Master Policy Application

Master Policy, Delegated Authority and Early Validation Confident Coverage Application

Note - Required items have an asterisk next to them.

Please check all request types that apply*

Note - Must be an existing Master Policy holder if applying for Delegated Authority and/or Early Validation Confident Coverage only.

Delegated Authority

Early Validation Confident Coverage

Master Policy

Institution Type*

Other Description*

General Information

Radian Client Id

Lender Name*

DBA

Street Address*

P.O. Box

City*

State*

Zip Code*

Fax # to Receive Commitments

Pricing Engine/LOS (if applicable)

Publicly Traded*

Stock Ticker*

Servicing Information

Same Address as Lender?

Servicer Name*

Servicer DBA

Street Address*

City*

State*

Zip Code*

Principal Place of Business Information (NMLS Street Address)

Same Address as Lender?

Street Address*

City*

State*

Zip Code*

Does any one person or entity own 50%or more of your company?*

Please provide the individuals' names

Please provide the top 3 names of the individuals who own the largest percentage of the company

Principals - Please list the principals of your organization

Principal 1

Title*

First Name*

Last Name*

Email*

Principal 2

Title

First Name

Last Name

Principal 3

Title

First Name

Last Name

Principal 4

Title*

First Name*

Last Name*

Email*

Principal 5

Title

First Name

Last Name

Principal 6

Title

First Name

Last Name

Confident Coverage Contact

Title*

First Name*

Last Name*

Email*

Electronic Billing (E-Bill) Contacts -

Contacts will receive an email on the first business day of each month, notifying that their bill is available in MI Online.

Contact 1

Salutation

First Name*

Last Name*

Email*

Phone*

Title*

Street Address*

City*

State*

Zip Code*

Contact 2

Salutation

First Name*

Last Name*

Email*

Phone*

Title*

Street Address*

City*

State*

Zip Code*

Contact 3

Salutation

First Name

Last Name

Phone

Title

Street Address

City

State

Zip Code

Loan Audit Contact

Salutation

First Name

Last Name

Phone

Please list any prior company names including DBA's

Company 1

Name

Address

Phone

Company 2

Name

Address

Phone

Company 3

Name

Address

Phone

Operational Information/Certifications

As per the Private Mortgage Insurer Eligibility Requirements (PMIERs) issued by the GSEs, Radian is required to verify the operational capabilities of all entities it conducts business with. Radian may request Policies and Procedures to verify the following.

Underwriting

Staff Underwriter(s) - Average number years of experience (if applicable).*

Number of years*

Do you use an Automated Underwriting System (AUS)?*

Yes

LPA

Proprietary

Third Party Origination

Do you currently have a Third Party (Broker/ Correspondent) Origination Channel?*

Yes

- If yes, do you maintain and comply with policies and procedures for the approval and monitoring of Third Party Originators?*

Yes

Appraisal Management & Monitoring

Do you utilize an appraisal management company?*

Yes

Do you maintain and comply with policies and procedures for the approval and oversight of Appraisal Services?*

Yes

Quality Control

Do you have a documented Quality Control Policy and Procedures that address the following?

Fraud Risk Management

Post-Closing Quality Control

Pre-Funding Quality Control

Fraud Prevention Controls

Do you utilize any third party Fraud Prevention tools prior to closing to ensure accuracy and validity of loan application data and loan documentation?*

Yes

YES - Provide the Company Name(s) and Fraud Tool(s) you currently subscribe to.

Company Name*

Fraud Tool Utilized*

Company Name

Fraud Tool Utilized

Company Name

Fraud Tool Utilized

NO - Describe how you ensure accuracy and validity of loan application data and loan documentation prior to closing (i.e., red flag checklists, employee training on fraud detection, procedures to address fraud alerts and concerns). Supporting documents/procedures may be requested.*

Are Post-Closing Quality Control reviews completed on a regular basis?*

Yes, conducted internally

Yes, outsourced to QC Vendor

QC Vendor Name*

Describe how Quality Control is monitored and managed. Supporting documents/procedures may be requested.*

GSE/Industry Best Practices

Do you apply GSE/Industry best practices to the policies and procedures listed above?*

Yes

Note - Radian may request copies of policies and procedures.

Renewal Premium Plan

Constant (Renewals calculated on original loan amount)

Declining (Renewals calculated on unpaid principal balance)

Request submitted from a Radian Sales Representative

Authorized Submitting Representative

Title

First Name*

Last Name*

Email*

Phone*

Full Name of Radian Salesperson

The following information was received and input by a Radian Sales Representative

Radian Salesperson

Full Name of Radian Salesperson*

Email*

Industry Identifiers

(if applicable)

Fannie Mae Seller Servicer Number

Freddie Mac Seller Servicer Number

FDIC Number

FHA Number

NMLS Number

NCUA Number

Comments

By clicking the “submit” button, I represent to Radian that I am an authorized officer of the lender or I am a Radian representative duly authorized to submit this application on behalf of the lender. If approved, the lender will receive a welcome email with further information and will automatically be enrolled to receive Radian’s RADAR® Rates. Submission does not constitute Master Policy approval with Radian and additional information may be requested.

If Selected, I have read and understand the requirements of the Confident Coverage program as outlined in our Origination & Servicing Guide.