National MI Integrates with Vesta LOS
May 09 2023 - 8:00AM
National Mortgage Insurance Corporation (National MI), a subsidiary
of NMI Holdings, Inc. (NASDAQ: NMIH), is now integrated with Vesta,
a loan origination system (LOS) provider and software-as-a-service
company. The integration enables lenders to obtain price quotes and
order National MI’s real-time, risk-based mortgage insurance
through its Rate GPS® tool instantly without having to leave the
Vesta LOS platform.
National MI’s state-of-the-art API platform
enables lenders and loan origination system (LOS) providers to
quickly and seamlessly retrieve accurate mortgage insurance quotes
through Rate GPS.
Using open, cloud-based APIs, Vesta’s LOS
empowers lenders of all sizes to build customizable workflows and
rules around their mortgage processes without using developer
resources.
“We are delighted to partner with Vesta to make
ordering MI through our Rate GPS tool as easy as possible for
lenders,” said Norm Fitzgerald, chief sales officer with National
MI. “We are thrilled to add Vesta, a leading SaaS company building
next-generation LOS technology, to our list of integration
partners.”
“We are excited to offer National MI’s Rate GPS
through Vesta’s LOS,” said Vesta CEO Mike Yu. “This partnership is
just another example of our ongoing effort to provide digital
solutions that significantly simplify and streamline the mortgage
origination process for lenders and their borrower customers.”
About National MINational
Mortgage Insurance Corporation (National MI), a subsidiary of NMI
Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage
insurance company enabling low down payment borrowers to realize
home ownership while protecting lenders and investors against
losses related to a borrower’s default. To learn more, please visit
www.nationalmi.com.
About VestaVesta is a SaaS
provider of mortgage loan origination software. The platform
provides lenders with a modern system of record, customizable
workflows for end-to-end mortgage loan fulfillment process, and
open, cloud-based APIs. The company was founded in 2020 by early
Blend employees Mike Yu and Devon Yang. Investors backing Vesta
include Andreessen Horowitz, Bain Capital Ventures, Conversion
Capital, Index Ventures and Zigg Capital. For more information,
visit www.usevesta.com or Vesta’s LinkedIn.
Press Contact for National MI Mary
McGarityStrategic Vantage Mortgage Public Relations(203)
260-5476MaryMcGarity@StrategicVantage.com
Investor Contact for National MIJohn M.
SwensonVice President, Investor Relations and
Treasuryjohn.swenson@nationalmi.com(510) 788-8417
Press Contact for VestaMonica
Racitimonica@usevesta.com (574) 276-8121
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