Radian Guaranty Introduces First Ever Mortgage Insurance Rate Quote App
‘Radian Rates’ Makes MI Quotes Accessible Through App on iPhone®
and iPad®
PHILADELPHIA--(BUSINESS WIRE)--Sep. 12, 2012--
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian
Group Inc. (NYSE: RDN), today announced the availability of its new MI
rate finder app, Radian Rates, in the App StoreSM.
The free app, which is the first of its kind in the MI industry
available for iPhone® and iPad®, is a mobile
version of the company’s existing online rate finder and offers lenders
on-the-go access to quick and reliable Radian MI rate quotes.
App users simply input loan criteria and the app automatically
calculates the MI rate for a variety of Radian products. Backed by the
company’s published rates and guidelines, Radian Rates was
designed for users to check eligibility and compare options to find the
product that best fits their needs.
“We know our customers are busy,” said Brien McMahon, Radian’s chief
franchise officer and head of sales. “That’s why we’re always looking
for innovative ways to make doing business with Radian quicker and
easier. With the Radian Rates app, our lending partners can access our
rates in seconds, wherever they are. Investing in this type of
technology further demonstrates our commitment to being the MI partner
of choice for lenders.”
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.
App Store is a service mark of Apple Inc. iPhone and iPad are trademarks
of Apple Inc., registered in the U.S. and other countries.
Source: Radian Group Inc.
Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com
