Digital loan trading exchange Resitrader, announced the integration of its fully automated trading platform with HW Tech100 winner LendingQB.

Resitrader, which was acquired by Optimal Blue earlier this year, provides its users with a streamlined interface that enables participants to quickly and efficiently update loan-level trade information immediately following completion of a trade, according to the company.

Resitrader's platform works by creating a trade ticket for every trade between sellers and buyers, as well as Fannie Mae and Freddie Mac.

LendingQB's users can import various data points across multiple trades with one click, according to the company's press release.

“The ‘one-click’ feature is highly regarded by our clients,” said Linn Cook, director of sales and marketing with LendingQB. “The ability to easily move data from trading to their LOS has saved an incredible amount of time and streamlined the archaic process of manual, duplicate entry.”

“Our partnership with LendingQB further demonstrates our commitment to an open platform across the industry,” explained John Ardy, vice president of Resitrader by Optimal Blue.

About the Author

Most Popular Articles

Freddie Mac: Mortgage rates reverse course from last week’s low

This week, the average U.S. fixed rate for a 30-year mortgage jumped to 3.69%. That’s still more than a percentage point lower than the 4.85% of the year-earlier week.

Oct 17, 2019 By

Latest Articles

Embrace Home Loans names new senior vice president, retail and direct sales

Embrace Home Loans, a Rhode Island-based mortgage lender, announced this week that longtime employee Ryan “Buddy” Hardiman is being promoted to senior vice president of retail and direct sales.

Oct 18, 2019 By