Radian Mortgage Insurance Now Available Through Vesta
August 22 2023 - 5:30AM
Business Wire
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of
Radian Group Inc. (NYSE:RDN), announced today that Radian MI is now
available through Vesta's Loan Origination System (LOS).
“Radian is dedicated to providing highly effective and efficient
MI solutions to borrowers throughout the country, and we are
pleased to expand the reach of our offerings through this
partnership,” said Brien McMahon, chief franchise officer at
Radian. “By joining together with Vesta, we will be able to help
even more people achieve the American dream of homeownership.”
Vesta's LOS platform will significantly enhance the borrower
experience as it empowers Radian customers to receive a Radian rate
quote instantly through its seamless interface, which provides
access to Radian MI rates and products.
“We are excited to partner with Radian to further enhance our
mortgage insurance capabilities and enable a more fully digital
mortgage experience,” said Mike Yu, CEO of Vesta. “We look forward
to working with them and our mutual customers to provide
best-in-class solutions and support.”
ABOUT RADIAN
Radian Group Inc. (NYSE: RDN) is ensuring the American dream of
homeownership responsibly and sustainably through products and
services that include industry-leading mortgage insurance and a
comprehensive suite of mortgage, risk, title, valuation, asset
management and other real estate services. We are powered by
technology, informed by data and driven to deliver new and better
ways to transact and manage risk. Visit radian.com and
homegenius.com to learn more about how Radian and its pioneering
homegenius platform are building a smarter future for mortgage and
real estate services.
ABOUT VESTA
Vesta is a SaaS provider of mortgage loan origination software.
The platform provides lenders with a modern system of record,
customizable workflows for end-to-end mortgage loan fulfillment
processes, and open, cloud-based APIs. The company was founded in
2020 by early Blend employees Mike Yu and Devon Yang. Investors
backing Vesta include Andreessen Horowitz, Bain Capital Ventures,
Conversion Capital, Index Ventures and Zigg Capital. For more
information, visit: www.usevesta.com or Vesta’s LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20230822611507/en/
For Investors: John Damian - Phone: 215.231.1383 email:
john.damian@radian.com
For the Media: Rashi Iyer - Phone 215.231.1167 email:
rashi.iyer@radian.com
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