Optimal Blue Launches MI Offering – NMP Skip to main content

Optimal Blue Launches MI Offering

NationalMortgageProfessional.com
Oct 31, 2019
Optimal Blue has announced the launch of BESTX MI

Optimal Blue has announced the launch of BESTX MI, a service that provides risk-based premium comparisons of all six mortgage insurance (MI) companies in a single, side-by-side view. This service builds on the already heavily utilized MI quoting capability currently embedded in the company’s product & pricing solution.
 
Optimal Blue’s BESTX MI service is completely configurable to support the user’s existing MI relationships. With one click, clients can generate accurately calculated premiums from a single MI provider or compare them across their complete set of configured MI providers. Optimal Blue sorts the provider’s results from the lowest premium to the highest and highlights the best available result for each financing scenario. The BESTX MI service also enables lenders to choose from and configure available MI premium types, including monthly, split, single premium, and lender-paid.
 
“Optimal Blue remains focused on delivering the highest level of price transparency in the mortgage industry,” said Sue Baker, vice president of product and client services at Optimal Blue. “The BESTX MI service is yet another Optimal Blue innovation that makes it extremely easy to discover the most affordable, best-fit financing options for today’s consumer–all with a single click.”
 
Optimal Blue recently announced that it is widening its’ support for non-QM and Expanded Guidelines products.

 
Published
Oct 31, 2019
More from
Tech
Better, Palantir Team To Launch Tinman Marketplace

Company says loan platform will revolutionize origination and mortgage portfolio management.

Tech
Aug 18, 2022
Blend Labs Has Cut 420 Jobs Since April

The 25% reduction of its workforce comes as it posts $478 million Q2 loss.

Industry News
Aug 17, 2022
Gambling On A Fully-Mobile Mortgage Future

Developer of Bee app claims an entirely contactless process coming soon

Tech
Aug 16, 2022
How Mortgage Tech Innovation Will Enable Future Real Estate Transactions

Innovation is needed in these areas and the opportunity is significant.

Tech
Aug 16, 2022
Redfin Expands iBuying Business To Florida

RedfinNow, which makes cash offers for homes, now operates in 34 markets in 16 states and the District of Columbia.

Tech
Aug 11, 2022
MISMO Seeks Public Comment On 3 eMortgage Resources

Updates proposed to MISMO Business Glossary, eMortgage Glossary, and eModification Reference Flyer.

Regulation and Compliance
Aug 05, 2022