Calyx Software and Optimal Blue recently announced the completion of the integration between Path, Calyx’s cloud-based, dynamic mortgage loan origination software (LOS), and Optimal Blue’s product eligibility and pricing engine.
Optimal Blue’s secondary marketing application programming interfaces (APIs) are designed to provide accurate, real-time pricing information to the technology solutions their clients rely upon throughout the mortgage loan process, according to a press release. As the first LOS platform to integrate with Optimal Blue’s APIs, Calyx Path now provides immediate access to accurate and compliant product, eligibility and pricing information at the point of sale — increasing efficiency in the loan life cycle and minimizing the potential for error.
“We are thrilled that Calyx has selected Optimal Blue to enhance the Calyx Path user experience,” said Bob Brandt, Optimal Blue’s vice president of marketing and alliances. “Both organizations have an established legacy in the industry, founded on a commitment of continuous innovation. The real-time integration we have just completed couldn’t exemplify that commitment any better.”
“We’re excited that Path is the first LOS to implement Optimal Blue’s APIs,” Calyx Software Executive Vice President of Business Development Bob Dougherty said. “The ability to price loans using the industry’s leading product and pricing engine streamlines the mortgage process for our originator clients and their borrowers.”
Dougherty was promoted to the role of executive vice president of business development in earlier in the month.