National MI’s Risk-Based Pricing Tool, Rate GPS, Now Available on FinConnect
The FinConnect intelligent data and services hub connects more than 120 product and service providers in the mortgage production cycle to provide lenders with a completely digital mortgage production experience. Over the past few months, Tavant and National MI collaborated to build new features within FinConnect’s private mortgage insurance rate connector that support risk-based mortgage insurance pricing.
As a result, lenders using FinConnect can now access Rate GPS, National MI’s risk-based pricing platform, which assesses a variety of loan characteristics to more closely align National MI’s premium rates to the risk associated with individual loans.
“National MI is very pleased that Rate GPS is now an option for lenders on the FinConnect platform, which gives lenders a seamless, digital experience when pricing mortgage insurance,” said
“National MI’s products and first-class technical talent have made them a perfect partner with which to work,” said
Tavant, a leading provider of technology products and solutions for the lending industry, has worked with National MI for six years. In 2015, National MI named Tavant a preferred technology provider.
About National MI
Vice President, Investor Relations and Treasury
Press Contact for Tavant
Source: NMI Holdings Inc