Optimal Blue Unveils Scenario Optimizer, Enhancing Its PPE Engine with Advanced Loan Comparison Capabilities

Scenario Optimizer automatically generates side-by-side loan comparisons so loan originators can quickly identify the best loan scenarios for borrowers

PLANO, Texas – Oct. 28, 2024 – Optimal Blue today announced it has enhanced its product, pricing, and eligibility (PPE) engine with the launch of Scenario Optimizer. The new feature automatically generates multiple loan options side by side, optimizing the results and accelerating the process of identifying the most favorable loan scenarios for borrowers, all while making it easier than ever for originators to find the best loan for their borrowers.

With Scenario Optimizer, loan originators can quickly assess how various loan products, terms, and other scenario characteristics, such as down payment amounts impact borrower eligibility and pricing. This not only expedites the decision-making process but also enhances borrower transparency, providing them with a clearer picture of their options.

“Scenario Optimizer enables lenders to meet consumer expectations for fast, digital service while simplifying the loan evaluation process for loan officers,” said Erin Wester, vice president of product management at Optimal Blue. “The feature both improves productivity for loan officers and helps strengthen borrower relationships with transparent pricing guidance.”

Designed for ease of use, Scenario Optimizer integrates directly into the loan origination system (LOS), offering advanced loan pricing capabilities from a centralized platform. Currently available to ICE Encompass clients via Encompass Partner Connect, Optimal Blue plans to expand Scenario Optimizer’s reach to additional LOS platforms in the coming months.

“At Optimal Blue, we are committed to continuously enhancing our solutions to add more value to our lender clients at no additional cost,” said Joe Tyrrell, CEO of Optimal Blue. “The Optimal Blue PPE is the industry’s most accurate and comprehensive solution of its kind, and we understand that loan pricing precision is integral to borrower outcomes. The Scenario Optimizer feature aids loan officers in helping borrowers secure the best terms for their home financing needs, which ultimately supports the dream of homeownership.”

About Optimal Blue
Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit OptimalBlue.com.

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Media Contact
Olivia DeLancey, Optimal Blue
904.854.5459
Olivia.DeLancey@OptimalBlue.com