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National MI Forms PMI Partnership With Optimal Blue

NationalMortgageProfessional.com
Mar 26, 2015

National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings Inc., has announced it has integrated with Optimal Blue, provider of enterprise level, end-to-end product, pricing and secondary marketing automation platform. Through this relationship, pricing for National MI mortgage insurance (MI) products is available within the Optimal Blue workflow platform.

The integration enhances and simplifies the process for obtaining MI rate quotes for both National MI and Optimal Blue customers, enabling them to receive a rate quote instantly within Optimal Blue. The Optimal Blue technology is based on Mortgage Industry Standards Maintenance Organization (MISMO) standards.

“We’re very pleased to partner with Optimal Blue,” said Jay Sherwood, president of National MI. “We believe the integration will mean much faster results for lenders, reducing costs and delays, and making for a more streamlined process at a time when lenders need to be as efficient as possible."

“National MI is a widely respected mortgage insurance company, and we’re happy to partner with them,” Larry Huff, co-CEO of Optimal Blue, said. “Lenders don’t have to move between the two systems, as MI rate quote functionality is embedded within Optimal Blue. The integration improves the customer experience for both National MI and Optimal Blue clients.”

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