24 October 2023News

Essent integrates with Mortgage Cadence software

Essent Guaranty, the US subsidiary of Bermuda-based mortgage insurer Essent Group, has integrated with Mortgage Cadence’s Loan Fulfilment Centre.

The LFC platform gives customers a streamlined view of available mortgage insurance services with access to mortgage insurance rate and eligibility evaluations.  

“We are pleased to expand our integration with Mortgage Cadence to now provide mutual customers access to Essent’s products and services through their LFC platform,” said Kendra Placek, vice president of customer experience and innovation at Essent. 

“We are dedicated to providing streamlined access to our product offerings for customers and to working with mortgage technology providers focused on enabling a great mortgage experience for the borrower.”

Essent said the cloud-based LFC platform from Mortgage Cadence gave customers a streamlined view of available MI services with direct and real-time access to mortgage insurance rate and eligibility evaluations, whether quoting or ordering, leveraging Essent’s proprietary pricing engine.

“We are thrilled to announce the availability of Essent MI on the LFC platform with our 23.1 release. Essent is a valued partner who prioritizes the ability to order mortgage insurance in an efficient process, while mitigating risk for our clients,” says Jim Rosen, EVP of Services at Mortgage Cadence.




More on this story

ILS
25 June 2021   Essent Guaranty, the wholly-owned subsidiary of Essent Group, has obtained $557.9 million of fully collateralised excess of loss reinsurance coverage from Radnor Re 2021-1, the newly formed Bermuda special purpose insurer.
News
7 August 2023   The Bermuda-based insurer reports premium growth, interest rate increases.
News
10 August 2023   The mortgage insurance ILS transaction is the first of 2023.

More on this story

ILS
25 June 2021   Essent Guaranty, the wholly-owned subsidiary of Essent Group, has obtained $557.9 million of fully collateralised excess of loss reinsurance coverage from Radnor Re 2021-1, the newly formed Bermuda special purpose insurer.
News
7 August 2023   The Bermuda-based insurer reports premium growth, interest rate increases.
News
10 August 2023   The mortgage insurance ILS transaction is the first of 2023.