Users of OptimalBlue's product and pricing engine now have fast access to pricing for National Mortgage Insurance Corp.'s (National MI) private mortgage insurance, thanks to the integration of the two companies' platforms.
The integration enhances and simplifies the process of obtaining rate quotes by enabling users to receive quotes instantly within Optimal Blue's software, which is based on Mortgage Industry Standards Maintenance Organization (MISMO) standards.
In a release, Jay Sherwood, president of National MI, says the integration will mean ‘much faster results for lenders, reducing costs and delays, and making for a more streamlined process at a time when lenders need to be as efficient as possible.’
‘National MI is a widely respected mortgage insurance company, and we're happy to partner with them,’ adds Larry Huff, co-CEO of Optimal Blue. ‘Lenders don't have to move between the two systems, as MI rate quote functionality is embedded within Optimal Blue. The integration improves the customer experience for both National MI and Optimal Blue clients.’