Conversation Generation AI Chat Assistant Ask Obi aims to provide high-level insights “to better understand the data that drives your business.”
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Mortgage Technology Provider Optimal Blue says it will deploy AI assistants designed to provide high-level insights to executives later this month, an update on a range of new products and features announced this month.
Optimal Blue’s conversational generation AI chat assistant Ask Obi said that mortgage executives “who issued the most concessions in the second week of January 2025 by which loan officer issued the most concessions?” Helps you investigate profitability metrics with queries such as:
Erin Wester
According to Erin Wester, Chief Product Head of Optimal Blue, “users can have interactive conversations to better understand the data that drives their business,” it may require filtering and manual choices. Ask some Obi Beats tools.
“Although Ask Obi is designed for ease of use and conversational interaction, it conveniently builds up previous users’ inquiries and proposes preloaded questions,” Wester said in a statement. .
Optimal Blue said it plans to offer Ask Obi to its clients for beta testing later this month.
In another announcement, Optimal Blue announced new products and features, including:
Originator Assistant: AI-powered tool from Optimal Blue’s Mortgage Products and Pricing Engine (PPE) that identifies alternative loan scenarios that can generate more competitive pricing. Rule Optimizer: The optimal Blue PPE feature that allows lenders to streamline the rule creation process by creating a single rule and applying it to multiple investor relationships. Rate Sheet Tool: Ability to connect front-end origination prices with back-end secondary market pricing to generate rate sheet pricing at known margins. Assistant Review: “Using AI to read broker-dealer files and parse documents into usable formats” Compass Edge Hedging and Loan Trading Platform features. Mortgage rate futures: A cash setting agreement that provides direct exposure to the latest major mortgage rates available to borrowers. Solution Center: A partner market where users can sell products and services through a two-sided market of integrated partners that have been reviewed.
Previously a Black Night Company, the best Blue was spinoff in 2023 by a subsidiary of Toronto-based Constellation Software Inc. to satisfy antitrust regulators and buy Black Night by Intercontinental Exchange (ICE). Collected I’ve cleared the path to
Joe Tyrrell
Ellie May and InterContinental Exchange veteran Blue CEO Joe Tyrrell took over the leadership reins in June.
The constellation software for the large and growing conglomerate is known by economists as “Tech’s Berkshire Hathaway.”
The Black Knight’s Loan Origination System is owned by Dark Matter Technologies, a company within Constellation Software’s Perseus Group.
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