Castle & Cooke Mortgage Enhances Business Processes With Optimal Blue

Company Eliminates Manual Lock Processes Through LO -- Facing Solution


PLANO, TX--(Marketwired - July 27, 2015) - Headquartered in Salt Lake City, Castle & Cooke Mortgage, LLC® is one of the nation’s leading independent mortgage lenders. With 36 locations across the United States and over 250 employees, the company is centered on three core values: integrity, honesty and transparency. Currently executing an aggressive growth strategy, Castle & Cooke Mortgage is continually updating business processes and implementing enhancements to enable loan officers to work more efficiently and close more loans, as well as keep the company on the cutting edge of the mortgage industry.

Danny Jasper, Senior Vice President of Capital Markets, stated that a seamless integration and ease-of-use were just a couple of the major drivers behind the company’s decision to utilize Optimal Blue. "We were seeking a pricing engine that would be fully compatible with our new loan origination software (LOS). The management team at Castle & Cooke Mortgage had prior positive experiences with Optimal Blue, and it was deemed by the team to be the best option to fit our company’s needs."

With a 99.99+% accuracy rate and the largest library of investors, Optimal Blue Banker connects hundreds of investors with more than 2,000 financial institutions and is currently the system of record for over $200 Billion in mortgage locks annually. Tailored to fit virtually any lender’s business model, Optimal Blue Banker allows originators to streamline product selection and workflow, resulting in a fully customized, automated solution to Castle &Cooke Mortgage’s sales force.

As a result of Optimal Blue’s exceptional customer service and support, Jasper said Castle & Cooke Mortgage experienced a smooth implementation of the loan origination software. Since implementation, Castle & Cooke Mortgage has also leveraged Optimal Blue’s internal training and implementation team to support their initiatives.

"We expect Optimal Blue’s technology to increase Castle & Cooke Mortgage’s already exceptional customer service and to further streamline our lending processes," Jasper added. "Optimal Blue Banker provides a reliable, automated pricing engine that is unmatched in my opinion."

Larry Huff, Co-CEO of Optimal Blue, recognizes the forward thinking culture at Castle & Cooke Mortgage. Huff commented, "Castle & Cooke Mortgage are a pleasure to work with. Their vision for how a mortgage lender should serve their customer is closely aligned with that of Optimal Blue. We are honored to deepen our partnership with them and look forward to continuing to innovate our services in ways that will deliver even more value across their enterprise."

About Castle & Cooke Mortgage, LLC

Castle & Cooke Mortgage (NMLS# 1251), one of the nation’s leading independent mortgage lenders with 36 locations across the United States and more than 250 employees, is centered on three core values -- integrity, honesty and transparency -- as well as exceptional customer service. Headquartered in Salt Lake City, the company provides some of the quickest funding in the industry and a broad array of loan programs to meet any borrower’s needs. According to Mortgage Executive Magazine, the 10-year-old company is already among the top 100 mortgage lenders in the nation. Backed by the financial strength of its more than 160-year-old parent company Castle & Cooke, Castle & Cooke Mortgage can be found on Twitter at @CastleandCooke and on Facebook at Facebook.com/Castle.Cooke.Mortgage. Castle & Cooke Mortgage is an Equal Housing Lender.

About Optimal Blue

Optimal Blue is the premier cloud-based provider of managed-content, pricing and product eligibility (PPE), secondary marketing, consumer engagement, data and analytics, and compliance 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. With a 99.999% accuracy rate, Optimal Blue technology connects hundreds of investors with more than 1,500 financial institutions, and is currently the system of record for over $200 Billion in mortgage loans, representing 1 of every 4 loans nationally.

For more information, please visit www.optimalblue.com.

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PRESS CONTACT FOR OPTIMAL BLUE:

Mike Maccioli
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(972) 781-0200
mmaccioli@optimalblue.com