PLANO, Texas, Aug. 12, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its July 2024 Market Advantage mortgage data report, which revealed that mortgage refinance demand surged to levels not seen since September 2022 amid softening interest rates. The lower interest rates seen in July also coaxed increased purchase activity, which, combined with greater refi […]
Archive | PLANO, Texas
Press Release: Optimal Blue Launches New Generative AI Assistant Capabilities
By Send2Press Newswire on July 23, 2024 in Business, Finance, PLANO, Texas, Press Releases, Product Launches, Software, Technology
PLANO, Texas, July 23, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced the delivery of generative AI capabilities centered on helping lenders maximize profitability on every loan transaction. Through direct engagement with its thousands of clients, the company has begun delivering generative AI capabilities built for secondary-market-specific use cases and purposefully designed to solve the […]
Press Release: Stack Sports Teams Up with The Miracle League to Revolutionize Inclusive Sports
By Send2Press Newswire on July 15, 2024 in Alliances and Partnerships, Business, PLANO, Texas, Press Releases, Sports and Activities
PLANO, Texas, July 15, 2024 (SEND2PRESS NEWSWIRE) — Stack Sports, the leading provider of sports management solutions, is excited to announce the signing of its new strategic partnership with The Miracle League, an organization focused on providing opportunities for children with disabilities to play Miracle League baseball.
Press Release: Falling Home Prices and Purchase Mortgage Locks Reveal a Stagnant Late-Spring Housing Market
By Send2Press Newswire on July 10, 2024 in Business, Finance, PLANO, Texas, Press Releases, Reports and Studies
PLANO, Texas, July 10, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year. All mortgage lock figures in this news release […]
Press Release: Optimal Blue Launches Competitive Data License to Help Lenders Optimize Margins With Competitive Loan Pricing Data
By Send2Press Newswire on June 25, 2024 in Business, Finance, PLANO, Texas, Press Releases, Product Launches, Technology
PLANO, Texas, June 25, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue announced the release of Competitive Data License, a collection of key national mortgage pricing data that enables lenders to price products competitively, operate more profitably, and react swiftly to changing market conditions. Competitive Data License draws upon direct-source loan data from the Optimal Blue PPE, […]
Press Release: Stack Sports and The Fellowship of Christian Athletes (FCA) Renew Strategic Partnership to Grow Participation
By Send2Press Newswire on June 19, 2024 in Alliances and Partnerships, Business, PLANO, Texas, Press Releases, Software, Sports and Activities, Technology
PLANO, Texas, June 19, 2024 (SEND2PRESS NEWSWIRE) — Stack Sports, the leading provider of sports management solutions, announced the renewal of its multi-year partnership with Fellowship of Christian Athletes (FCA) Sports, an interdenominational Christian sports ministry working to see the world transformed by Jesus Christ through the influence of coaches and athletes.
Press Release: Mortgage Interest Rate Sensitivity Triggers 25% Spike in May Rate-and-Term Refinance Activity
By Send2Press Newswire on June 13, 2024 in Business, Finance, PLANO, Texas, Press Releases, Reports and Studies
PLANO, Texas, June 13, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month […]
Press Release: Optimal Blue Names Joe Tyrrell Chief Executive Officer
PLANO, Texas, June 10, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced the appointment of Joe Tyrrell as CEO. Tyrrell succeeds interim CEO Scott Smith of Optimal Blue’s parent company, Constellation Software Inc. Tyrrell brings over 25 years of experience in the mortgage, finance, and technology industries to Optimal Blue.
Press Release: Optimal Blue Announces ‘Optimize Your Advantage’ to Showcase How Its Capital Markets Platform Puts Lenders in Control of Their Margins
By Send2Press Newswire on May 16, 2024 in Business, Finance, PLANO, Texas, Press Releases, Product Launches
PLANO, Texas, May 16, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue announced the launch of its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This comprehensive brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue’s position as the housing industry’s only end-to-end capital markets […]
Press Release: Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
By Send2Press Newswire on May 13, 2024 in Business, Finance, PLANO, Texas, Press Releases, Reports and Studies
PLANO, Texas, May 13, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its April 2024 Originations Market Monitor report, which reveals the first year-over-year increase in purchase mortgage lock counts since the Federal Reserve initiated rate hikes in March 2022.