DAILY MORTGAGE RATES February 03, 2025
Powered by OBMMI™

November-07-2024

Optimal Blue Vice President of Hedging and Trading Client Services Jim Glennon Receives Lending Luminary Award from PROGRESS in Lending

PLANO, Texas – Nov. 7, 2024 – Optimal Blue has announced that Jim Glennon, vice president of hedging and trading client services, has been named a 2024 Lending Luminary Award winner from PROGRESS in Lending.

“It is an honor to be included in this list of professionals dedicated to helping clients navigate the dynamic nature of mortgage capital markets,” said Glennon. “I’m proud to work with a team at Optimal Blue that excels in guiding clients on capital markets strategy and technology utilization helping them to maximize profitability through any market turbulence.”

With a career dedicated to the mortgage hedging and trading arena, Glennon leads a 60-person hedging and trading client services team at Optimal Blue. This team is instrumental in driving the migration to CompassEdge among existing clients and onboarding new clients, while continuing to support and advise those using CompassPoint, Optimal Blue Secondary Services (OBSS), and Resitrader.

Glennon often serves as a “boots on the ground” consultant, providing clients with expert guidance on tactical decisions and acting as a knowledgeable sounding board for determining the best counterparty relationships to pursue. He also mentors his team as they help clients navigate market volatility. Glennon’s team handles hundreds of inquiries daily from clients and acts as intermediaries with over 100 counterparties, including broker/dealers, aggregator investors, and the GSEs.

This award honors mortgage bankers, lenders, servicers, technology executives, and consultants who drive success within their companies and the broader housing industry. As noted on the PROGRESS in Lending website, these Lending Luminary award winners “deserve recognition for their visionary leadership and industry contributions.”

The complete list of the 2024 Lending Luminary award winners can be viewed on the PROGRESS in Lending website.

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.

# # #

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