Support for Optimal Blue's BESTX TM Pricing

Posted 12 days ago by José Gómez

J
José Gómez Admin

Available: Now, Opt-in

 

How to turn on:

This will not automatically be turned on for our customers. It will be available beginning on the dates listed above. If you’d like to take advantage of this functionality, please open a case with Support.

 

Purpose of Update and Benefit:

In our current Optimal Blue pricing search workflow, our search results will display all of the pricing options that are returned in the search. For lenders that configure many different investors, this makes the pricing search results difficult to parse through, since there will be duplicate versions of every product returned per investor (e.g. if the lender has 10 investors that offer a 30 year fixed rate loan, the 30 year fixed rate option will be returned 10 times). To address this, Blend has the ability to use OB's /Post Product Group Search API, which will mirror the Optimal Blue's BESTXTM Pricing and group results by product type.

This feature is opt-in and can be configured upon request for any customer that's currently using Optimal Blue's BESTXTM Pricing, and has Optimal Blue configured in their Blend environment. If you meet these requirements, please contact Blend Support or your Blend representative in order to configure this for your environment.

Current Behavior:

Blend doesn't support Optimal Blue's BESTXTM Pricing feature set without this config enabled.

New Behavior:

When enabled, loan teams will see a new toggle in their pricing search page. When the toggle is set to "Yes," the pricing results will mirror the functionality of Optimal Blue's BESTXTM Pricing UI and return just a single entry for a given product.

The logic behind how the products appear in the pricing results when the toggle is set to “Yes” can only be configured in Optimal Blue. Blend is simply providing a mechanism for lenders to access this functionality within our platform.

 

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