Radian’s Delegated Mortgage Insurance Now Available Through PMI Rate Pro
04 Abril 2024 - 7:30AM
Business Wire
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of
Radian Group Inc., announced today that lenders can now order
Radian MI for delegated loans on the MI technology platform PMI
Rate Pro. The offering will seamlessly integrate with Radian’s
ongoing presence on the PMI Rate Pro price comparison tool.
“At Radian, we are committed to making it as convenient and
cost-effective as possible for our customers to do business with us
– and this is another exciting way to advance that objective,” said
Brien McMahon, Radian’s Chief Franchise Officer. “We are pleased to
join with PMI Rate Pro to provide loan officers and other industry
professionals another easy and efficient way to utilize Radian
MI.”
This expanded integration allows PMI Rate Pro users to order
Radian delegated MI without ever leaving PMI Rate Pro’s platform.
Through this expansion, users can enjoy additional features in a
streamlined MI ordering process that improves efficiency and
productivity.
"Transparency, efficiency and accessibility are paramount in
today's lending landscape, and this collaboration with Radian
exemplifies our commitment to delivering innovative solutions to
our customers," said Nomi Smith, CEO of PMI Rate Pro. "We are
excited to bring the only easy-to-integrate, end-to-end mortgage
insurance Application Programming Interface (API) solution with all
the MI features lenders need. Mortgage software solutions can now
effortlessly integrate PMI Rate Pro's plug and play comprehensive
API."
About Radian
Radian Group Inc. (NYSE: RDN) is ensuring the American dream of
homeownership responsibly and sustainably through products and
services that include industry-leading mortgage insurance and a
comprehensive suite of mortgage, risk, title, valuation, asset
management and other real estate services. We are powered by
technology, informed by data and driven to deliver new and better
ways to transact and manage risk. Visit radian.com and
homegenius.com to learn more about how Radian and its pioneering
homegenius platform are building a smarter future for mortgage and
real estate services.
About PMI Rate Pro
Founded by mortgage loan originators, PMI Rate Pro is a
technology provider offering a proprietary suite of software
products to allow brokers and loan officers to quote Private
Mortgage Insurance from all six industry providers in seconds for
their borrowers, allowing originators win borrower trust and the
repeat and referral business that comes with it. Originators also
increase loan pull-through rates by demonstrating to borrowers that
they have their best interest at heart. Lenders can manage risk
using the company’s automated allocation feature, ensuring a lender
is not over exposed to counterparty risk. LOS’s and POS’s can offer
the complete suite of tools to their lenders and originators
through a simple integration to the firm’s feature-rich API’s.
Learn more about the company by visiting its website at
pmiratepro.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240404752111/en/
For Investors: John Damian - Phone: 215.231.1383 email:
john.damian@radian.com
For the Media: Rashi Iyer - Phone 215.231.1167 email:
rashi.iyer@radian.com
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