Optimal Blue's new CEO on coming back to the mortgage arena

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Long-time mortgage technologist Joe Tyrrell is back in the business, as the new CEO of Optimal Blue. He takes the top job at the product and pricing engine provider as it reestablishes itself in the marketplace as a standalone entity following its three-year sojourn as part of Black Knight.

Ironically, it was Black Knight's acquisition by ICE Mortgage Technology, where Tyrrell served as president from the time Ellie Mae was picked up by that organization through March 2023, that set Optimal Blue on its course, becoming a part of Constellation Software.

Between the time he left ICE Mortgage Technology and now, Tyrrell was the CEO of Medallia, a customer experience technology firm that offers proprietary artificial intelligence. The perspectives he picked up during his time at Medallia and generative AI was among the topics of discussion he had with National Mortgage News.

Questions and answers have been edited for length and clarity.