OpenClose Partners With Radian On MI Solution

NationalMortgageProfessional.com

Jun 22, 2020

OpenClose announced the completion of an interface with Radian Guaranty, the mortgage insurance (MI) subsidiary of Radian Group Inc. The integration leverages OpenClose’s omni-channel loan origination system (LOS) and RESTful API suite, allowing for Radian customers to order MI without exiting the LenderAssist LOS.

LenderAssist LOS users can now quickly obtain rate quotes and process delegated, as well as non-delegated MI certifications. Data returned from Radian automatically populates into the applicable LOS fields, eliminating error prone manual data entry.

Link copied

Published

Jun 22, 2020

Analysis and Data

Foreclosure Starts Dip Despite End Of Federal Moratoria

Delinquency rate falls below 4% for first time since start of pandemic.

The national mortgage delinquency rate fell again in September to 3.91%, the first time it’s been below 4% since the start of the COVID-19 pandemic, according to the first look at the data by Black Knight. The decline came despite the fact that national moratoria prohibitin...

Non-QM

SGR 2021-2 RMBS Offering Includes Non-QM Loans

The $229.4M offering received preliminary ratings from KBRA

Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings to six classes of mortgage pass-through certificates from SG Residential Mortgage Trust 2021-2 (SGR 2021-2). The offering is a $229.4 million non-prime residential mortgage-backed security transaction sponsore...

Nov

Detroit, MI

More from

Tech

Total Expert Introduces New Functionalities And Products For Banks And Lenders

Total Expert upgraded its CRM and customer engagement platform with a series of new functionalities and products.

Tech

Oct 22, 2021

Blend Launches New Income Verification Product

Blend Income Verification is a new product for financial services firms that provides instant income verification for mortgages and soon, consumer loans and deposit account opening.

Tech

Oct 21, 2021

ICE Mortgage Announces 0 Percent Loans For HFA Borrowers

ICE Mortgage Technology's latest Encompass update, Encompass 21.3 supports the ability for lenders to offer 0% loans.

Tech

Oct 20, 2021

FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech

Oct 19, 2021

Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.