Optimal Blue has responded to a class action lawsuit filed against it and 26 mortgage lenders, calling the claims “baseless” and “frivolous” and vowing to fight the lawsuit “all the way through.”
“Optimal Blue is aware of the complaint filed against it, Black Knight, Inc., and many of the largest mortgage lenders, alleging a purported conspiracy to increase rates through the use of Optimal Blue’s products,” said Optimal Blue CEO Joe Tyrrell in exclusive commentary to HousingWire. “The claims made are obviously baseless and without merit. We will vigorously defend ourselves against these false allegations and are confident that the facts details ⇒
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