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Radian Partners with Ellie Mae’s TQL to Offer Mortgage Insurance to Customers

November 16, 2018

PHILADELPHIA--(BUSINESS WIRE)--Nov 16, 2018--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE:RDN), announced today that its customers can now experience a streamlined MI ordering process due to the enhanced capabilities offered in Ellie Mae’s Total Quality Loan® (TQL®) platform.

“At Radian, we are continuously looking for ways to make it easier for our customers to do business with us and are thrilled to partner will Ellie Mae in offering our customers a secure, accurate and more streamlined MI ordering process,” said Brien McMahon, chief franchise officer, Radian. “We believe that by streamlining the delivery of mortgage insurance through Ellie Mae’s TQL we’ll offer a better experience by enabling a more automated, accurate and efficient loan production process.”

Ellie Mae TQL offers customers operational efficiencies by allowing automated ordering, side-by-side rate quote comparisons and an automated allocation model. In addition, customers can benefit from increased visibility into order history, the ability to monitor key data changes and alert Encompass users when to re-order a rate quote or MI certificate.

“By integrating mortgage insurance into their TQL offering, Ellie Mae continues to lead the market in helping mortgage lenders achieve time and cost savings within the origination process. We’re excited to leverage the efficiency gains of having MI in TQL,” says Shaun Overton, Strategic Intelligence Office, Flat Branch Home Loans.

For more information visit www.elliemae.com

ABOUT RADIAN

Radian is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Learn more about Radian’s financial strength and flexibility at www.radian.biz and visit www.radian.com to see how Radian is shaping the future of mortgage and real estate services.

ABOUT ELLIE MAE

Ellie Mae (NYSE:ELLI) is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and efficiency. Visit EllieMae.com or call (877) 355-4362 to learn more.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181116005019/en/

CONTACT: Radian Group Inc.

Emily Riley, 215-231-1035

emily.riley@radian.biz

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PROFESSIONAL SERVICES INSURANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Radian Group Inc.

Copyright Business Wire 2018.

PUB: 11/16/2018 06:30 AM/DISC: 11/16/2018 06:30 AM

http://www.businesswire.com/news/home/20181116005019/en

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