Mortgage applications decline in latest MBA Weekly Survey

Mortgage applications decline in latest MBA Weekly Survey

April 14, 2009

PMI recommends LenderLive Network for contract underwriting services MortgagePress.comPMI, LenderLive, business process outsourcing, contract underwriting services, PMI Mortgage Insurance
LenderLive Network Inc., a provider of business process
outsourcing and technology to the financial industry, announced it
will provide contract underwriting services to companies that had
received these services from PMI Mortgage Insurance Co. (PMI). PMI
has recommended LenderLive as a quality provider of contract
underwriting services to many customers in need of these
solutions.
"We have built a solid relationship with PMI that spans 10
years," said Rick Seehausen, president and CEO of LenderLive.
"PMI's confidence in LenderLive to support its clients contract
underwriting needs shows the company's confidence in our ability to
provide superior service and our dedication to this endeavor."
LenderLive's contract underwriting services allow companies to
cost-effectively meet the fluctuating demands of the market.
LenderLive, which is delegated to underwrite for mortgage
insurance, provides secure online loan submission, a full
underwriting staff and flexible contract options.
"Since PMI decided to change our approach to contract
underwriting, we felt it was important to offer our customers an
alternative that they could rely on," said Pete Pannes, senior vice
president at PMI. "Our relationship with LenderLive has proven to
be one that we can count on and offers significant value to those
poised to use their services, especially during the current
mortgage industry climate."
Contract underwriting is one of the component services
LenderLive offers through its contract services division, which
offers a variety of outsourced services such as quality control
services, closing coordination services and contract processing.
The company has several other channels of business that provide
comprehensive services including retail, wholesale, loan workout
solutions, and settlement services.
For more information, visit www.lenderlive.com or www.pmi-us.com.

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