Optimal Blue (OB), a division of Black Knight, is a premier SaaS marketplace platform facilitating commerce between mortgage originators and investors. It provides the only true end-to-end secondary marketing technology solutions suite in the mortgage industry. Market functions include real-time price discovery, execution, workflow automation, risk management, counterparty oversight and data services.
Originators use OB to access investor pricing, conduct loan auctions, hedge lock exposure and gain new investor relationships. Mortgage investors use the OB platform to approve and monitor originators, distribute pricing in real time and buy loans. Third-party vendors can access OB’s clients’ pricing information to improve product and service offerings. OB’s best-in-class technology platform operates on a highly scalable, resilient cloud-based infrastructure with an open architecture. Its sophisticated product and pricing engine enable lenders to provide the right mortgage product at the best price, while its powerful hedge analytics and loan trading tools mitigate interest rate risk and help drive profitability.