PathSoftware and MGIC Announce Integration

CalyxSoftware announced Monday its mortgage loan origination software, PathSoftware, is integrating with Mortgage Guaranty Insurance Corporation (MGIC).

This integration allows for two-way communication and secure data exchange between PathSoftware and MGIC. PathSoftware customers can now obtain MGIC rate quotes and order mortgage insurance without leaving their loan file. The integration also auto-populates the appropriate mortgage insurance premium fields back into the loan file without leaving Path, decreasing data entry time and increasing accuracy.

Margaret Crowley, VP of Marketing and Customer Experience at MGIC, elaborated on the benefits of the integration. “Our integration with CalyxSoftware addresses the growing demand for automation in the loan origination process,” she said. “This partnership further illustrates our commitment to providing best-in-class customer experiences.”

Doug Mitchell, Director of Sales and Support at PathSoftware, expressed his approval of the integration and is looking forward to the future. “PathSoftware was designed to simplify and streamline the mortgage origination process and tight integrations with our partners further this goal,” he said. “We’re proud to partner with MGIC, the nation’s first private mortgage insurer, to make it easier than ever for joint clients to order MI and help first-time borrowers get into homes.”