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09/08/2016

Radian Enhances Integration with Ellie Mae’s Encompass® Mortgage Management Solution

Partnership enables lenders to access Radian’s services through all-in-one mortgage management solution

PHILADELPHIA--(BUSINESS WIRE)--Sep. 8, 2016-- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), now offers Radian MI for non-delegated data and document submission through a direct integration with the Ellie Mae’s Encompass® all-in-one mortgage management solution. The seamless integration allows lenders to access Radian’s solutions directly through Encompass to drive quality and efficiency in the loan origination process.

This integration allows Radian MI to be offered for non-delegated loans directly through Encompass. The integration will streamline the loan origination process for both Radian and Ellie Mae customers, by allowing them to order Radian MI for non-delegated loans, upload loan documents and get real time rate quotes directly via one simple process.

Ellie Mae is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s Encompass all-in-one mortgage management solution provides one system of record that enables banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency.

“At Radian, we are always working to accomplish one of our top priorities – making it easier than ever to do business with us,” said Brien McMahon, Radian's chief franchise officer and head of sales. “Our secure, seamless integration with Encompass enables our clients to simplify the process of ordering our products and services, so they can more efficiently process mortgage loans and grow their business. We look forward to a long, successful relationship with Ellie Mae.”

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-down payment mortgages in the secondary market and enables homebuyers to purchase homes more quickly with down payments 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.com.

Source: Radian Group Inc.

Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com