Blue Sage, developers of the browser-based lending technology designed to provide borrowers with a digital mortgage experience, and Mortgage Guaranty Insurance Corporation (MGIC), a private mortgage insurer, announced the availability of MGIC's mortgage insurance rate quotes and delegated MI service ordering through the Blue Sage Digital Lending Platform.
Through this technology integration, loan originators can select MI products and order MGIC rate quotes or delegated MI without leaving the platform, improving the speed and accuracy of ordering MGIC MI.
This partnership with MGIC is another step forward in the Wisconsin-based Blue Sage's vision to provide an end-to-end, cloud-based digital mortgage experience capable of handling any business channel, from retail to wholesale, correspondent and even consumer direct. The integration was made possible through Blue Sage's unique application programming interfaces (APIs), which provide seamless interoperability between the platform and third-party systems.
"We're proud to partner with MGIC, which shares our vision to streamline the mortgage insurance process for lenders and consumers," said Joe Langner, CEO of Blue Sage. "Our automated integration with MGIC significantly reduces time and effort involved in ordering insurance, regardless of a lender's channel of business. Through partnerships such as these, Blue Sage continues to modernize mortgage lending in the cloud in ways that other platforms simply cannot match."
"We are excited to be working with Blue Sage to bring the newest MGIC offerings to our mutual customers," said Margaret Crowley, VP of Marketing and Customer Experience at MGIC. "As we continue to define new ways of supporting the private mortgage insurance needs of our customers, partners like Blue Sage are creating platforms that support continuous innovation."