–Black Knight has completed the integration of its Optimal Blue PPE with the LendingPad lending system
–LendingPad users can now seamlessly leverage the Optimal Blue PSA to create compliant pricing scenarios across multiple channels in real time
–Through these integrations, loan officers can generate individual scenarios, start applications and block loans without leaving the LendingPad platform
JACKSONVILLE, Florida., July 19, 2021 / PRNewswire / – Today, Black Knight, Inc. (NYSE: BKI), an award-winning software, data and analytics provider serving the mortgage and consumer credit, real estate and capital markets industries, announced several integrations of its leading product and pricing model, Optimal Blue PPE LendingPad. As a cloud-based mortgage loan (LOS) system, LendingPad helps companies streamline and manage lending processes and improve the customer experience. With this multi-point integration, LendingPad now seamlessly uses the Optimal Blue PPE to enable wholesale, correspondent and retail lenders to create compliant pricing scenarios in real time regardless of their business channel.
“LendingPad’s ever-evolving functionality makes it popular with lenders,” said Wes Yuan, Managing Director at LendingPad. “Our customers will benefit greatly from this important integration with the Optimal Blue PPE, which provides automation and pricing accuracy across multiple credit channels.”
Using Optimal Blue’s application programming interface (API), these connections help LendingPad LOS users streamline the mortgage process while increasing loan officer productivity and reducing costs. Without leaving the LendingPad platform, loan officers can create personalized loan scenarios, quickly start applications and block loans.
“Black Knight is committed to breaking down barriers to integration in order to make accurate pricing more accessible to industry users who rely on accurate pricing,” said Scott Happ, President of Black Knight Secondary Marketing Technologies. “We are confident that LendingPad customers will see significant efficiency gains by easily accessing information from our industry-leading Optimal Blue PSA without leaving the LendingPad user interface.”
Home loan experts created LendingPad’s innovative lending system in 2015 to deliver an exceptional user experience, make better lending decisions, and improve individual lenders’ chances of success. LendingPad ® uses a highly scalable cloud infrastructure and is a web-based, innovative end-to-end LOS that offers unique functions such as multi-user editing functions for the same file and push updates in real time. LendingPad ® Network is a hub that connects borrowers, brokers, lenders and service providers. The solutions offered by LendingPad increase the efficiency, compliance and information security of brokers, lenders and custodian banks. LendingPad is sponsored by the National Association of Mortgage Brokers (NAMB), a senior member of the Mortgage Bankers Association (MBA) and a winner of HousingWire’s Tech100 award. LendingPad ® is a product of LendingPad Corp, based in McLean, Virginia.
About Black Knight
Black Knight, Inc. (NYSE: BKI) is an award-winning software, data, and analytics company innovating in the mortgage lending, services, real estate, capital and secondary markets. Companies use our robust, integrated solutions across the entire life cycle of home ownership to retain existing customers, attract new customers, reduce risks and work more effectively.
Our customers rely on our proven, comprehensive, scalable products and our unwavering commitment to world-class customer care to help them achieve their strategic goals and better serve their customers. For more information on Black Knight, see www.blackknightinc.com.
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SOURCE Black Knight, Inc.