EMERYVILLE, Calif., Aug. 13, 2014 /PRNewswire/ -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) announces that National MI's mortgage insurance products have been directly integrated with D+H's MortgagebotLOS™, an all‐in‐one loan origination system (LOS) that supports retail, wholesale and correspondent mortgage lending.
Typically in the mortgage industry, ordering mortgage insurance is done separately from the origination process. "As a result of this integration, lenders who use MortgagebotLOS can now order National MI policies from within the loan origination system, saving time and streamlining the process for lenders," said Pete Pannes, chief sales officer of National MI.
Through its signature product, National MI SafeGuard®, National MI is currently the only private mortgage insurer to provide lenders with rescission relief on every loan after 12 months of timely payments, for both delegated and non-delegated loans.
"We understand how important it is for our clients to create a seamless experience for their customers," said Scott Hansen, senior vice president of marketing, D+H. "By integrating National MI's insurance products into MortgagebotLOS, we are expanding how our clients can use the platform to streamline their processes, while satisfying customer needs."
"Giving National MI's customers the ability to order private mortgage insurance without leaving D+H's leading-edge, user-friendly loan origination system makes it easier for lenders to do business with us," Pannes said. "This integration offers great benefits to our mutual customers by creating a smoother experience."
About National MI National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com.
About D+H D+H is a leading provider of secure and reliable technology solutions to domestic and global financial institutions with a reputation for being a trusted partner that helps clients build deeper, more profitable relationships with their customers based on rich industry and market insight, and consumer knowledge. Today, approximately 7,000 banks, specialty lenders, community banks and credit unions rely on D+H to deliver solutions across three broad service areas: Banking Technology Solutions, Lending Processing Solutions, and Payments Solutions. Our integrated, compliant technology solutions enable clients to grow, compete, and optimize their operations, while our forward looking approach helps them stay ahead of the market and anticipate changing consumer needs. D+H is one of the world's top FinTech companies as measured on the FinTech 100 list.
DH Corporation is listed on the Toronto Stock Exchange under the symbol DH. Further information can be found at www.dhltd.com and in the disclosure documents filed by DH Corporation with the securities regulatory authorities at www.sedar.com.
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SOURCE NMI Holdings, Inc.