Black Knight Inc. says it has completed integration of its Optimal Blue product, pricing and eligibility engine with Freddie Mac’s Loan Selling Advisor application programming interfaces (APIs).
By connecting the two in real time, the Optimal Blue PPE further enhances efficiencies and secondary marketing processes by fully automating the pricing of Freddie Mac loans.
The integration, available to all Freddie Mac sellers that use the Optimal Blue PPE, enables lenders to leverage automated processes to access and price Freddie Mac loans. The previous authentication process has been replaced with a streamlined setup that provides quick access to the functionality housed within the Freddie Mac platform. Additionally, the integration enables mutual clients to increase pricing accuracy, augment operational efficiencies, shorten processing times and scale more effectively.
“In a market that demands efficiency, accuracy and automation, we are proud to deliver this integration with Freddie Mac’s Loan Selling Advisor and enable mutual clients to price these loans as efficiently as possible,” says Scott Happ, president, Black Knight Secondary Marketing Technologies.
Freddie Mac’s Loan Selling Advisor is also integrated with Black Knight’s Resitrader and CompassPoint solutions.