PHILADELPHIA--(BUSINESS WIRE)--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE:RDN), announced today that Radian MI is now available through Byte Software’s BytePro Loan Origination System (LOS).
“At Radian, we are committed to providing borrowers with the best possible MI solutions with greater efficiency,” said Brien McMahon, chief franchise officer at Radian. “The partnership between Radian and BytePro offers customers the ability to easily obtain Radian MI rate quotes and order delegated and non‐delegated MI certificates.”
This direct connect integration allows BytePro users to obtain rate quotes and order Radian MI on both a delegated and non-delegated basis, and submit documents without leaving their LOS. Through this integration, users can enjoy a streamlined MI ordering process that improves efficiency and productivity.
“We’re honored by the opportunity to partner with an industry leader like Radian,” noted Mark Todd, National Sales Manager for Byte Software. “Together, we’re extending new efficiencies that benefit our clients and the borrowers they serve.”
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 helps protect 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, 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.
ABOUT BYTE SOFTWARE, LLC
Since 1985 Byte Software has offered innovative software products that provide control over the loan manufacturing process, and enhance the customer experience. The BytePro product suite is trusted by over a thousand banks, credit unions, mortgage bankers and brokers to efficiently move loans from application to secondary loan sale.