Arch Mortgage Insurance Co. (Arch MI), a provider of private mortgage insurance, and Mortgage Cadence have collaborated to create enhanced integration capabilities for Mortgage Cadence’s Loan Fulfillment Center (LFC).
With the integration, users of LFC – Mortgage Cadence’s proprietary loan origination system – can now instantly obtain quotes from Arch MI’s RateStar, a rates program that ensures competitive pricing and eligibility information are included in each mortgage insurance (MI) quote. The LFC will automatically receive and store the Arch MI Rate Quote Summary document for easy viewing and future reference.
The integration also provides LFC users a new option to order non-delegated MI. In addition, users of Mortgage Cadence’s Imaging Center can deliver non-delegated loan documents to Arch MI without using external websites, providing a completely on-platform and simplified user experience.
Arch MI’s flagship mortgage insurer, Arch Mortgage Insurance Co., is licensed to write mortgage insurance in all 50 states, the District of Columbia and Puerto Rico. Mortgage Cadence, a wholly owned subsidiary of Accenture, has been offering mortgage technology solutions designed for point-of-sale through post-closing since 1999.