Tag Archives: Generative AI

MCT Introduces Atlas: Generative AI Advisor for Mortgage Capital Markets

SAN DIEGO, Calif., Feb. 27, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of Atlas, an artificial intelligence (AI) advisor now available within the MCTlive! platform. Atlas serves as a virtual capital markets expert and high-quality educational resource for MCT’s mortgage lender clients. With this launch, effective February 10, 2025, MCT continues its tradition of innovation in secondary marketing technology, offering clients instant access to expert knowledge and paving the way for future AI-driven workflows that will save clients time and improve their financial performance.

Image caption: MCTlive! Press Release.

“We’re proud to be the first mortgage capital markets platform to put AI in the hands of every client,” said Phil Rasori, COO of MCT and architect of Atlas. “AI has the potential to improve performance and act as a force multiplier for capital markets professionals, but only if it is deployed responsibly and transparently with careful protections for client data ownership and privacy.”

Atlas is built to the highest standards of data security and privacy after a year of careful planning, development, and testing by internal teams:

No client data has been exchanged with or used to train Atlas.
Atlas was trained on proprietary educational material, which is continually expanded as new innovations and subjects are covered.
The large language model supporting Atlas follows a strict escrow process that warrants its isolation from both developers and user data.
Retrieval augmented generation keeps the knowledge base stored in MCT’s private cloud environment.
Limited context “chunks” and function calling are used to further reduce external data transfer.

“Leadership through industry expertise and exceptional client service have been enduring core values at MCT,” said Curtis Richins, CEO. “Now we are extending that capability through Atlas, providing the collective knowledge of our experts on-demand. Whether clients are looking for instructions on platform processes or explanations of key calculations, they can now get answers with unprecedented speed and transparency.”

Atlas is currently designed for expertise distribution, effectively providing instant access to the combined knowledge base of MCT. Atlas will soon expand to include agentic report summarization and the ability to conduct core processes, which will be debuted at the MCT Exchange client conference to be held in San Diego next month. As these functions are made available, an opt-in will be provided that defines the limited client data that will be required to enable these and future capabilities.

Mortgage lenders interested in the benefits Atlas can provide their secondary marketing operations are encouraged to contact MCT.

Press release: https://mct-trading.com/press-release/atlas-generative-ai/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

Image Link for Media: https://mct-trading.com/wp-content/uploads/2025/02/atlas-generative-ai.png

NEWS SOURCE: Mortgage Capital Trading Inc.

This press release was issued on behalf of the news source (Mortgage Capital Trading Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/mct-introduces-atlas-generative-ai-advisor-for-mortgage-capital-markets/

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

PLANO, Texas /ScoopCloud/ -- 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.

"Our focus is on client profitability, so we are investing and delivering in areas that will have the biggest impact on a lender's bottom line," said Joe Tyrrell, CEO of Optimal Blue. "We're rolling out our new intuitive UI to all clients, introducing new tools to help loan originators be more effective and efficient, and delivering automation solutions to address real operational issues through our new GenAI capabilities - all at no cost to our clients. We are also introducing new data solutions at no incremental costs for clients and shifting a number of our current solutions to unlimited usage models to help our clients get the most out of our innovations."

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. For originators, areas of innovative focus include new origination tools, such as true side-by-side loan scenario comparison functionality, simplified capabilities for configuration and margin management, and a new GenAI solution.

"We are focusing on delivering new value, at no additional cost, in order to help our clients improve their ROI on every loan," said Erin Wester, VP of product management for Optimal Blue. "I'm thrilled about our ability and commitment to innovate in ways that directly allow Optimal Blue clients to even further increase the value they currently receive, all while we continue to lead the market in our use of APIs and automation."

Generative AI solutions that address specific secondary market use cases, will be unveiled across all Optimal Blue's capital markets solutions. This initiative began with the company's Profitability Assistant, designed to help chief financial officers and capital markets executives better manage gain and loss down to the individual loan. New AI capabilities will continue to be added to the hedging and loan trading platform, and will be expanded into the Optimal Blue PPE, in the next two quarters. The GenAI solutions will culminate with a definitive GenAI "ask" functionality that will be unmatched in terms of the value lenders realize, solving complex business challenges and identifying critical profitability opportunities by clients simply asking a question.

"Optimal Blue has committed to significant investments in GenAI, providing these capabilities at no additional cost to our clients, and our engineering team is excited to build solutions that solve real problems and see high levels of utilization," said Seever Sulaiman, Optimal Blue chief technology officer. "These capabilities along with our machine-learning functionality, will enable automation for the entire end-to-end capital markets lifecycle, from origination through trading, making the data and processes more efficient, more accurate, and substantially faster."

Optimal Blue clients are invited to attend the inaugural Optimal Blue Summit February 3-5 at the Marriott Marquis San Diego Marina, where major product announcements will be made live. Additional details and registration information for the Summit are available on the Optimal Blue Summit 2025 webpage at https://www2.optimalblue.com/optimal-blue-summit/.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry's only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit OptimalBlue.com.

Logo link for media: https://www.Send2Press.com/300dpi/14-0625-s2p-optimal-blue-300dpi.jpg

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.

Related link: https://www2.optimalblue.com/

The Mortgage Collaborative Participates in FHFA 2024 TechSprint Showcasing Innovative Generative AI Solutions for Housing Challenges

WASHINGTON, D.C. /ScoopCloud/ -- Represented by its president and COO, Melissa Langdale, The Mortgage Collaborative's (TMC) "Open Angels" team were among the notable solutions recognized for their impact and potential at The Federal Housing Finance Agency (FHFA)-hosted Velocity TechSprint, spotlighting the transformative potential of generative AI in addressing the current housing market's pressing challenges.

TMC's supported entry, Domino.AI, earned Most Promising Use Case for Consumer Experience. An innovative app designed to streamline the multifamily renting process. Domino.AI offers a personalized readiness rating by integrating credit reports and background checks, enabling renters to connect seamlessly with property managers.

"FHFA's 2024 TechSprint highlighted the immense potential of generative AI to drive innovation in housing, offering valuable insights and actionable roadmaps for industry players," said Melissa Langdale, TMC president and COO. "As AI continues to evolve, these cutting-edge solutions could play a pivotal role in addressing the affordability and operational challenges facing renters and homebuyers today."

"The Mortgage Collaborative understands the role played by a robust housing continuum that meets America's need for rental-through-ownership solutions," she added. "We applaud our supported entry, Domino.AI, and FHFA for its leadership in housing innovation through AI."

FHFA's TechSprint was an in-person, team-driven event focused on responsible generative AI use in housing finance. Over three days, participants collaborated in teams to tackle the question, "How might the responsible use of generative AI promote a transparent, fair, equitable, and inclusive housing finance system while fostering sustainable homeownership and rental opportunities?"

Twelve teams presented their solutions to a panel of technology, regulation, and housing experts. The use cases were organized around four focus areas in which one team could win per category:

* Consumer experience

* Assessing creditworthiness

* Operations and risk management

* Compliance

OTHER SPRINT DAY WINNERS INCLUDED:

Homeowners Assistance Model (HAM) - Most Promising Use Case for Assessing Creditworthiness HAM focuses on early intervention for distressed borrowers, providing a structured review and intervention plan to support homeowners before they reach critical delinquency stages.

Fraud Detection Tool - Most Promising Use of Gen AI for Operations This solution leverages AI to detect and combat fraud in multifamily operations, enhancing the speed and accuracy of fraud detection.

ADA Comply - Most Promising Use of Gen AI for Risk and Compliance ADA Comply uses image assessment to ensure multifamily units meet ADA compliance standards, offering visual before-and-after comparisons and cost estimates for necessary adjustments.

About FHFA: The Federal Housing Finance Agency (FHFA) is an independent federal agency responsible for regulating and supervising Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. FHFA's mission is to ensure that these institutions operate in a safe and sound manner, supporting a stable and affordable housing finance system.

About The Mortgage Collaborative: The Mortgage Collaborative (TMC) is a membership-driven* organization dedicated to empowering mortgage lenders across the United States through networking, education, and advocacy. Our goal is to support the success of our members by fostering an environment of collaboration and innovation. For more information, visit https://www.mortgagecollaborative.com/.

Represented by its president and COO, Melissa Langdale, The Mortgage Collaborative's (TMC) "Open Angels" team were among the notable solutions recognized for their impact and potential at The Federal Housing Finance Agency (FHFA)-hosted Velocity TechSprint, spotlighting the transformative potential of generative AI in addressing the current housing market's pressing challenges.

Related link: https://www.mortgagecollaborative.com

Optimal Blue Launches New Generative AI Assistant Capabilities

PLANO, Texas /ScoopCloud/ -- Optimal Blue today announced the delivery of generative AI capabilities centered on helping lenders maximize profitability on every loan transaction. Through direct engagement with its thousands of clients, the company has begun delivering generative AI capabilities built for secondary-market-specific use cases and purposefully designed to solve the real-world challenges that mortgage lenders face. The company's launch of AI assistants has initiated with the release of three new AI capabilities in Optimal Blue's CompassEdge hedging and loan trading platform.

"Optimal Blue's priority is to continuously maximize profitability for lenders on every single loan, and generative AI affords us infinite opportunities to do so," said Joe Tyrrell, CEO of Optimal Blue. "We deploy an intentional approach to developing and delivering AI assistants with machine learning capabilities that are based on actual opportunities and challenges lenders are facing. At a time when there is so much noise in the industry with companies claiming to have AI, at Optimal Blue, we are delivering true AI with the sole purpose to increase profitability for lenders, so all of these generative AI capabilities are being provided to our clients at no additional cost. We believe that core innovation shouldn't represent incremental cost, but rather should be what you expect out of your partner."

Optimal Blue Chief Technology Officer Seever Sulaiman, who has led the development and adoption of the company's AI framework, added, "We've established a foundation for implementing AI capabilities across the entire organization. Our engineering team has been trained on utilizing AI tools internally to enhance productivity. This has, in turn, positioned us to deliver AI capabilities and other value-add innovation to our clients even faster."

As part of its directed focus on AI, Optimal Blue has channeled its decades of experience and expertise to launch three new AI-powered assistants in its CompassEdge platform. These capabilities - a Profitability Assistant designed for chief financial officers (CFOs), a Projections Assistant designed for capital markets leaders, and a Trade Assistant designed for leaders of a lender's trading desk - all help lenders reduce manual processes associated with profitability attribution, calculating projections, and optimizing trade selection.

"Secondary teams are responsible for maximizing pipeline profitability and communicating results to their executive teams, but doing so is fraught with time-consuming analyses, complex calculations, and inevitable human bias," said Mike Vough, vice president of hedging and trading products at Optimal Blue. "We built the AI-powered assistants in CompassEdge with these pain points in mind so our clients can benefit from more accuracy and less manual work, all in favor of more basis points and greater profitability. We estimate that these assistants can help save a secondary marketing manager up to 30 hours a month in some instances - valuable time that can instead be channeled toward more strategic work."

The first new capability in CompassEdge, Profitability Assistant, uses generative AI to write a succinct summary of the top drivers that caused a gain or loss of profitability in a pipeline, including new locks, fallout, loan sales, bulk AOT, and more. Designed specifically for CFOs and other members of a lender's executive team, these summaries promote greater transparency between secondary and the C-suite.

Another new capability, Projections Assistant, uses AI to predict the real-time impact of various factors on the risk profile of a hedged mortgage pipeline, including originations, fallout, loan sales, and more. Otherwise requiring a seasoned capital markets professional, Projections Assistant automates the consumption of Optimal Blue's extensive data sets and completes complex calculations to deliver extremely granular projections for position management.

Finally, Trade Assistant uses AI to reduce the guesswork that goes into the selection of a hedge, a process that would otherwise require an experienced capital markets professional. With one click, the tool suggests a combination of sells, buys, rolls, and swaps to maximize effectiveness in alignment with a lender's hedge policy, while minimizing transaction cost.

All three AI assistants are available to CompassEdge users for no additional fee.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry's only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/

Optimal Blue today announced the delivery of generative AI capabilities centered on helping lenders maximize profitability on every loan transaction. Through direct engagement with its thousands of clients, the company has begun delivering generative AI capabilities built for secondary-market-specific use cases and purposefully designed to solve the real-world challenges that mortgage lenders face.

Related link: https://www2.optimalblue.com/