Industry Briefs, April 8, 2025
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Optimal Blue Announces Strategic Alliance with Cotality
Optimal Blue, Plano, Texas, announced a strategic alliance with Cotality, Irvine, Calif. (formerly CoreLogic).
The alliance will expand access to Optimal Blue’s mortgage origination and pricing data for Cotality’s audience, which includes hedge funds, capital markets participants and investment firms.
Optimal Blue sources mortgage rate lock data directly from its product, pricing and eligibility engine.
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A&D Mortgage Completes Acquisition From Mr. Cooper Group
A&D Mortgage, Fort Lauderdale, Fla., announced the acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc., Coppell, Texas.
Mr. Cooper acquired the unit as part of a separate transaction in November 2024.
Through the integration, A&D Mortgage will offer brokers and partners a comprehensive suite of 20-plus mortgage programs, enhanced operational efficiency and access to key technology.
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Dovenmuehle Receives New Subordinate Lien Servicer Ranking
Dovenmuehle, Lake Zurich, Ill., announced that S&P Global Ratings has assigned the company an Above Average ranking as a residential mortgage loan subordinate lien servicer for the first time.
S&P Global Ratings also reaffirmed the company’s Above Average ranking as a residential mortgage loan primary servicer with a stable outlook, marking the 14th consecutive year the company has reached that designation.
S&P’s review highlights Dovenmuehle’s senior management team, client base and ongoing investments in automation, operational enhancements and data security, in addition to its IT infrastructure, strengthened disaster recovery capabilities, cybersecurity controls, sound internal control environment backed by multiple lines of defense and consistently strong audit results.
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