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.
