RADNOR, Pa.--(BUSINESS WIRE)--
Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI),
announced today that it is now offering lenders access to Essent MI for
delegated and non-delegated loans and rate quotes through ISGN’s
MORvision Plug-In Partner Network. ISGN
Corporation™ (“ISGN”), is a leading provider of end-to-end
technology solutions and services to the U.S. mortgage industry.
“We are excited to announce that Essent MI is now available on ISGN’s
MORvision Plug-In Partner Network. Lenders will now have a direct
connection to Essent MI products without having to leave their MORvision
loan file,” said Bill Kaiser, Essent Guaranty’s chief operations
officer. “Delegated and non-delegated customers also have the
flexibility of checking rate quotes from Essent while working on a file.”
MORvision users now have a custom-designed screen where they can not
only submit MI data directly to Essent Guaranty, but also receive MI
rate quotes and MI certificate attachments, which are auto-populated
into the appropriate MORvision loan files. The Essent Guaranty
submission screen uses the MISMO standard mortgage insurance format and
offers an intuitive streamlined user interface that requires fewer
clicks than when ordering from the Web site. This customized submission
system has been built directly into MORvision.
“Because saving for a down payment can take years, private mortgage
insurance companies like Essent Guaranty are pivotal in providing
capital to facilitate homeownership for first-time homebuyers and low
down payment borrowers,” said Paul Imura, CMO of ISGN. “Access to Essent
MI provides an automated, seamless experience for our lender clients and
the ability to submit MI data on demand enabling a more efficient
mortgage lending process for our clients and their borrowers.”
About Essent
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company which,
through its wholly-owned subsidiary Essent Guaranty, Inc., offers
private mortgage insurance for single-family mortgage loans in the
United States. Essent provides private capital to mitigate mortgage
credit risk, allowing lenders to make additional mortgage financing
available to prospective homeowners. Headquartered in Radnor,
Pennsylvania, Essent Guaranty, Inc. is licensed to write mortgage
insurance in all 50 states and the District of Columbia, and is approved
by Fannie Mae and Freddie Mac. Additional information regarding Essent
may be found at www.essentgroup.com.
About ISGN
Based in Palm Bay, Fla., ISGN is a leading end-to-end provider of
mortgage technology and services, impacting over 5.5 million of all U.S.
mortgage loans. Our domain and technology experts have spent more than
25 years creating award-winning technologies and solutions to help
financial institutions improve precision, manage volatility and
effectively transform their business. With flexible staffing and
delivery models, ISGN is uniquely positioned as one of the few
comprehensive end-to-end mortgage service providers to both the
origination and servicing sectors. ISGN also offers valuation, title and
closing services. The company works with a majority of the top ten
national lenders, as well as with regional lenders, nonbanks, credit
unions and community banks. For more information, visit www.ISGN.com.
Source: Essent Group Ltd.