National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announces that its private mortgage insurance is now available to lenders through the PCLender loan origination system (LOS) from Fiserv. Lenders will now be able to quote and order National MI’s mortgage insurance directly from within the PCLender platform.
“National MI is very pleased to join forces with Fiserv,” said Michael Dirrane, chief sales officer for National MI. “Our integration provides many benefits to our mutual lender customers. Lenders can now obtain quotes and order mortgage insurance without ever leaving the PCLender platform, speeding and streamlining the loan origination process.”
The integration is part of National MI’s continuing effort to make ordering private mortgage insurance as easy as possible for its lender customers. When lenders order rate quotes and mortgage insurance certificates from within the PCLender platform, the mortgage insurance values will be populated in the proper LOS fields, which will allow for the generation of accurate disclosures and closing documents.
“This is one more example of how Fiserv is putting all the elements needed to originate a loan at lenders’ fingertips in a single platform,” said Lionel Urban, vice president, product management, PCLender, Fiserv.
PCLender streamlines lenders’ mortgage lending workflow through process automation, seamless integrations and rule‐based validation, granting lenders improved loan quality and consistent compliance.