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Optimal Blue drops three new products at MBA Annual

Optimal Blue on Monday announced three major product releases — the expansion of its artificial intelligence (AI) assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. “Each of these newly announced updates helps our clients address changing market conditions with agility, clarity, and precision,” Joe Tyrrell,…

Ocrolus debuts Inspect, a new AI-driven mortgage solution

Mortgage tech firm Ocrolus has introduced Inspect, a new solution within its artificial intelligence-driven mortgage document automation technology, which the company said will improve efficiency and scalability in loan origination. Inspect helps to “expedite loan processing and reduce origination errors by automatically identifying and resolving data discrepancies between borrower-submitted documents and application data,” the company said…

MISMO reverse mortgage work group on track to deliver new standards

The Mortgage Industry Standards Maintenance Organization (MISMO)’s dedicated reverse mortgage development work group is targeting January 2025 as the release window for reverse mortgage standards it is helping to develop. Industry professionals hope these standards can go a long way toward normalizing reverse mortgage products within the mainstream lending ecosystem. To get a better idea…