33 minFeaturing Michael Stallings, VP of Comergence
Solving the Social Media Conundrum
33 minFeaturing Michael Stallings, VP of Comergence
Solving the Social Media Conundrum
Differentiate your business and employ sophisticated product, pricing, and margin strategies
4 minFeaturingChris Gray, VP of Mortgage at Leaders Credit Union
Discover the impactful story of Leaders CU and how they leveraged automation to accelerate growth and become a Top 300 mortgage lender in the credit union space.
7 minFeaturing Brennan O’Connell, Data Solutions Manager
Brennan joins Jill Malandrino on #TradeTalks to discuss the current trends in the mortgage market.
7 minFeaturing Jeremy Moreno, Regional VP of Sales
Jeremy joins Brena Nath to discuss Optimal Blue HousingWire’s TECH100 SPOTLIGHT at the 2020 Mortgage Innovators Conference
27 min Featuring Rick Allen, VP of Business Transformation
Rick Allen shreds with Josh Pitts, as the two discuss Optimal Blue’s data domination.
7 minFeaturing Brennan O’Connell, Data Solutions Manager
Brennan joins Jill Malandrino on #TradeTalks to discuss Optimal Blue’s new partnership with Nasdaq and the dissemination of OBMMI via the GIDS platform.
— Indices provide granular and accurate data to daily movement of mortgage rates —
Optimal Blue, a leading provider of secondary marketing solutions and actionable data services in the mortgage industry, recently announced the completion of integration with Nasdaq’s Contributor API (CAPI), which enables the real-time distribution of Optimal Blue Mortgage Market Indices™ (OBMMI™) on Nasdaq’s Global Index Data Service℠ (GIDS) platform.
Individuals who closely monitor the U.S. economy understand the strong correlation between the performance of the housing industry and the overall economy. For that reason, the availability of granular and accurate indices that depict the daily movement of mortgage rates provides a great benefit to the investing public. Optimal Blue’s timely indices offer substantial visibility into some of the critical drivers of mortgage pricing and trends over time for all GIDS data recipients, at no additional cost.
“We are thrilled to announce the availability of OBMMI on the Nasdaq platform,” said Scott Happ, CEO of Optimal Blue. “OBMMI are uniquely positioned to provide unparalleled transparency into mortgage rates and this partnership enables Optimal Blue to deliver additional visibility into these key market metrics to even more financial services professionals—that’s a win for all involved.”
OBMMI was created by Optimal Blue to provide mortgage and finance professionals and market participants alike with greater visibility into how key credit factors impact mortgage pricing. Based on actual locked rates with consumers across 35% of all mortgage transactions nationwide, OBMMI are a compilation of sixteen mortgage rate indices developed around the most popular mortgage loan products and the primary credit-related attributes that impact mortgage pricing. These unique and granular indices provide an unprecedented level of daily insight into mortgage rate trends—the most comprehensive, accurate, and timely analysis of pricing ever conducted in the mortgage industry.
“Nasdaq is dedicated to bringing transparency throughout the financial ecosystem, including through our Global Index Data Service (GIDS),” explained Oliver Albers, Senior Vice President and Head of Data with Nasdaq’s Global Information Services. “The addition of mortgage rate indices known as OBMMI on GIDS provides additional clarity to an important asset class.”
Nasdaq GIDS provides data recipients, either directly or through a third-party distributor, the opportunity to reduce network, administrative, and data center costs through one connected ecosystem, rather than multiple data feeds. More than 700 firms—including all major market data vendors, market exchanges, sell-side banks, buy-side firms, trade automation providers, and financial web portals—receive real-time data feeds from Nasdaq GIDS and distribute to financial industry participants around the globe.
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PRESS CONTACT FOR OPTIMAL BLUE
Robert J. Brandt
Vice President, Marketing & Strategic Alliances
(469) 609-5585
bbrandt@optimalblue.com
7 minFeaturing Mark Teteris, Director of Solutions Specialists
Informative demo on how data and analytics can give lenders a competitive edge in any market.
26 min Featuring Jim Glennon, Director of Secondary Services
Jim Glennon shreds with Josh Pitts, as the two discuss Hedging, Trading and Automation.
15 min Featuring Cheri Brooks, Sales Solutions Specialist
Cheri Brooks shows how to leverage data to make better decisions.
32 min Featuring Scott Happ, CEO of Optimal Blue
Scott Happ shreds with Josh Pitts, as the two discuss Optimal Blue and the evolution and future of the dynamic FinTech space.
Advance success with customized automation and reap the benefits of a solution that is available to HFAs today