Integration aims to streamline the origination process
National Mortgage Insurance Corporation has integrated its real-time mortgage insurance pricing with Blue Sage’s digital lending platform.
The integration lets lenders get National MI quotes and order delegated mortgage insurance within the Blue Sage platform. It also tracks and updates data changes throughout the loan file in real time, automating the process of reordering and repricing mortgage insurance.
“National MI is very pleased to join forces with Blue Sage,” said Mike Dirrane, chief sales officer and senior managing director at National MI. “Lenders can now see National MI’s rate, and choose the quote that is best for them. Having access to our Rate GPS risk-based pricing through the Blue Sage platform will save lenders time and streamline the origination process.”
“National MI’s products and groundbreaking risk-based pricing technology make them a perfect partner for us,” said Blue Sage Chief Executive Officer Joe Langner. “One of the many distinctive aspects to this direct, system-to-system integration is that Blue Sage automatically alerts users if changes in the loan file require mortgage insurance to be reordered or repriced. This type of rules-based process automation is unique among mortgage platforms because only Blue Sage was built with today’s modern technology.”
