PMI launches new training site to improve efficiency and reduce costs MortgagePress.comPMI Training Bootcamp, Webinar, on-demand
PMI Mortgage Insurance
Company, a subsidiary of the PMI Group Inc. (PMI), announced
the launch of PMI Training Bootcamp, an online training Web site
for customers that significantly extends the reach and resources of
PMI's training department. PMI can now provide customers with
educational information about PMI's products and services, without
increasing headcount or incurring the operational costs of trainer
fees and travel.
With the launch of PMI Training Bootcamp at pmi-us.com/bootcamp, the
company now delivers the majority of its training modules online
via both Webinar and on-demand, and is one of the only mortgage
insurers to offer an on-demand option. These training programs
enable PMI to reach more customers with educational information
about PMI, and to book more high-quality business, while
effectively managing expenses; two key components of PMI's
five-point plan to return to profitability.
"Leveraging new on-demand technology is especially efficient for
both PMI and our customers," said Felipe Obando, PMI's director of
marketing. "Customers can easily carve out the five to 15 minutes
these top-line courses take, repeat a course, or work through our
entire curriculum at their own pace. On-demand is essentially a
Over the long-term, both on-demand and Webinar technologies
provide PMI the scalability to reach wider audiences and the
flexibility to cost-efficiently add or alter courses in response to
changes in market conditions.
"Our industry has changed dramatically in the last year, whether
it's changes in [government-sponsored enterprises] loan limits, old
customers leaving the market, or new customers being introduced to
PMI for the first time," said Jesse Rivera, vice president of
marketing for PMI Mortgage Insurance Company. "PMI Training
Bootcamp is a fast, efficient way to maintain our existing staffing
levels, while continuing to expand training opportunities and grow
our customer base."
For more information, visit www.pmigroup.com.