Arch Mortgage Insurance Company (Arch MI) has announced that Mortgage Cadence, an Accenture Company, has integrated Arch MI’s mortgage insurance platform into the Mortgage Cadence Enterprise Lending Center (ELC).
Mortgage Cadence said its ELC facilitates lending in all forward and reverse mortgage channels and across all mortgage products, including home equity, and automatically saves mortgage insurance pricing data, storing quotes and insurance certificates in an automated document capture and classification solution.
With the integration of Arch MI’s platform, ELC users can efficiently obtain mortgage insurance quotes from Arch MI RateStar, ensuring that competitive pricing and eligibility information is included in each quote.
Mortgage Cadence added that, by integrating the platform, its Imaging Center customers will also be able to deliver non-delegated loan documents to Arch MI without resorting to external websites, providing a simplified user experience.
Carl Tyree, Executive Vice President and Chief Sales Officer at Arch MI, commented: “Arch MI is a leader in MI risk-based pricing and we are pleased to deepen our relationship with Mortgage Cadence by offering expanded access to our innovative products through ELC.
“This latest integration exemplifies our commitment to providing seamless connectivity that improves business efficiencies for processors and underwriters.”
Trevor Gauthier, President and Chief Operating Officer of Mortgage Cadence, added: “We’re pleased to offer our ELC users access to Arch MI’s platform without having to leave the system or re-key information. This integration is another example of our ongoing commitment to quickly connect lenders with the products and services they need.”
Headquartered in Greensboro, North Carolina, Arch MI is the U.S mortgage insurance operation of Arch Capital Group Ltd., and its mortgage insurance platform has been available through Mortgage Cadence’s Loan Fulfillment Center platform for several years.
