With the integration, users of LFC—Mortgage Cadence’s proprietary loan origination system—can now instantly obtain quotes from Arch MI’s RateStar. The LFC will automatically receive and store the Arch MI Rate Quote Summary document for future reference.
“Arch MI is pleased to offer expanded access to our innovative products on Mortgage Cadence’s LFC,” said Chris Hovey, Arch MI’s EVP and COO. “LFC users can now order non-delegated MI and access RateStar pricing without leaving the platform. Our integration enhancement exemplifies our commitment to providing seamless connectivity that improves business efficiencies for processors and underwriters.”
The integration also provides LFC users a new option to order non-delegated MI. In addition, users can deliver non-delegated loan documents to Arch MI without using external websites.
Paul Wetzel, EVP of Product Management at Mortgage Cadence said, “Mortgage Cadence is committed to providing a variety of third-party integration options to best serve our clients’ long-term needs. We are pleased to work with Arch MI to further our commitment to continually improving our customers’ access to highly robust vendor products and services.”