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Radian integrates mortgage insurance quotes into Lender Price platform
The update lets Lender Price users generate quotes using Radian’s RADAR Rates model and also view traditional Radian rate cards within the same workflow.
Lender Price has added Radian Guaranty mortgage insurance quotes to its mortgage pricing software, allowing lenders and brokers to compare loan products, check borrower eligibility, and calculate pricing without leaving the platform, according to Coverager.
The integration provides access to Radian’s RADAR Rates risk-based pricing model, which uses loan and borrower characteristics to generate a quote.
Users can also access Radian’s traditional rate cards through the same workflow.
Coverager also notes the move completes Radian’s transition from a U.S. mortgage insurer to a global multi-line specialty insurer.