Essent Group subsidiary integrates with Mortgage Cadence
Essent Guaranty Inc, the Pennsylvania-based subsidiary of Bermudian-headquartered Essent Group Ltd, the mortgage re/insurer, has integrated with Mortgage Cadence’s Loan Fulfilment Centre.
“We are pleased to expand our integration with Mortgage Cadence to now provide mutual customers access to Essent’s products and services through their LFC platform,” said Kendra Placek, vice-president of customer experience and innovation at Essent.
“We are dedicated to providing streamlined access to our product offerings for customers and to working with mortgage technology providers focused on enabling a great mortgage experience for the borrower.”
Essent said the flexibility of this cloud-based LFC platform from Mortgage Cadence gives customers a streamlined view of available MI services with direct and real-time access to mortgage insurance rate and eligibility evaluations.
Jim Rosen, EVP of services at Mortgage Cadence, said: “We are thrilled to announce the availability of Essent MI on the LFC platform with our 23.1 release.
“Essent is a valued partner who prioritises the ability to order mortgage insurance in an efficient process, while mitigating risk for our clients.”