PHILADELPHIA--(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.”
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.