Insurance Technology Industry News
[December 05, 2012]
Mortgagebot partners with Radian Guaranty
Dec 05, 2012 (Datamonitor via COMTEX) -- Mortgagebot LLC, a D+H company and a provider of mortgage and consumer lending technology, has partnered with Radian Guaranty Inc., a mortgage insurance, or MI, subsidiary of Radian Group Inc., to include Radian MI in its loan origination system, or LOS - Mortgagebot EnterpriseLOS.
This partnership will streamline the loan origination and ordering process for both Radian and Mortgagebot's LOS customers, allowing them to order MI directly via one process through the Mortgagebot platform, the company said.
Brien McMahon, Radian's chief franchise officer, said:"This is exciting news because it's one more way Radian is working to accomplish one of our top priorities - making it easier than ever to do business with us. Partnering with a well regarded leader like Mortgagebot will simplify how MI is ordered for many of our customers, and we're proud to deliver that." Matt Cotter, Mortgagebot's senior vice president of sales and marketing, said:"Our integration with Radian is a win-win for both Mortgagebot and Radian customers alike," said. "Mortgagebot is all about delivering lending technology that is flexible, scalable and innovative, and Radian is known as an innovator in the MI space."
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