Black Knight and Freddie Mac have announced completing an integration that would allow their clients to price loans accurately while shortening process times.
According to a Press release, Black Knight’s Optimal Blue PPE engine is now integrated with Freddie’s Loan Selling Advisor APIs (application programming interfaces). Through the integration, the Optimal Blue PPE enhances secondary marketing processes by fully automating the pricing of Freddie Mac loans.
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“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,” said Scott Happ, president of Black Knight Secondary Marketing Technologies. “We remain aligned with Freddie Mac’s commitment to deliver compelling innovations and position our mutual clients on the forefront of technology.”
Additionally, Freddie Mac’s Loan Selling Advisor is also integrated with Black Knight’s Resitrader and CompassPoint offerings. Black Knight said that its collaborative efforts with the GSE allow it to provide an end-to-end user experience for loan officers and secondary marketing professionals.