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Optimal Blue Adds Product Comparison Feature to its Loansifter PPE to Help Brokers Enhance the Mortgage Shopping Experience for Their Borrowers

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Optimal Blue, a division of Black Knight, has launched a new Product Comparison tool as part of its Loansifter PPE system. This feature allows brokers to generate interactive reports showcasing mortgage options, enhancing the loan shopping experience for borrowers. Available as a standard feature, the tool offers a side-by-side comparison of mortgage rates and lets brokers customize reports with their branding. This upgrade aims to streamline the mortgage process, enabling brokers to focus on client relationships while supporting searches across 120+ wholesale investors to help them stay competitive. The launch highlights Black Knight's commitment to providing innovative solutions in the mortgage lending industry.

Positive
  • Introduction of the Product Comparison tool enhances user experience for brokers and borrowers.
  • Standard feature in Loansifter PPE, promoting competitive advantages for brokers.
  • Supports side-by-side breakdown of mortgage rates, facilitating informed decision-making.
  • Customizable reports allow brokers to maintain brand identity.
Negative
  • None.

New Feature Provides Customer-Friendly Visualization of Mortgage Options

  • Optimal Blue, a division of Black Knight, has added a new Product Comparison tool to its Loansifter PPE, allowing brokers to provide their borrowers with a user-friendly, interactive report of mortgage options to aid in the loan shopping experience
  • Now available as a standard feature with all Loansifter PPE subscriptions, Product Comparison generates a side-by-side breakdown of mortgage rates to help borrowers better understand and compare their loan options
  • Product Comparison gives brokers flexibility to configure consumer-facing reports with their own distinct brand elements
  • Designed specifically for mortgage brokers, the Loansifter PPE supports best execution searches across more than 120 wholesale investors, allowing leading brokers to stay competitive and confidently execute profitable lending strategies

JACKSONVILLE, Fla., April 6, 2023 /PRNewswire/ -- Optimal Blue, a division of Black Knight, Inc. (NYSE:BKI), announced the release of Product Comparison, a new feature available in the company's cloud-based Loansifter product, pricing and eligibility (PPE) engine for mortgage brokers. Product Comparison generates user-friendly, interactive reports within seconds to engage and educate their borrowers by providing a breakdown of various mortgage options side by side for an easy comparison. This visualization aids the customer shopping experience and helps brokers generate additional business by providing value-added tools to their customers.

The Loansifter PPE, which is designed specifically for mortgage brokers, supports best execution searches across more than 120 wholesale investors, allowing leading brokers to stay competitive and confidently execute profitable lending strategies. Product Comparison is now included as a standard feature with all Loansifter PPE subscriptions. The new feature includes configurable options so brokers can add their own distinct brand elements.  

"Brokers know how important it is to make the most of every lead while operating as efficiently as possible, particularly in uncertain markets," said Kevin McMahon, president of Optimal Blue, a division of Black Knight. "Our new Product Comparison tool addresses these demands by automating the process of generating a customer-friendly report of eligible options. Rather than toggling between systems and manually compiling scenarios for customers, brokers can focus on building relationships with them, and ultimately nurture more leads down their pipelines."

The Loansifter PPE is a core component of Black Knight's suite of integrated solutions designed specifically for brokers. This includes the cloud-based LoanCatcher loan origination system, which enables brokers to build their business with the same level of technology leveraged by the nation's largest and most successful lenders. Additionally, the Surefire customer relationship management and marketing automation engine helps brokers stay in front of customers and prospects with valuable content about housing, mortgages and more to improve recapture and retention.

About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.

Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com.

For more information:


Michelle Kersch

Mitch Cohen     

904.854.5043

Black Knight, Inc.  

704.890.8158

Black Knight, Inc.  

michelle.kersch@bkfs.com

mitch.cohen@bkfs.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/optimal-blue-adds-product-comparison-feature-to-its-loansifter-ppe-to-help-brokers-enhance-the-mortgage-shopping-experience-for-their-borrowers-301790516.html

SOURCE Black Knight, Inc.

FAQ

What is the new Product Comparison tool launched by BKI?

The Product Comparison tool is a new feature in the Loansifter PPE system that allows mortgage brokers to generate interactive reports comparing mortgage options.

How does the Product Comparison tool benefit brokers using BKI's Loansifter PPE?

It helps brokers provide a user-friendly experience for borrowers, allowing them to easily compare mortgage rates and options, ultimately enhancing customer engagement.

When was the Product Comparison tool announced by Black Knight?

The Product Comparison tool was announced on April 6, 2023.

How does BKI's Loansifter PPE support mortgage brokers?

The Loansifter PPE supports best execution searches across more than 120 wholesale investors, enabling brokers to remain competitive in the mortgage market.

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