Optimal Blue has announced releases to its native mobile app for the Optimal Blue PPE – the industry’s most widely used product, pricing, and eligibility engine. The releases consist of a new mobile app for Android, as well as enhancements to the company’s mobile offering for iOS. The iOS app now includes pricing analysis from the Optimal Blue Mortgage Market Indices (OBMMI), calculated from actual locked rates with consumers across approximately 42% of all mortgage transactions nationwide.
Anchor Loans has announced the launch of its new third-party originator (TPO) channel. The new channel will provide the clients of loan brokers and originators with a suite of residential business purpose loan products, including bridge, fix and flip, ground-up construction, and rental investor loans with debt service coverage ratio (DSCR).
Armed Forces Bank and Vector have teamed up to help make the homebuying process easier for Vector employees. The new “Operation Homeward” program at Armed Forces Bank will provide a preferred mortgage lender program for anyone who works for the Vector family of businesses.
United Wholesale Mortgage (UWM) has announced that it will sunset the name of its consumer-facing website, FindAMortgageBroker.com, and replace it with Mortgage Matchup. Mortgage Matchup will continue to be a consumer-facing website geared toward homebuyers and real estate agents, and will offer both educational material around the homebuying and refinancing processes, along with a searchable database of independent mortgage brokers near them.
