Thu. Jan 23rd, 2025
Trending: California wildfires live updates: 30,000 evacuated as explosive Hughes fire breaks out amid strong winds near CastaicUnion investigates claims that Boeing is sending work to non-union locationsRoswell police officer rams vehicle while responding to crashSamsung unveils new AI phones in bid to beat Apple, Chinese rivalsThe 22 Most Exciting New Hotels Opening in the First Months of 2025Survivor of Nova Music Festival Massacre to Represent Israel at Eurovision Song ContestForget weight. Why you should measure progress by non-scale victoriesSean ‘Diddy’ Combs Files $50 Million Defamation Suit Against Grand Jury AccuserFast-moving fire north of LA closes part of I-5 and frays nerves in California after back-to-back blazesAntioch school shooting: Nashville suspect, 17, posted alt-right paraphernalia, photos from past school shootingsMLB Hall of Famer Mariano Rivera, Wife Clara Accused of Covering Up Child Sex AbuseWhy Is Intel Corporation (INTC) Among the Best Semiconductor Stocks to Buy for the AI Boom?Man, 52, arrested in a string of nearly 10 Southern California robberiesFormer Arkansas officer arrested, charged with assault in beating of handcuffed inmateFleet Management That’s Fit for the FutureLarge new wildfire forces more evacuations in Southern CaliforniaTrump addresses Davos, American Airlines earnings: What to Watch4-year-old dead, Ohio police officer seriously hurt after shootingJamie Dimon sounds the alarm on stocks, says the market is looking ‘kind of inflated’Half of Atlanta TSA agents call out, leading to major delays at Hartsfield-JacksonSmoke pours from Hughes Fire as Los Angeles faces another blazeLocal TV Meteorologists Bid Farewell After LayoffsFamily outraged after man convicted in Connecticut killings gets clemency from Biden in drug caseSamsung unveils new Galaxy S25 phones with better cameras, enhanced AIUnited Airlines CEO calls pullback in domestic seats a durable trend‘Blow her head off’: Video shows armed man attack, threaten to shoot woman outside Indy gas stationMan arrested in St. Johns County after allegedly robbing store, threatening clerk with knifeLes Paul owned by guitar god Jeff Beck auctioned for over £1 mnHow to delete Facebook, Instagram, and ThreadsWhy Advanced Micro Devices, Inc. (AMD) Among the Best Semiconductor Stocks to Buy for the AI BoomColombian president visits southern Haiti as country battles surge in gang violenceDo You Have News to Share? Get It Published.CNN and NBC News to lay off employees, CNBC reports‘Iceballs’ prompt Tallahassee PD to use pepper balls on FSU student snow celebrationRivian Is Offering $6,000 In Discounts On Its Excellent Trucks And SUVsIU honors 2025 Building Bridges award recipientsNasdaq soars on AI optimismNew wildfire breaks out north of Los Angeles, forces evacuationsLIVE: Georgia schools closing Thursday due to winter storm | Full list19 Truly WILD Photos Of The Winter Snowstorm That Hit The Southern US, Including Florida, Texas, And LouisianaHere’s what we know about the Nashville high school shootingInfluencer, 45, dies after going under general anesthesia for back tattooTrump has canceled Biden’s ethics rules. Critics call it the opposite of ‘drain the swamp’Disney Cruise Line raises gratuity rates. Here’s how much they cost.ULM President Ron Berry announces his resignation and return to professorshipEleven killed after passengers fleeing rumours of fire were hit by another trainRain, snow may be inbound to San Diego after weeks of fire weatherNetflix raising prices as subscriptions soarSalesforce CEO Marc Benioff’s war of words with Microsoft rages on at DavosSXSW Film & TV Festival Unveils First Wave of 2025 Lineup: Nicole Kidman, Seth Rogen, Ben Affleck, and MoreNancy Leftenant-Colon, who was the first Black woman in Army Nurse Corps, has diedMandatory evacuations, warnings ordered due to Hughes Fire: Here’s how to find out if your area is impactedSXSW 2025 Lineup: Seth Rogen’s ‘The Studio,’ Jenna Ortega Comedy ‘Death of a Unicorn,’ Nicole Kidman Thriller ‘Holland’ Among World PremieresAmazon includes a $200 gift card when you pre-order the Samsung Galaxy S25 UltraColombian police seize 8.2 tons of cocaine intended for shipment to EuropeHughes Fire in Los Angeles County prompts evacuation ordersSamsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phonesDataBahn Launches ‘Cruz,’ industry’s first Agentic AI-based ‘Data-Engineer-in-a-box’Apple vs. Tesla: Which Tech Giant Will Be the Better Investment in 2025?Susan Collins: ‘Troubling’ that Hegseth FBI report omitted key informationElephants cannot sue to get out of the zoo, Colorado’s top court rulesTrump Reveals His Genius Plan to Force Russia to End War on UkraineWe Went To Mock War With Marine F-35Bs On A Pacific IslandWoman with two previous animal cruelty convictions arrested again in Warrick CountyThree call options to watch in the new administrationThis Third Ward restaurant in Milwaukee is closing after less than a year in businessAt least 2 students shot at high school in TennesseeEverything Samsung announced at the Galaxy S25 Unpacked eventPardoned Jan. 6 Defendant Arrested a Day After Getting Break From TrumpARAX Holdings Corp. Positioned to Lead Blockchain Revolution Under Pro-Tech PoliciesA 17-year-old shooter killed a female student and himself at a Nashville high school, police sayNew York obtains $1.065 billion judgment against accused predatory lenderMobile Civic Center dome collapses from the weight of snowSurrendering North Korean soldier refuses to drop sausage at gunpointSupreme Court could revive lawsuit against Texas officer who shot motorist stopped for unpaid tollsSupreme Court could revive lawsuit against Texas officer who shot motorist stopped for unpaid tollsWarren Buffett’s Berkshire Hathaway takes a sip of the crypto ‘rat poison’ he once said he would never go nearSamsung Galaxy AI becomes more personal and cohesiveBYD Is Absolutely Dominating The Chinese Market And Western Brands Can’t Keep UpMills Middle School teacher dies after being found unresponsive on campusNashville school shooting updates: Antioch High School shooting leaves two dead, including suspect, another hurtGE Vernova: Why its wind business isn’t something to fret overThe iPhone now has an app to automatically block spam callsMacaulay Culkin has sold the NYC loft he bought as a teenager for $7.75MEarly Cancer Detection Firm Grail Leads Nasdaq Gainers as Stock Jumps 20%Small plane makes emergency landing at Ford Airport; no injuriesSmall plane makes emergency landing at Ford Airport; no injuriesIran VP says government put off enforcing strict dress codeHere’s how much rain Southern California could get this weekendGrocery stores open in Pensacola area Wednesday: Publix, Apple Market plan noon openingGrocery stores open in Pensacola area Wednesday: Publix, Apple Market plan noon openingRenderings of I-75 cap in Detroit show what public space over highway could provideIntel races to find its next CEO, but insiders say no clear frontrunners yetA British submarine secretly tracking a Russian spy ship hanging around undersea cables suddenly surfaced close to send a message, UK saysA British submarine secretly tracking a Russian spy ship hanging around undersea cables suddenly surfaced close to send a message, UK saysHow did Florida just ‘out-snow’ some of Canada’s biggest snow-making cities?How did Florida just ‘out-snow’ some of Canada’s biggest snow-making cities?160 national security staffers are sent home as the White House aligns its team to Trump’s agendaMurdoch deal is victory for Prince Harry, but doesn’t get him everything he wantedA Mother Tracks Her Son’s Stolen iPhone On An 8,000-Mile Trip From NYC To Shenzhen, China – Here’s What Irks Her More Than Losing The Phone
Thu. Jan 23rd, 2025
Trending: California wildfires live updates: 30,000 evacuated as explosive Hughes fire breaks out amid strong winds near CastaicUnion investigates claims that Boeing is sending work to non-union locationsRoswell police officer rams vehicle while responding to crashSamsung unveils new AI phones in bid to beat Apple, Chinese rivalsThe 22 Most Exciting New Hotels Opening in the First Months of 2025Survivor of Nova Music Festival Massacre to Represent Israel at Eurovision Song ContestForget weight. Why you should measure progress by non-scale victoriesSean ‘Diddy’ Combs Files $50 Million Defamation Suit Against Grand Jury AccuserFast-moving fire north of LA closes part of I-5 and frays nerves in California after back-to-back blazesAntioch school shooting: Nashville suspect, 17, posted alt-right paraphernalia, photos from past school shootingsMLB Hall of Famer Mariano Rivera, Wife Clara Accused of Covering Up Child Sex AbuseWhy Is Intel Corporation (INTC) Among the Best Semiconductor Stocks to Buy for the AI Boom?Man, 52, arrested in a string of nearly 10 Southern California robberiesFormer Arkansas officer arrested, charged with assault in beating of handcuffed inmateFleet Management That’s Fit for the FutureLarge new wildfire forces more evacuations in Southern CaliforniaTrump addresses Davos, American Airlines earnings: What to Watch4-year-old dead, Ohio police officer seriously hurt after shootingJamie Dimon sounds the alarm on stocks, says the market is looking ‘kind of inflated’Half of Atlanta TSA agents call out, leading to major delays at Hartsfield-JacksonSmoke pours from Hughes Fire as Los Angeles faces another blazeLocal TV Meteorologists Bid Farewell After LayoffsFamily outraged after man convicted in Connecticut killings gets clemency from Biden in drug caseSamsung unveils new Galaxy S25 phones with better cameras, enhanced AIUnited Airlines CEO calls pullback in domestic seats a durable trend‘Blow her head off’: Video shows armed man attack, threaten to shoot woman outside Indy gas stationMan arrested in St. Johns County after allegedly robbing store, threatening clerk with knifeLes Paul owned by guitar god Jeff Beck auctioned for over £1 mnHow to delete Facebook, Instagram, and ThreadsWhy Advanced Micro Devices, Inc. (AMD) Among the Best Semiconductor Stocks to Buy for the AI BoomColombian president visits southern Haiti as country battles surge in gang violenceDo You Have News to Share? Get It Published.CNN and NBC News to lay off employees, CNBC reports‘Iceballs’ prompt Tallahassee PD to use pepper balls on FSU student snow celebrationRivian Is Offering $6,000 In Discounts On Its Excellent Trucks And SUVsIU honors 2025 Building Bridges award recipientsNasdaq soars on AI optimismNew wildfire breaks out north of Los Angeles, forces evacuationsLIVE: Georgia schools closing Thursday due to winter storm | Full list19 Truly WILD Photos Of The Winter Snowstorm That Hit The Southern US, Including Florida, Texas, And LouisianaHere’s what we know about the Nashville high school shootingInfluencer, 45, dies after going under general anesthesia for back tattooTrump has canceled Biden’s ethics rules. Critics call it the opposite of ‘drain the swamp’Disney Cruise Line raises gratuity rates. Here’s how much they cost.ULM President Ron Berry announces his resignation and return to professorshipEleven killed after passengers fleeing rumours of fire were hit by another trainRain, snow may be inbound to San Diego after weeks of fire weatherNetflix raising prices as subscriptions soarSalesforce CEO Marc Benioff’s war of words with Microsoft rages on at DavosSXSW Film & TV Festival Unveils First Wave of 2025 Lineup: Nicole Kidman, Seth Rogen, Ben Affleck, and MoreNancy Leftenant-Colon, who was the first Black woman in Army Nurse Corps, has diedMandatory evacuations, warnings ordered due to Hughes Fire: Here’s how to find out if your area is impactedSXSW 2025 Lineup: Seth Rogen’s ‘The Studio,’ Jenna Ortega Comedy ‘Death of a Unicorn,’ Nicole Kidman Thriller ‘Holland’ Among World PremieresAmazon includes a $200 gift card when you pre-order the Samsung Galaxy S25 UltraColombian police seize 8.2 tons of cocaine intended for shipment to EuropeHughes Fire in Los Angeles County prompts evacuation ordersSamsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phonesDataBahn Launches ‘Cruz,’ industry’s first Agentic AI-based ‘Data-Engineer-in-a-box’Apple vs. Tesla: Which Tech Giant Will Be the Better Investment in 2025?Susan Collins: ‘Troubling’ that Hegseth FBI report omitted key informationElephants cannot sue to get out of the zoo, Colorado’s top court rulesTrump Reveals His Genius Plan to Force Russia to End War on UkraineWe Went To Mock War With Marine F-35Bs On A Pacific IslandWoman with two previous animal cruelty convictions arrested again in Warrick CountyThree call options to watch in the new administrationThis Third Ward restaurant in Milwaukee is closing after less than a year in businessAt least 2 students shot at high school in TennesseeEverything Samsung announced at the Galaxy S25 Unpacked eventPardoned Jan. 6 Defendant Arrested a Day After Getting Break From TrumpARAX Holdings Corp. Positioned to Lead Blockchain Revolution Under Pro-Tech PoliciesA 17-year-old shooter killed a female student and himself at a Nashville high school, police sayNew York obtains $1.065 billion judgment against accused predatory lenderMobile Civic Center dome collapses from the weight of snowSurrendering North Korean soldier refuses to drop sausage at gunpointSupreme Court could revive lawsuit against Texas officer who shot motorist stopped for unpaid tollsSupreme Court could revive lawsuit against Texas officer who shot motorist stopped for unpaid tollsWarren Buffett’s Berkshire Hathaway takes a sip of the crypto ‘rat poison’ he once said he would never go nearSamsung Galaxy AI becomes more personal and cohesiveBYD Is Absolutely Dominating The Chinese Market And Western Brands Can’t Keep UpMills Middle School teacher dies after being found unresponsive on campusNashville school shooting updates: Antioch High School shooting leaves two dead, including suspect, another hurtGE Vernova: Why its wind business isn’t something to fret overThe iPhone now has an app to automatically block spam callsMacaulay Culkin has sold the NYC loft he bought as a teenager for $7.75MEarly Cancer Detection Firm Grail Leads Nasdaq Gainers as Stock Jumps 20%Small plane makes emergency landing at Ford Airport; no injuriesSmall plane makes emergency landing at Ford Airport; no injuriesIran VP says government put off enforcing strict dress codeHere’s how much rain Southern California could get this weekendGrocery stores open in Pensacola area Wednesday: Publix, Apple Market plan noon openingGrocery stores open in Pensacola area Wednesday: Publix, Apple Market plan noon openingRenderings of I-75 cap in Detroit show what public space over highway could provideIntel races to find its next CEO, but insiders say no clear frontrunners yetA British submarine secretly tracking a Russian spy ship hanging around undersea cables suddenly surfaced close to send a message, UK saysA British submarine secretly tracking a Russian spy ship hanging around undersea cables suddenly surfaced close to send a message, UK saysHow did Florida just ‘out-snow’ some of Canada’s biggest snow-making cities?How did Florida just ‘out-snow’ some of Canada’s biggest snow-making cities?160 national security staffers are sent home as the White House aligns its team to Trump’s agendaMurdoch deal is victory for Prince Harry, but doesn’t get him everything he wantedA Mother Tracks Her Son’s Stolen iPhone On An 8,000-Mile Trip From NYC To Shenzhen, China – Here’s What Irks Her More Than Losing The Phone

All posts by Optimal Blue

December Mortgage Lock Data Reveals Year-Over-Year Increases Across All Loan Types Despite Seasonal Downturn

PLANO, Texas, Jan. 14, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its December 2024 Market Advantage mortgage data report, showcasing year-over-year (YoY) growth in mortgage activity, even as seasonal trends led to a month-over-month (MoM) decline in rate lock volumes. Overall, December mortgage lock volume was up 26% YoY, driven by an 18% increase in purchase locks, a 43% rise in cash-out refinances, and an 82% jump in rate-and-term refinances.

Mortgage Lock Activity Fell in November as Interest Rates Hit Their Highest Levels Since July

PLANO, Texas, Dec. 10, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its November 2024 Market Advantage mortgage data report, highlighting a 25% decrease in month-over-month (MoM) lock volume as interest rates hit their highest levels since early July, creating headwinds for affordability. Purchase lock volume was down 21% MoM, while cash-out and rate-and-term refinance volumes fell 20% and 50%, respectively.

Optimal Blue Announces Tony Hawk, Housing Industry Leaders to Headline Inaugural User Conference

PLANO, Texas, Dec. 5, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced the speaker lineup for its inaugural user conference, the Optimal Blue Summit 2025. Legendary skateboarder and entrepreneur Tony Hawk will headline the event. The conference will also feature sessions led by Mortgage Bankers Association (MBA) Chief Economist and Senior Vice President of Research and Business Development Michael Fratantoni, Ph.D., MBA Associate Vice President of Secondary and Capital Markets Sasha Hewlett, AMP, HousingWire Editor in Chief Sarah Wheeler, and representatives from Microsoft.

October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points

PLANO, Texas, Nov. 12, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its October 2024 Market Advantage mortgage data report, highlighting resilient purchase activity in the face of rising interest rates and affordability challenges. Despite a 65-basis-point (bps) increase in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, purchase lock volume grew by 12% month over month (MoM), signaling strong demand among homebuyers.

Optimal Blue Promotes Industry Experts to New Executive Roles to Accelerate Innovation and Prioritize Partnerships

PLANO, Texas, Nov. 11, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced two key executive promotions that will position the company to deliver innovation faster across the company’s entire capital markets platform, and to further expand the company’s network of partners. Erin Wester has been promoted to chief product officer and Mike Vough has been promoted to head of corporate strategy.

Optimal Blue Announces Three Major Product Releases, Continuing Streak of Aggressive Product Innovation and No-Cost Feature Additions

PLANO, Texas, Oct. 28, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced three major product releases: the expansion of its AI assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. These product updates build on the company’s commitment to rapidly delivering high-impact solutions that tackle real-world challenges while helping clients maximize profitability.

Rate-and-Term Refinance Locks Surge 700% Over Previous Year Following the FOMC’s September Interest Rate Reduction

PLANO, Texas, Oct. 8, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its September 2024 Market Advantage mortgage data report, which found a 50% month-over-month (MoM) increase in rate-and-term refinance activity as people who purchased homes in recent years jumped at the opportunity to lower their interest rates and mortgage payments. While the Federal Open Market Committee (FOMC) lowered its target federal funds rate by 50 bps on Sept. 18, the market had already priced in a portion of the rate reduction, leading to a full month of increased refinance activity in September.

Optimal Blue Expands Expertise, Market Leadership With Launch of Two In-House Podcasts

PLANO, Texas, Oct. 1, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue announced the release of two in-house podcasts that extend the reach of the company’s capital markets experience and expertise built over its decades as the technology leader in its space. The Optimal Insights podcast and video, which will be released weekly, will provide timely analyses of market factors impacting loan originators and capital markets professionals.

Optimal Blue Rolls Out Innovations in New UI, Gen AI, Originator Capabilities and New No-Cost Solutions

PLANO, Texas, Sept. 16, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced its extensive plans for innovation across its complete capital markets technology ecosystem leading up to its Optimal Blue Summit, where innovations will be unveiled live. New capabilities will be introduced into the core platform beginning in mid-September and continuing through the Optimal Blue Summit, a national user conference being held in San Diego in February.

Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline

PLANO, Texas, Sept. 10, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its August 2024 Market Advantage mortgage data report, which reveals an overall 1% rise in rate lock volume despite the typical seasonal slowdown in purchase lending. Lock volume growth was driven by a surge in refinance activity as homeowners reacted to declining mortgage rates.

Other Story

World News

California wildfires live updates: 30,000 evacuated as explosive Hughes fire breaks out amid strong winds near Castaic
World News

Union investigates claims that Boeing is sending work to non-union locations
World News

Roswell police officer rams vehicle while responding to crash
World News

Samsung unveils new AI phones in bid to beat Apple, Chinese rivals
Caribbean News Dominican Republic Technology

The 22 Most Exciting New Hotels Opening in the First Months of 2025
World News

Survivor of Nova Music Festival Massacre to Represent Israel at Eurovision Song Contest