RADNOR, Pa.--(BUSINESS WIRE)--
Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI)
and subsidiary of Essent Group Ltd. (NYSE: ESNT), announced today that
HousingWire Magazine has named its popular homebuyer education tool,
EssentIQ™, to its list of 2017 TECH100™ award winners.
“The companies that make up the 2017 HW TECH100 are the cream of the
crop of the entire housing industry, from real estate to mortgage
lending, servicing, and investment,” said HousingWire Senior Financial
Reporter Ben Lane. “These companies aren’t just taking part in the
housing industry’s technological revolution; they’re leading it.”
EssentIQ’s data-driven design creates customer-specific scenarios in
seconds to:
-
show the opportunity cost of waiting to save 20% down vs. buying now
-
calculate the long-term savings of not paying rent
-
project how quickly homeownership can build equity and wealth
accumulation
Mortgage professionals can then print, save and email summaries
personalized with their homebuyer’s name, as well as their own logo or
photo.
In addition, “EssentIQ en Español launched this week. Being recognized
as a TECH100 award winner underscores how powerful this tool can be for
mortgage professionals,” said Felipe Obando, Essent’s vice president of
marketing. “According to a recent announcement from NAHREP®,
for the second year in a row, Hispanics were the only ethnic demographic
to have an increase in their homeownership rate. EssentIQ en Español
will be a critical tool for those who want to reach out to and better
serve this segment of the market.”
To learn more about this free online tool, go to essent.us/essentiq.
For more information about the TECH100TM winners, visit housingwire.com/articles/39390-hw-tech100-winner-essent-guaranty.
Source: Essent Group Ltd.
About Essent:
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company
(collectively with its subsidiaries, “Essent”) 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.
Essent also offers mortgage-related insurance, reinsurance and advisory
services through its Bermuda-based subsidiary, Essent Reinsurance Ltd.
Additional information regarding Essent may be found at www.essentgroup.com
and www.essent.us.
About HousingWire:
HousingWire is the nation's most influential industry news source
covering the U.S. housing economy, spanning residential mortgage
lending, servicing, investments, and real estate operations. The
company's news, commentary, magazine content, industry directories, and
events give more than one million industry professionals each year the
insight they need to make better, more informed business decisions.
Winner of numerous awards, including a 2012 Eddie Award for national
editorial excellence in the B2B Banking/Business/Finance category,
HousingWire has been recognized for excellence in journalism by the
Society of Business Editors and Writers, the American Society of
Business Press Editors, the National Association of Real Estate Editors,
and Trade Association Business Publications International. Learn more at
housingwire.com.
Tech100™ is a trademark of HousingWire.
NAHREP® is a registered trademark of the National Association of
Hispanic Real Estate Professionals.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170306005136/en/
Source: Essent Group Ltd.