Optimal Blue Acquires LoanSifter

Plano-based Optimal Blue, the developer of cloud-based software for the mortgage industry, said Wednesday that it has acquired LoanSifter, a developer of product eligibility, pricing, and marketing software for mortgage lenders. Financial terms of the deal were not disclosed. LoanSifter had been based in Appleton, Wisconsin, and was founded in 2004. Optimal Blue said the acquisition will create a new company with 200 employees and more than 1,5000 customers.