MGIC Announces Partnership with WEI Technology
Through the MISMO-based integration, originators utilizing the LendingPad LOS can order MGIC rate quotes and delegated mortgage insurance without leaving the platform. This automation of data exchange helps improve the loan origination process by saving time and increasing accuracy. MGIC is the first mortgage insurance company to integrate with LendingPad.
"Customers are going to see a dramatic increase in efficiency as a result of integrating MGIC with LendingPad. We've streamlined the process so users can go from quoting MI rates to obtaining a mortgage insurance certificate in just a few clicks," said
"Our new integration with LendingPad addresses the growing demand for automation in the loan origination process," said
MGIC, the principal subsidiary of
LendingPad's innovative loan origination system (LOS) was created by mortgage professionals to modernize the complex loan origination process. The solutions LendingPad offers elevate the efficiency, compliance, and information security of brokers, lenders, banks and credit unions. LendingPad's unique features include customized dashboards, same-file multi-user capabilities and real-time loan updates. These solutions streamline the origination process, while lowering the total cost of mortgage lending. LendingPad is a product of
MGIC, Michael J. Zimmerman, 414-347-6596, firstname.lastname@example.org, LendingPad, Rachel Kulaga, 202-810-1008; email@example.com