Optimal Blue announced on Wednesday a new capability in its product, pricing and eligibility (PPE) engine that fully automates the process for a lock desk user to execute locks directly with participating investors through an application programming interface (API).

The PPE already automates pricing, lock requests, post-lock changes and mandatory execution. This week’s move eliminates the last remaining manual step in the lock life cycle, making Optimal Blue‘s PPE the first pricing engine to fully automate a critical stage of the secondary market workflow for investors. It supports all loan types, including agency and non-agency programs.

“This is a game-changer details ⇒

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