Philadelphia-based mortgage insurer Radian and Lender Processing Services (LPS) have completed an interface to offer mortgage insurance (MI) in Loan Origination and Ordering Process.
Radian chief franchise officer Brien McMahon said, "This integration is a clear win for Radian's customers utilizing the PCLender LOS because the ordering process is now quicker and more convenient for them."
The new interface within the PCLender LOS will enable mortgage industry professionals to order and submit Radian MI rate quotes directly.
Radian delivers private mortgage insurance and related risk management products and services to mortgage lenders across the US through its principal operating subsidiary, Radian Guaranty.
Lender Processing Services offers comprehensive technology and services, as well as powerful data and analytics, to the mortgage lenders, servicers and investors.