Black Knight Inc. has launched new API capabilities for its Loansifter PPE engine to support the automated exchange of data between mortgage brokers and integration partners.
Loansifter PPE, offered by Black Knight’s Optimal Blue division, was built specifically for brokers and supports best execution searches across more than 120 investors. As an open-source tool, the Loansifter PPE now allows third-party integration partners to access rates from their existing broker clients, as well as prospective broker clients, via API connections.
“Technology providers can now automate access to rates without relying on manual data transfer from brokers, helping both parties increase efficiencies while avoiding errors and reducing risk,” says Scott Happ, president of the Optimal Blue division of Black Knight.
“We understand the value an API platform brings to our clients and integration partners, and this is a testament to our focus on serving the industry’s needs,” Happ continues. “Providers now have access to thousands of brokers ready to share their rates, and brokers have an effortless connection to third parties that can help them advance their business goals.”