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Optimal Blue and SimpleNexus Partner to Enhancing LO Productivity
Jun 07, 2016
SimpleNexus has announced that it has raised $20 million in growth capital from Insight Venture Partners to accelerate continued growth and expansion

The cloud-based provider of Enterprise Lending Services (ELS) to the mortgage industry, Optimal Blue, has announced that it has entered into a technology partnership with SimpleNexus. Optimal Blue's compliant pricing services will now be available to industry professionals and consumers through the SimpleNexus mobile platform. Having this blend of resource tools at their fingertips, loan officers will be more efficient in nurturing clientele and facilitating all phases of the loan process.

There has been a demand for pricing through mobile platforms, so executives from both companies are confident that this alliance will set the new standard for compliance, convenience, security and mobility. The combination of Optimal Blue's expertise in pricing, along with the robust capabilities of SimpleNexus' mobile platform, will provide loan officers and other stakeholders with increased profitability and productivity by providing the necessary tools when and where needed.

"SimpleNexus enables originators to interact with borrowers and agents, not only during the loan, but before and after as well," said Matt Hansen, president of SimpleNexus. "This strategic partnership was an ambitious accomplishment. Optimal Blue's reputation and focus on innovation align perfectly with who we are, so we are confident that lenders and their partners will see increased production when utilizing these technologies."

"This is the perfect blend of skills and services provided by two best-in-class companies," said Mark Coupland, vice president of business development at Optimal Blue. "This will further extend the reach of both companies' offerings into the loan origination process, benefiting all stakeholders in the process and most importantly, the consumer. This is just the beginning."

Jun 07, 2016
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