Arch Mortgage Insurance Company, a Greensboro, North Carolina-based private mortgage insurer, announced an integration with Lender Price, a California-based big data technology provider. Arch MI’s RateStar quotes will now be available through Lender Price.
Lender Price offers a pricing and product eligibility solution for mortgage lending professionals.
RateStar delivers risk-based mortgage insurance quotes and eligibility information.
“Loan originators who use the Lender Price PPE platform now have easy access to RateStar, Arch MI’s most dynamic and competitive MI rate program,” said Chris Hovey, EVP and COO at Arch MI, which is a wholly-owned subsidiary of Arch Capital Group Ltd.
Users of Lender Price will be able to instantly access RateStar quotes, which will also be accessible within the Lender Price platform, “providing flexibility for lenders who choose to build their own pricing applications using the Lender Price solution,” according to Arch MI.
“Arch MI is very pleased to partner with Lender Price,” Hovey said. “This integration is another example of our commitment to provide innovative and seamless technology solutions to lenders.”
Lender Price Co-founder and CEO Dawar Alimi said, “The integration between Arch MI and Lender Price further enhances our best-in-class Pricing and Product Eligibility product.”
He added, “We are excited to work with Arch MI, a likeminded company committed to enhancing the user experience and streamlining the mortgage loan process.”