Radian, NYLX Join Forces On Price Data

Radian Guaranty, the mortgage insurance (MI) subsidiary of Radian Group Inc., has formed a partnership with NYLX to incorporate Radian MI directly into the mortgage pricing and eligibility process.

As part of this partnership, NYLX will include Radian's rates and guidelines in its pricing and eligibility platform to calculate MI on loans, enabling lenders to adapt to mortgage and MI market conditions in real time, make smarter decisions and achieve better execution on their loans, the firms state.

In addition, Radian will educate customers on the value of the NYLX solution and how to maximize profitability through automation.

Sources: Radian Guaranty, NYLX

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