PCLender.com Completes Private Mortgage Insurance Integration With PMI, CMG MI

Posted by Orb Staff on September 30, 2008 No Comments
Categories : Residential Mortgage

PCLender.com, a fully hosted Web-based software and services solutions provider to mid-sized mortgage bankers and financial institutions, has completed the integration of its In-House Mortgage enterprise lending platform with private mortgage insurers The PMI Group Inc. and CMG Mortgage Insurance Co. (CMG MI).

According to PCLender.com, the integration enables a complete transfer of required data from the origination platform directly into the insurers' rate quote and application portals, eliminating the time required by and inherent risk of rekeying previously validated information.

‘Private mortgage insurance is one of a lender's best allies for reducing risk and ensuring quality business practices,’ says Lionel Urban, PCLender founder and CEO. ‘As new compliance guidelines and related industry best practices emerge, we want our current and future customers to have the tools they need to increase efficiency and accuracy when ordering private mortgage insurance.’

Source: PCLender.com

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