DAILY MORTGAGE RATES  (April 18, 2024) — Powered by OBMMI™

30-Yr. Conforming

7.176% -0.004

30-Yr. Jumbo

7.355% -0.023

30-Yr. FHA

6.882% +0.048

30-Yr. VA

6.708% -0.071

30-Yr. USDA

6.824% -0.081

15-Yr. Conforming

6.616% +0.022
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June-01-2017

CMPS Institute Leverages Optimal Blue Real-Time Pricing to Increase Accuracy and Efficiencies

CMPS Institute has chosen Optimal Blue as their partner to provide loan officers with highly accurate, real-time product eligibility and pricing through the Optimal Blue API.

The CMPS Platform is a CRM technology and lead conversion suite for banks, credit unions, mortgage companies, and individual loan originators. Loan originators use the CMPS Platform to create and keep track of daily sales activities, prepare loan comparison reports, automate marketing, and measure progress with each borrower and strategic partner relationship. By integrating Optimal Blue’s real-time product eligibility and pricing content directly into the CMPS workflow, loan originators can now easily leverage real-time, accurate pricing directly from the CMPS system when comparing loan options.

“Our partnership with Optimal Blue will help banks, credit unions, and mortgage companies to improve their customer experience,” said Gibran Nicholas, CEO of CMPS Institute and creator of the CMPS Platform. “This integration will empower loan originators to compare loan options more effectively and automatically send quarterly mortgage reviews to their borrowers, comparing the borrower’s interest rate with current market rates. This gives loan originators a relevant way to stay in touch with their database, improve client retention, and unlock the lifetime value of their clients.”

“For too long, mortgage industry services have been isolated and essentials like real-time pricing and product eligibility were considered out of reach to even the most sophisticated platforms. Partnering and integrating with CMPS changes the game,” said Chazz Huston, Strategic Alliances Manager for Optimal Blue. “This integration brings together a first-in-class CRM with the best-in-class Enterprise Secondary Marketing Solution to provide instant and accurate pricing, and creates a model for how to move the industry forward.”

ABOUT CMPS INSTITUTE
CMPS Institute is a national organization that certifies mortgage bankers and brokers. We provide mortgage planning certification, sales training and technology systems to banks, credit unions, mortgage companies and individual loan originators. For more information, visit www.cmpsinstitute.org.

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PRESS CONTACT FOR CMPS INSTITUTE
Gibran Nicholas
Chairman and CEO
(734) 385-6177
gibran@cmpsinstitute.org

PRESS CONTACT FOR OPTIMAL BLUE
Robert J. Brandt
Vice President, Marketing & Strategic Alliances
(469) 609-5585
bbrandt@optimalblue.com