Black Knight’s Optimal Blue PPE Integrates with Fannie Mae API to Offer Scenario-Specific, Servicing-Released Premium Pricing

Black Knight, Inc. announced that it has completed the integration of its industry-leading product and pricing engine, the Optimal Blue PPE, with Fannie Mae’s Servicing Marketplace API to provide clients with scenario-specific, granular pricing for servicing-released transactions. By connecting the two in real-time, the Optimal Blue PPE further enhances efficiencies and secondary marketing processes by fully automating the servicing-released premium (SRP) pricing of Fannie Mae l****.

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“This highly anticipated integration addresses the secondary market’s need for exceptionally precise, automated servicing-released pricing,” said Scott Happ, president, Black Knight Secondary Marketing Technologies. “Clients can improve their best execution with highly accurate pricing that is calculated based on extensive adjustments and their servicers of choice – either one or multiple.”

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Available to all Fannie Mae sellers that leverage the Optimal Blue PPE, this integration enhances previous pricing capabilities by retrieving adjustments related to loan amount, state, loan-to-value ratios, etc. This new capability also includes expanded data points, such as par rate and par spread calculations, to return more specific SRP pricing. The fully automated functionality also helps clients gain efficiencies, with faster access to more detailed pricing.

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