Lodasoft, a Livonia-based digital workflow platform designed to assist mortgage loan origination and task automation, has integrated with Black Knight’s Optimal Blue PPE engine.
Black Knight, headquartered in Jacksonville, Fla., is a leading provider of technology, data, and analytics to the mortgage industry.
The new integration enables mortgage lenders to deliver the Optimal Blue PPE pricing workflows into Lodasoft’s platform, allowing lenders to automate pipeline management and loan searches, as well as to price loans in real time for consumers and originators.
As a result of the integration, mortgage lenders are expected to benefit from an end-to-end mortgage task automation software that significantly enhances productivity and quality, while offering greater efficiency. Lenders leveraging Lodasoft will have instant access to the most comprehensive product and pricing solution available to further enhance workflow efficiencies while staying competitive and confidently executing profitable lending strategies.
“Black Knight is proud to work with technology-forward providers, such as Lodasoft, that are committed to delivering accurate product and pricing to all relevant access points within the loan life cycle,” says Scott Happ, president of Black Knight Secondary Marketing Technologies. “By making the highly accurate Optimal Blue PPE more widely available, we are able to help more users price loans, while better supporting borrower expectations.”
Designed by mortgage veterans, Happ says Lodasoft sits parallel to mortgage lenders’ current processes and systems while eliminating redundancies to provide users with familiarity and the right solutions to execute at the highest level. He says Lodasoft’s configurable engine and integrations, now including the Optimal Blue PPE, offer mortgage professionals the ability to simplify the process.
“Lodasoft strives to make lenders understand how to make their loan process more efficient, scalable and profitable — and then we provide the tools to do so,” says Adam Batayeh, president of Lodasoft. “Through our integration with the Optimal Blue PPE, we are building onto our existing platform to further reduce friction for borrowers and lenders. We look forward to the tremendous value this will provide our clients.”
For more information, visit lodasoft.com.