DAILY MORTGAGE RATES  (May 29, 2024) — Powered by OBMMI™

30-Yr. Conforming

7.103% +0.111

30-Yr. Jumbo

7.294% +0.079

30-Yr. FHA

6.800% +0.058

30-Yr. VA

6.653% +0.065

30-Yr. USDA

6.846% +0.182

15-Yr. Conforming

6.417% +0.109


Intelligent Trade Blotter Provides Significant Business Gains

— Optimal Blue’s intelligent trade blotter enables easy modeling and trade execution; draws high praise from clients —

The comprehensive pipeline risk management and hedging capabilities of Optimal Blue’s Enterprise Secondary Marketing Solution just got better. Today the company has unveiled a highly-advanced trade blotter feature that empowers its clients to easily model coverage and execute trades, leverage a streamlined workflow for associating longs/shorts, and benefit from enhanced business intelligence capabilities.

The functionality is garnering rave reviews from Optimal Blue clients. They have noticed a significant increase in efficiencies as related to modeling, adding, lifting and rolling coverage, as well as the planning and executing of trades.

“It is great to be able to see what someone has modeled, rather than relying on screen shots or word of mouth,” said Patrick Ruybal, Risk Management Specialist at All Western Mortgage. Ruybal further explained that his team enjoys being able to set up buy/offers as first-in, first-out, stating “The dealers have gone this route, and we prefer to remain in line with our dealers and lift coverage as needed by order of trade date, based upon the security.”

Another bonus, Ruybal adds, is the ability to lift from multiple dealers at once for the same security. “Optimal Blue’s trade blotter has saved considerable time in this process and reduced the manual task of working within spreadsheets. Our team is free to allocate that much needed time elsewhere.”

Zalman Zwiebel, Secondary Market Director at Ark Mortgage, said that leveraging this feature has dramatically increased efficiency. “What I love most is when I have multiple trades at the same time. I am now able to enter all data at once as opposed to previously entering data separately,” Zwiebel said.


Robert J. Brandt
Vice President, Marketing & Strategic Alliances
(469) 609-5585