Radian Mortgage Insurance Now Available through Mortgagebot’s Loan Origination System
November 27 2012 - 8:00AM
Business Wire
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of
Radian Group Inc. (NYSE: RDN), today announced a completed
integration with Mortgagebot, a D+H company, to include Radian MI
in its loan origination system (LOS) – Mortgagebot EnterpriseLOS™.
Mortgagebot provides mortgage lending technology to nearly 1,300
banks and credit unions nationwide. This partnership will
streamline the loan origination and ordering process for both
Radian and Mortgagebot’s LOS customers, allowing them to order MI
directly via one simple process through the Mortgagebot
platform.
“This is exciting news because it’s one more way Radian is
working to accomplish one of our top priorities – making it easier
than ever to do business with us,” said Brien McMahon, Radian’s
chief franchise officer. “Partnering with a well regarded leader
like Mortgagebot will simplify how MI is ordered for many of our
customers, and we’re proud to deliver that.”
“Our integration with Radian is a win-win for both Mortgagebot
and Radian customers alike,” said Matt Cotter, Mortgagebot’s senior
vice president of sales and marketing. “Mortgagebot is all about
delivering lending technology that is flexible, scalable and
innovative, and Radian is known as an innovator in the MI
space.”
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia,
provides private mortgage insurance and related risk mitigation
products and services to mortgage lenders nationwide through its
principal operating subsidiary, Radian Guaranty Inc. These services
help promote and preserve homeownership opportunities for
homebuyers, while protecting lenders from default-related losses on
residential first mortgages and facilitating the sale of
low-downpayment mortgages in the secondary market. Additional
information may be found at www.radian.biz.
Mortgagebot (www.Mortgagebot.com), a D+H company, provides
mortgage and consumer lending technology to nearly 1,300 clients
nationwide. Mortgagebot delivers the award-winning, end-to-end
platform—Mortgagebot Enterprise™—as a scalable, web-based solution
for lenders to maximize their lending potential and streamline all
origination processes. With Mortgagebot EnterprisePOS™, lenders can
automate every point-of-sale channel where business is captured:
consumer-direct, branch, and loan officer, and integrate directly
into the all-in-one Mortgagebot EnterpriseLOS™—for processing,
closing, imaging, and secondary marketing—or to third-party loan
origination systems.
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