WAYNE, Pa.--(BUSINESS WIRE)--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group (NYSE:RDN) 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 (NASDAQ:TILE) (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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Source: Radian Group Inc.