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01/19/2012

Radian and LoanSifter Team Up to Streamline Mortgage Loan Process by Providing a Built-In Mortgage Insurance Rate Quote

PHILADELPHIA--(BUSINESS WIRE)--Jan. 19, 2012-- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., today announced a partnership with LoanSifter, the leading provider of Web-based mortgage product eligibility and pricing engines. Beginning immediately, LoanSifter will include an MI rate quote or estimate from Radian as a part of its MI Best Execution Pricing Platform.

“We are very excited to announce our integration with LoanSifter, an industry leader known for helping lenders save time and money by managing their mortgage process workflow more efficiently,” said Brien McMahon, chief franchise officer at Radian. “Although this is a first for Radian, this relationship marks the beginning of an extensive connectivity strategy for us. By expanding our exposure to customers through a variety of notable product and pricing engines, we’re making it easier than ever for customers to do business with us—which is always our #1 goal.”

LoanSifter, Inc. provides the banking industry's most comprehensive tools for mortgage bankers, loan originators and secondary departments to accurately price, market and manage their loans. LoanSifter features the most comprehensive investor content in the mortgage industry, supporting over 160 investors, combined with its eOriginations point-of-sale platform and marketing tools, including email campaigns, rate alerts and automated quoting for Zillow, Google and LendingTree. For more information about LoanSifter, please visit www.LoanSifter.com.

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance and related risk management 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.com.

Source: Radian Group Inc.

Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com