Radian Expands BlitzDocs Use to Contract Underwriting Submissions
September 20 2017 - 5:30AM
Business Wire
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of
Radian Group Inc. (NYSE:RDN), is expanding its use of Conduent
Mortgage Services’ BlitzDocs Collaboration Suite Electronic Loan
Folder (eFolder) software to support contract underwriting
documents. Radian customers can now submit contract underwriting
orders and upload documents in addition to the disclosure and due
diligence documents they have been submitting through
BlitzDocs.
“We’ve been very pleased with the enhanced workflow and
efficiency of BlitzDocs and adding contract underwriting documents
to the list of items that can be uploaded is another measure that
will save our customers time,” said Brien McMahon, chief franchise
officer at Radian. “This is the latest in a series of steps Radian
has taken to establish a collaborative platform that will allow us
to more closely work with mortgage lenders and help prospective
homeowners.”
Through the BlitzDocs eFolder software Radian is able to
simultaneously view, collaborate on, and share images, documents,
and data with lenders and other partners. Customers are able to
electronically interact with Radian on BlitzDocs’ intelligent,
collaborative network, which will provide immediate access to loan
statuses and updates.
ABOUT RADIAN
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia,
provides private mortgage insurance, risk management products and
real estate services to financial institutions. Radian offers
products and services through two business segments:
- Mortgage Insurance, through its
principal mortgage insurance subsidiary Radian Guaranty Inc. This
private mortgage insurance protects lenders from default-related
losses, facilitates the sale of low-downpayment mortgages in the
secondary market and enables homebuyers to purchase homes more
quickly with downpayments less than 20%.
- Mortgage and Real Estate
Services, through its principal services subsidiary Clayton, as
well as Green River Capital, Red Bell Real Estate and ValuAmerica.
These solutions include information and services that financial
institutions, investors and government entities use to evaluate,
acquire, securitize, service and monitor loans and asset-backed
securities.
Additional information may be found at www.radian.biz.
About Conduent
Conduent (NYSE: CNDT) is the world’s largest provider of
diversified business process services with leading capabilities in
transaction processing, automation and analytics. The company’s
global workforce is dedicated to helping its large and diverse
client base deliver quality services to the people they serve.
These clients include 76 of the Fortune 100 companies and over 500
government entities.
Conduent’s differentiated offerings touch millions of lives
every day, including two-thirds of all insured patients in the U.S.
and nearly nine million people who travel through toll systems
daily. Whether its digital payments, claims processing, benefit
administration, automated tolling, customer care or distributed
learning – Conduent manages and modernizes these interactions to
create value for both its clients and their constituents. Learn
more at www.conduent.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170920005150/en/
Radian Group Inc.Emily Riley,
215-231-1035emily.riley@radian.biz
Radian (NYSE:RDN)
Historical Stock Chart
From Apr 2024 to May 2024
Radian (NYSE:RDN)
Historical Stock Chart
From May 2023 to May 2024