PLANO, TX--(Marketwired - March 13, 2015) - Optimal Blue, the premier cloud-based provider of enterprise lending services to the mortgage industry, was recently named to HousingWire's HW TECH100™ for the second consecutive year. Optimal Blue was also named to the inaugural list in 2014. The HW TECH100 takes a broad focus approach across the U.S. housing economy as a whole, spanning real estate to mortgage lending, servicing and investments, recognizing industry technology in a new, unique and powerful way.
As explained in the publication's official announcement, HousingWire looks at technology innovation along six different categories: uniqueness of solution, growth, market influence, market potential, elegance of implementation, and "something else entirely" -- a catch-all for other factors that drive innovation.
"Technology is changing both the mortgage and real estate industries in tangible and positive ways. The honorees that are part of the 2015 HW TECH100 are shaping this revolution, helping forge the future of an industry that drives the U.S. economic engine," said Paul Jackson, Publisher and CEO at HousingWire.
Optimal Blue's Enterprise Lending Services address everything from consumer to capital markets, all underscored by compliance. Well-known for their leading product pricing and eligibility (PPE) engine, Optimal Blue provides strategic pricing, distribution and workflow tools -- including conditional and dynamic mark-ups, relock process automation, best execution, and more. Optimal Blue Secondary Services allows for accurate, real-time pipeline valuations and best execution; while the company's Consumer Direct and Point of Sale Services platform enables lenders to engage consumers through almost any internet-enabled channel, empowering consumers and reducing costs for lenders. Optimal Blue Advantage addresses complicated fair lending compliance issues in real-time allowing lenders to monitor and enforce their Fair Lending policies in real time; while Optimal Blue Insight provides the industry's only real-time market pricing and competitive benchmarking against peers.
"We are honored to be recognized for the second year by an industry leading publication such as HousingWire Magazine," said Larry Huff, co-founder and co-CEO of Optimal Blue. "2014 was our 10th consecutive year of record growth with revenue soaring nearly 75%." Huff added, "Having nearly 1 in 5 mortgages originated in the United States -- as well as 1.2 Million locks with loan amounts of 262 Billion dollars being facilitated by Optimal Blue's services -- affirms the innovation and value we deliver to our customers."
About the HW TECH100™
The HW TECH100™ highlights the housing economy's 100 most innovative technology companies, along six unique dimensions of innovation. The annual awards program is the only program of its kind to include technology serving both the U.S. residential real estate and U.S. residential mortgage industries.
About HousingWire
HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.
About Optimal Blue
Optimal Blue is a cloud-based provider of managed-content, product pricing and eligibility (PPE), secondary marketing, point-of-sale and compliance technology and services. Based in Plano, Texas, Optimal Blue has developed an enterprise class suite of products and services designed to automate a lender's complex processes, improving efficiency and profitability while gaining a competitive advantage.
For more information, please visit www.optimalblue.com.
Contact Information:
PRESS CONTACT:
Mike Maccioli
Vice President, Marketing
(972) 781-0200
mmaccioli@optimalblue.com