Certain mortgage borrowers whose loans are serviced by RoundPoint Mortgage Servicing might soon be getting a surprise: A phone call or message alerting them that they could reduce their escrow payment or get a lower rate for their homeowner’s insurance.
This is due to a new integration between RoundPoint and Matic Insurance.
The integration will make Matic’s one-click “get quote” button available to both customers and employees of RoundPoint, the companies say in a release.
In addition, homeowners whose mortgages are serviced by RoundPoint will be notified by Matic when they could save money by switching to a different A-rated homeowner’s insurance carrier.
“Mortgage servicers rarely get to call their customers and offer a lower escrow payment or more comprehensive insurance coverage without a premium increase – yet these are exactly the kinds of opportunities Matic will bring to RoundPoint customers every day,” says Benjamin Madick, chief operating office for Matic, in the release.
RoundPoint will also make Matic available to homebuyers applying for a mortgage loan through the company’s retail mortgage lending division.
In addition, Matic will be available to RoundPoint employees via a private-labeled Web portal.
“The fact that RoundPoint is making Matic available not only to our mortgage origination and servicing customers, but also to our employees, is a testament to our enthusiasm for Matic’s innovative homeowner’s insurance experience,” says Kevin Brungardt, CEO of RoundPoint.
“Matic is a key component of our Homeownership Marketplace initiative, which provides products and services that provide value, save money and enhance the overall experience for borrowers,” Brungardt adds. “Our long-term goal is for every customer to custom-tailor his or her own Personal Household Economy within this Marketplace. The timing is perfect as we just officially launched this effort with an overhaul of our website, customer portals and overall customer experience.”
Mastic is a technology-driven insurance agency focused on helping lenders and loan officers better integrate homeowner’s insurance into the lending process.
RoundPoint services over $75 billion worth of mortgage assets as a fully licensed subservicer for commercial banks, credit unions, mortgage companies and hedge funds.
