MGIC makes its mortgage insurance pricing available through CompassPPE
Mortgage Guaranty Insurance Corporation (MGIC), together with fintech provider Compass Analytics, has announced the integration of MGIC’s mortgage insurance quotes into Compass Analytics’ CompassPPE engine.
With the integration, loan originators can pick MI products and order MGIC rate quotes through CompassPPE without leaving the platform. This technology integration brings real time mortgage insurance quotes to the point of sale.
"Our technology allows lenders to put accurate, granular pricing tools in the hands of loan originators so that they can help clients make well-informed decisions about one of the biggest investments of their lives. Our vision for pricing technology is to deploy the most advanced tools for bringing mortgage pricing quickly and accurately to the consumer," said Nancy Pollard, Compass Analytics' managing director of pricing technologies.
"We are proud to partner with Compass Analytics to provide access to MGIC mortgage insurance rates," said Margaret Crowley, vice president of marketing and customer experience at MGIC. "Whether lenders choose to use MGIC's new MiQ rates or traditional rate card rates, our integration with Compass Analytics will ensure quick, easy access."
