National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., recently made its private mortgage insurance available to lenders through the PCLender loan origination system (LOS) from Fiserv to enable lenders to quote and order the company’s mortgage insurance directly from within the PCLender platform.
“National MI is very pleased to join forces with Fiserv,” National MI Chief Sales Officer Michael Dirrane said in a press release. “Our integration provides many benefits to our mutual lender customers. Lenders can now obtain quotes and order mortgage insurance without ever leaving the PCLender platform, speeding and streamlining the loan origination process.”
The integration is part of National MI’s continuing effort to make ordering private mortgage insurance as easy as possible for its lender customers. When lenders order rate quotes and mortgage insurance certificates from within the PCLender platform, the mortgage insurance values will be populated in the proper LOS fields, which will allow for the generation of accurate disclosures and closing documents.
“This is one more example of how Fiserv is putting all the elements needed to originate a loan at lenders’ fingertips in a single platform,” Lionel Urban, vice president, product management, PCLender, Fiserv, said in the release.
PCLender streamlines lenders’ mortgage lending workflow through process automation, seamless integrations and rule‐based validation, granting lenders improved loan quality and consistent compliance.