Essent Announces Enhanced Integration with PMI Rate Pro to Support EssentEDGE Pricing
May 14 2024 - 7:00AM
Business Wire
Expanded partnership with PMI Rate Pro for
seamless ordering
Essent Guaranty, Inc., a nationwide provider of mortgage
insurance (MI) and subsidiary of Essent Group Ltd. (NYSE: ESNT)
announced today an enhanced integration with PMI Rate Pro, an
innovator in MI pricing platforms, to now include ordering MI. This
represents an improvement in efficiency and accessibility for our
mutual customers and prospective homeowners.
“Essent is pleased to evolve our partnership with PMI Rate Pro
in providing customers an improved, intuitive interface which
supports EssentEDGE, our proprietary next generation risk
assessment and MI pricing engine,” said Kendra Placek, SVP of
Operations at Essent. “We continue to be 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 has partnered with PMI Rate Pro since 2020, working with
them to build their product and platform into today’s feature rich
offering which provides direct user access and seamless API
integration with loan origination systems and pricing engines. This
latest enhancement allows PMI Rate Pro customers to receive rate
quotes, leverage risk allocation functionality and MI ordering
directly without leaving PMI Rate Pro’s end-to-end API
platform.
About PMI Rate Pro
PMI Rate Pro is a cutting-edge technology company hyper-focused
on PMI. Our API first MI Pricing Engine delivers prices from all 6
MI providers across 5 standard insurance products, all with a
single click of a button. The quotes can be displayed in order by
best price, or in order based on our risk allocation algorithm. PMI
Rate Pro has two products: MIQuote – Web application that quotes
PMI and MIPrice- an end-to-end API product that allows mortgage
software solutions to integrate once to get feature robust MI
capabilities. https://pmiratepro.com/.
About Essent
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding
company (collectively with its subsidiaries, “Essent”) which serves
the housing finance industry by offering private mortgage
insurance, reinsurance, risk management products and title
insurance and settlement services to mortgage lenders, borrowers,
and investors to support homeownership. Additional information
regarding Essent may be found at www.essentgroup.com.
Source: Essent Group Ltd.
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Media Contact 610.230.0556 media@essentgroup.com
Investor Relations Contact Philip Stefano Vice President,
Investor Relations 855-809-ESNT ir@essentgroup.com
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