Essent Guaranty Announces Interface with D+H’s Mortgagebot L O S™, Offering Streamlined MI Experience
RADNOR, PENNSYLVANIA – August 19, 2014 – Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI), announced today that it is now offering lenders access to Essent MI for delegated and non‐delegated loans as well as rate quotes through an interface with D+H’s Mortgagebot L O S™.
“Essent’s interface with Mortgagebot L O S enables lenders to have an enhanced and seamless experience when ordering Essent MI,” said Bill Kaiser, Essent Guaranty’s chief operating officer. “Essent MI is immediately available directly from Mortgagebot L O S.”
“The result is that our mutual customers will gain greater efficiency by having direct access to select Essent MI, without requiring them to leave the platform,” said Scott Hansen, senior vice president of marketing, D+H. “We are pleased to provide another productivity enhancement for banks and credit unions that are focused on maximizing operational efficiency.”
Mortgagebot L O S is the back‐end solution within the end‐to‐end Mortgagebot® platform. D+H’s web‐based loan origination system supports retail, wholesale and correspondent mortgage lending. It is a user‐friendly solution for streamlining all origination processes, accessing information anytime/anywhere, increasing loan productivity and reducing operating costs.
The Mortgagebot platform helps lenders meet evolving consumer demands, stay current with ever‐changing regulations and streamline lending operations. From capturing new online business, empowering branch associates and equipping loan officers with productivity tools, to processing, closing, imaging and secondary marketing, Mortgagebot solutions span the entire origination cycle.
Banks and credit unions nationwide rely on Mortgagebot technology to power their lending operations, resulting in enhanced borrower satisfaction, increased productivity and greater market share.
About Essent
Essent Group Ltd. (NYSE: ESNT) is a Bermuda‐based holding company which, through its wholly‐owned subsidiary Essent Guaranty, Inc., offers private mortgage insurance for single‐family mortgage loans in the United States. Essent provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. Headquartered in Radnor, Pennsylvania, Essent Guaranty, Inc. is licensed to write mortgage insurance in all 50 states and the District of Columbia, and is approved by Fannie Mae
and Freddie Mac. Additional information regarding Essent may be found at www.essentgroup.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 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.