Optimal Blue has announced that the Optimal Blue Mortgage Market Indices (OBMMI) is now available on Nasdaq’s Global Index Data Service (GIDS) platform.
The mortgage tech company integrated with Nasdaq’s Contributor API (CAPI) to enable the real-time distribution of OBMMI, at no additional cost for all GIDS data recipients. Optimal Blue’s indices give mortgage and finance professionals a look at the daily movement of mortgage pricing and trends.
“We are thrilled to announce the availability of OBMMI on the Nasdaq platform,” said Scott Happ, CEO of Optimal Blue. “OBMMI are uniquely positioned to provide unparalleled transparency into mortgage rates, and this partnership enables Optimal Blue to deliver additional visibility into these key market metrics to even more financial services professionals—that’s a win for all involved.”
“Nasdaq is dedicated to bringing transparency throughout the financial ecosystem, including through our Global Index Data Service,” said Oliver Albers, senior vice president and head of data at Nasdaq’s Global Information Services. “The addition of mortgage rate indices known as OBMMI on GIDS provides additional clarity to an important asset class.”