Radian Announces Integration With Encompass360

Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., announced a direct integration with Ellie Mae’s Encompass360, an end-to-end mortgage management solution. “We are pleased to expand our partnership with Ellie Mae by offering Radian MI directly through their Encompass360 platform,” said Brien McMahon, chief franchise officer at Radian. “Many of our current and prospective lenders are using Encompass360 as their loan origination system, so this integration should simplify their process and save them valuable time and money.” As a part of this integration, mortgage lenders utilizing Encompass360 as their loan origination system can now order Radian MI directly as a part of one fluid ordering process. This is an enhancement to the existing partnership between Ellie Mae and Radian, since customers have been able to get an MI rate quote from Radian for the past three years. “Through our Encompass360 solution, Ellie Mae has made it possible for mortgage lenders to efficiently originate and manage quality and compliant loans,” said Richard Roof, senior vice president of business development at Ellie Mae. “And with Radian MI now available inside Encompass360, we’re pleased to provide our joint clients with another efficient and cost-effective way to electronically order mortgage insurance.” “We have used Encompass360 since January 2009 for loan origination and have partnered with Radian for more than 10 years, so this is a win-win for us,” stated Rob Sampson, chief operating officer at Guaranteed Rate. “By having Radian MI available as a part of the loan origination process, our loan officers can now more quickly and efficiently close a file.”