Radian Mortgage Insurance Now Available through Mortgagebot’s Loan Origination System
Radian and Mortgagebot Partner to Streamline Loan Origination and
Ordering Process for Customers
PHILADELPHIA--(BUSINESS WIRE)--Nov. 27, 2012--
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.com.
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.
Source: Radian Group Inc.
Radian
Emily Riley, 215-231-1035
emily.riley@radian.com
or
Mortgagebot
Cindy
Golisch, 480-471-8820
cindy.golisch@prunlimited.com
