Mortgage data provider Optimal Blue this week announced the launch of Competitive Data License, a product that is designed to help lenders price loans accurately and drive profitability.

In its announcement, the Texas-based company described the product as “a collection of key national mortgage pricing data that enables lenders to price products competitively, operate more profitably, and react swiftly to changing market conditions.“

Competitive Data License draws upon data from the Optimal Blue product pricing engine (PPE), which the company said is used to price and lock more than 35% of mortgages in the U.S. The product offers details ⇒

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