Radian Mortgage Integration to Streamline Loan Origination
PHILADELPHIA, PA — Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), today announced it has completed integration with LendingQB™ 100% web browser-based, end-to-end mortgage loan origination software (LOS).
This integration allows Radian MI to be offered for delegated loans directly through the LendingQB end-to-end LOS. The integration will streamline the loan origination process for both Radian and LendingQB customers, by allowing them to order Radian MI for delegated loans and get real time rate quotes directly via one simple process through the LendingQB end-to-end LOS.
“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,” said Brien McMahon, Radian’s chief franchise officer. “Partnering with LendingQB will allow for direct and real-time access to private MI for lenders and borrowers, and we’re proud to deliver that.”
“Providing our clients with seamless integrations to our vendor-partners is key to the Lean Lending® Strategy,” said Binh Dang, president of LendingQB.
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance, risk management products and real estate services to financial institutions. Radian offers products and services through two business segments:
- Mortgage Insurance, through its principal mortgage insurance subsidiary Radian Guaranty Inc. This private mortgage insurance protects lenders from default-related losses, facilitates the sale of low-downpayment mortgages in the secondary market and enables homebuyers to purchase homes more quickly with downpayments less than 20%.
- Mortgage and Real Estate Services, through its principal services subsidiary Clayton Holdings LLC, as well as Green River Capital, Red Bell Real Estate and ValuAmerica. These solutions include information and services that financial institutions, investors and government entities use to evaluate, acquire, securitize, service and monitor loans and asset-backed securities.
Additional information may be found at www.radian.biz.
LendingQB is a provider of 100% web browser-based, end-to-end loan origination software offering residential mortgage banking organizations lean strategies for optimal performance resulting in faster cycle time and lower costs per loan. For more information, please call 888.285.3912 or visit www.lendingqb.com.