Radian Enhances Integration with Ellie Mae’s Encompass® Mortgage Management Solution
September 08 2016 - 6:30AM
Business Wire
Partnership enables lenders to access Radian’s
services through all-in-one mortgage management solution
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of
Radian Group Inc. (NYSE: RDN), now offers Radian MI for
non-delegated data and document submission through a direct
integration with the Ellie Mae’s Encompass® all-in-one mortgage
management solution. The seamless integration allows lenders to
access Radian’s solutions directly through Encompass to drive
quality and efficiency in the loan origination process.
This integration allows Radian MI to be offered for
non-delegated loans directly through Encompass. The integration
will streamline the loan origination process for both Radian and
Ellie Mae customers, by allowing them to order Radian MI for
non-delegated loans, upload loan documents and get real time rate
quotes directly via one simple process.
Ellie Mae is a leading provider of innovative on-demand software
solutions and services for the residential mortgage industry. Ellie
Mae’s Encompass all-in-one mortgage management solution provides
one system of record that enables banks, credit unions and mortgage
lenders to originate and fund mortgages and improve compliance,
loan quality and efficiency.
“At Radian, we are always 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 and head of
sales. “Our secure, seamless integration with Encompass enables our
clients to simplify the process of ordering our products and
services, so they can more efficiently process mortgage loans and
grow their business. We look forward to a long, successful
relationship with Ellie Mae.”
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-down payment mortgages in the
secondary market and enables homebuyers to purchase homes more
quickly with down payments less than 20%.
- Mortgage and Real Estate Services,
through its principal services subsidiary Clayton, 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160908005158/en/
Radian Group Inc.Emily Riley,
215-231-1035emily.riley@radian.biz
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