National MI Integrates with OpenClose Loan Origination Software


National Mortgage Insurance Corp. (National MI), the primary operating subsidiary of NMI Holdings Inc., is now integrated with OpenClose, a fintech provider offering mortgage lenders a browser-based loan origination system (LOS).

“National MI’s integration with OpenClose provides lenders with a true end-to-end, multi-channel LOS and application programming interface (API) suite, enabling an efficient mortgage insurance quoting and ordering process,” says Norm Fitzgerald, National MI’s chief sales officer. “OpenClose allows National MI customers to originate loans more seamlessly, and we’re proud to team up with them.”

With the integration, lenders can access National MI’s Rate GPS rate quotes via the OpenClose LenderAssist LOS and order mortgage insurance directly through the OpenClose platform.

“We’re very pleased to partner with National MI to make its competitive Rate GPS pricing available directly on the LenderAssist platform,” states Vince Furey, OpenClose’s chief revenue officer. “This integration enhances and streamlines the process for obtaining mortgage insurance rate quotes and ordering private mortgage insurance for National MI and OpenClose customers, saving them time and money.”

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