Radian Mortgage Insurance Now Available Through Black Knight Financial Services’ Empower Loan Origination System
October 21 2015 - 7:00AM
Business Wire
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of
Radian Group Inc. (NYSE: RDN), now offers Radian MI for
non-delegated loans through a direct integration with the Black
Knight Financial Services Empower® loan origination system
(LOS).
“Since 2005, lenders have been able to check rate quotes and
submit delegated MI orders and receive quick decisions on Radian’s
mortgage insurance through a direct integration with Black Knight’s
comprehensive Empower LOS,” said Brien McMahon, Radian’s chief
franchise officer. “Now we are making it even easier for lenders to
order Radian MI on their non‐delegated MI loans without ever
leaving Empower.”
Empower, an end-to-end LOS that provides functionality for every
facet of the origination process, offers Radian customers the
ability to receive a Radian rate quote instantly through its
seamless Radian interface, which provides coverage of Radian MI
rates and products.
“The integration with Radian mortgage insurance delivers on our
commitment to continually add value for our clients nationwide,”
said Jerry Halbrook, president of Black Knight’s Origination
Technologies division. “The intuitive and easy-to-use Radian
interface via the Empower LOS enables the efficient and accurate
delivery of information to better meet the demands of mortgage
lenders.”
About Radian
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 and Red Bell Real
Estate. 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.
About Black Knight Financial Services, Inc.
Black Knight Financial Services, Inc. (NYSE: BKFS), a Fidelity
National Financial (NYSE:FNF) company, is the mortgage and finance
industries’ leading provider of integrated technology, data and
analytics solutions that facilitate and automate many of the
business processes across the mortgage lifecycle.
Black Knight Financial Services is committed to being the
premier business partner that lenders and servicers rely on to
achieve their strategic goals, realize greater success and better
serve their customers by delivering best-in-class technology,
services and insight with a relentless commitment to excellence,
innovation, integrity and leadership. For more information on Black
Knight Financial Services, please visit www.bkfs.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151021005446/en/
RadianEmily Riley,
215-231-1035emily.riley@radian.bizorBlack KnightMichelle
Kersch, 904-854-5043michelle.kersch@bkfs.com
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