The company said that the integrations with these LOS providers will allow mortgage lenders to get direct access, at the push of a button, to Genworth USMI rate quotes and ordering of commitments to grant mortgage insurance, without leaving their internal loan origination system.
These integrated connections between Genworth and lenders’ loan origination systems will allow the lender to reduce duplicate data entries and speed up mortgage loan processing.
With the recently completed Encompass360 and PCLender integrations, all the information needed to populate the required mortgage insurance fields and provide a rate quote or commitment for mortgage insurance will be delivered automatically for most loans.
Commenting on the integration, Genworth USMI digital channel product manager, Erika Stinson, said: "Genworth technology solutions can streamline our customers’ mortgage origination processes. The integrations are part of Genworth USMI’s ongoing technology innovation and process improvements to ensure that it is easy for customers to do business with us. Our integrations with PCLender and Encompass360 make these improvements available to even more customers."
Genworth USMI provides secure electronic data connections to the mortgage origination systems of the nation’s LOS providers, as well as to the proprietary systems of many of the nation’s lenders.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData