (PPE). Optimal Blue maintains, updates and delivers the current mortgage product content accessed by its customers through their automated secondary marketing platform. The data from the AllRegs application will be integrated into Optimal Blue's PPE through its sophisticated Web service, allowing Optimal Blue customers to search product and pricing, with the seamless ability to access updated investor guidelines. This new integrated product will be a feature available to all Optimal Blue customers. "AllRegs is proud to partner with Optimal Blue on such an important service," said Dan Thoms, AllRegs senior vice president. "By combining our resources, loan officers will have access to a product that enables them to better manage their loan products, search them in seconds, and view all the investor guidelines they need to choose the appropriate products for their customers." Larry Huff, co-CEO of Optimal Blue, said, "In today's mortgage environment, having a product eligibility and pricing engine is a necessity, as it enables mortgage bankers to automate the sourcing, pricing, and locking of a loan within seconds. AllRegs consistently enhances its products to anticipate the needs of its customers, and this integration is validation of those efforts. AllRegs and Optimal Blue users will benefit from cost and time savings, higher borrower satisfaction and increased profitability." For more information, visit www.allregs.com or www.optimalblue.com.
Published
Sep 30, 2008
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