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Tag Archives: Private Mortgage Insurance

Arch MI, OpenClose Offer Individualized MI Rates in Seconds

Arch Mortgage Insurance Company and OpenClose announce Monday an integration aimed at providing “more competitive, sophisticated and dynamic MI pricing solution than conventional rate sheets,” according to Chris Hovey EVP and COO at Arch MI. Arch MI, the flagship private mortgage insurance provider of Greensboro, North Carolina-based Arch Capital Group, and West Palm Beach, Florida-based OpenClose, are collaborating to offer Arch MI RateStar pricing information within the OpenClose LenderAssist loan origination system.

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Arch MI’s RateStar Now Available Through Lender Price

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.

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The Face Off—FHA vs. Private Mortgage Insurance

In the time period following the housing market collapse, private mortgage insurance was not easy to obtain. This left the door open for the FHA to step in to accommodate low-down payment borrowers and pick up more market share. But the tables have since turned.

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