Lenders using the Mortgage Cadence Enterprise Lending Center (ELC) loan origination system (LOS) can more quickly and easily order mortgage insurance (MI) from Essent Guaranty Inc., thanks to a new integration between the two companies’ platforms.
“With the enhanced Essent MI integration within Mortgage Cadence’s ELC, lenders can access a greater array of MI products, premium payment types and coverage choices, and [this], thus, gives them many options to offer borrowers,” explains Bill Kaiser, chief operations officer for Essent Guaranty, in a release. “Essent believes that clients will be elated to take advantage of the process automation afforded by this sophisticated integration that will save time and minimize human error.”
“Mortgage Cadence is continuously working on third-party integration options to best serve our clients’ long-term needs,” adds Paul Wetzel, executive vice president of product management for Mortgage Cadence, an Accenture Company. “This integration with Essent is just one great example of our commitment to help our customers enhance efficiency and reduce risk through full-featured integrations. We look forward to broad use of the Mortgage Cadence Essent integration.”