Integration Creates More Efficient and Comprehensive Origination Workflow
LAKE MARY, FL, Dec. 3, 2014 /CNW/ - DH Corporation (TSX: DH) ("D+H") today announced that it has entered into an agreement with Optimal Blue that will broaden the scope of solutions offered to its MortgagebotLOS™ loan origination clients, with product eligibility and pricing services, as well as secondary marketing services.
"We're very pleased to partner with a forward-thinking FinTech leader like D+H that shares our focus on the future of web-based financial services, our industry expertise, and our understanding of what clients need in order to thrive in this shifting landscape," said Larry Huff, co-founder and co-CEO, Optimal Blue. "The integration of our best-of-breed offerings will add tremendous value for mortgage lenders looking to increase profitability and efficiency while mitigating risk."
The integration of these platforms will enable mortgage lenders of financial institutions to seamlessly access Optimal Blue product and pricing functionality without leaving the MortgagebotLOS environment. In addition, secondary marketing and loan lock functionality accessed within Optimal Blue will be consolidated and synchronized with MortgagebotLOS in real time.
"We understand how important it is for our clients to maintain a seamless experience throughout all stages of the origination workflow," said Bill Neville, president, D+H USA. "By integrating Optimal Blue's system with MortgagebotLOS, we are making it easier for our clients to optimize their operations so they can focus on what they're known for—providing outstanding service to their customers."
Through the use of Optimal Blue's comprehensive lending solutions, lenders are able to perform secondary marketing functions, automate lock policies and processes, receive detailed pricing information both real-time and historically, as well as build and maintain loan products, profitability and branch structures. Once each loan has been sourced and priced through Optimal Blue, they may be processed within MortgagebotLOS for submission to preferred lenders. Users can also opt to pre-qualify borrowers through select lenders by leveraging Optimal Blue's automated underwriting capabilities. Lenders leveraging Optimal Blue's pipeline risk management, best-execution, loan allocation and hedge advisory services will also have seamless and real-time loan data from MortgagebotLOS.
D+H is a leading provider of secure and reliable technology solutions to domestic and global financial institutions with a reputation for being a trusted partner that helps clients build deeper, more profitable relationships with their customers based on rich industry and market insight, and consumer knowledge. Today, approximately 7,000 banks, specialty lenders, community banks and credit unions rely on D+H to deliver solutions across three broad service areas: Banking Technology Solutions, Lending Solutions, and Payments Solutions. Our integrated, compliant technology solutions enable clients to grow, compete, and optimize their operations, while our forward looking approach helps them stay ahead of the market and anticipate changing consumer needs. D+H is one of the world's top FinTech companies as measured on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward.
DH Corporation is listed on the Toronto Stock Exchange under the symbol DH. Further information can be found at www.dh.com and in the disclosure documents filed by DH Corporation with the securities regulatory authorities at www.sedar.com
SOURCE: DH Corporation
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