Master Policy Application

Master Policy, Delegated Authority and Early Validation Confident Coverage Application

Note - Required items have an asterisk next to them.

Please check all request types that apply*

Master Policy

Delegated Authority

Early Validation Confident Coverage

Institution Type*

Other description*

General Information

Radian Client ID

Lender Name*

DBA

Street Address*

P.O. Box

City*

State*

Zip Code*

Pricing Engine/LOS (if applicable)

Publicly Traded*

Stock Ticker*

Servicing Information

Same Address as Lender?

Servicer Name*

Servicer DBA

Street Address*

City*

State*

Zip Code*

Principal Place of Business Information (NMLS Street Address)

Same Address as Lender?

Street Address*

City*

State*

Zip Code*

Does any individual own 50% or more of the applicant company through direct or indirect ownership?*

*Note: With respect to indirect ownership, Radian means any individual who owns a stake in the applicant company through other companies in which the individual owns a 50% or greater stake.

Please provide the name of the individual that owns 50% or more of the applicant company.

Please enter the names of the individuals who own the three largest percentage stakes in the applicant company, either directly or indirectly.

Principals - Please list the principals of your organization

Principal 1

Title*

First Name*

Last Name*

Email*

Principal 2

Title

First Name

Last Name

Principal 3

Title

First Name

Last Name

Principal 4

Title*

First Name*

Last Name*

Email*

Principal 5

Title

First Name

Last Name

Principal 6

Title

First Name

Last Name

Confident Coverage Contact

Title*

First Name*

Last Name*

Email*

Electronic Billing (E-Bill) Contacts -

Contacts will receive an email on the first business day of each month, notifying that their bill is available in MI Online.

Contact 1

First Name*

Last Name*

Email*

Phone*

Title*

Street Address*

City*

State*

Zip Code*

Contact 2

First Name*

Last Name*

Email*

Phone*

Title*

Street Address*

City*

State*

Zip Code*

Contact 3

First Name

Last Name

Phone

Title

Street Address

City

State

Zip Code

Please list any prior company names including DBA's

Company 1

Name

Address

Phone

Company 2

Name

Address

Phone

Company 3

Name

Address

Phone

Operational Information/Certifications

As per the Private Mortgage Insurer Eligibility Requirements (PMIERs) issued by the GSEs, Radian is required to verify the operational capabilities of all entities it conducts business with. Radian may request Policies and Procedures to verify the following.

Underwriting

Staff Underwriter(s) - Average number years of experience (if applicable).*

Number of years*

Do you use an Automated Underwriting System (AUS)?*

Yes

LPA

Proprietary

Third Party Origination

Do you currently have a Third Party (Broker/ Correspondent) Origination Channel?*

Yes

- If yes, do you maintain and comply with policies and procedures for the approval and monitoring of Third Party Originators?*

Yes

Appraisal Management & Monitoring

Do you utilize an appraisal management company?*

Yes

Do you maintain and comply with policies and procedures for the approval and oversight of Appraisal Services?*

Yes

Quality Control

Do you have a documented Quality Control Policy and Procedures that address the following?

Pre-Funding Quality Control

Post-Closing Quality Control

Fraud Risk Management

Fraud Prevention Controls

Do you utilize any third party Fraud Prevention tools prior to closing to ensure accuracy and validity of loan application data and loan documentation?*

Yes

YES - Provide the Company Name(s) and Fraud Tool(s) you currently subscribe to.

Company Name*

Fraud Tool Utilized*

Company Name

Fraud Tool Utilized

Company Name

Fraud Tool Utilized

No - Describe how you ensure accuracy and validity of loan application data and loan documentation prior to closing (i.e., red flag checklists, employee training on fraud detection, procedures to address fraud alerts and concerns). Supporting documents/procedures may be requested.*

Are Post-Closing Quality Control reviews completed on a regular basis?*

Yes, conducted internally

Yes, outsourced to QC Vendor

QC Vendor Name*

Describe how Quality Control is monitored and managed. Supporting documents/procedures may be requested.*

GSE/Industry Best Practices

Do you apply GSE/Industry best practices to the policies and procedures listed above?*

Yes

Request submitted from a Radian Sales Representative

Authorized Submitting Representative

Title

First Name*

Last Name*

Email*

Phone*

Full Name of Radian Salesperson

The following information was received and input by a Radian Sales Representative

Radian Salesperson

Full Name of Radian Salesperson*

Email*

Industry Identifiers

(if applicable)

Fannie Mae Seller Servicer Number

Freddie Mac Seller Servicer Number

FDIC Number

FHA Number

NMLS Number

NCUA Number

Comments

FINAL DISCLAIMER

By clicking the “submit” button, I represent to Radian Guaranty Inc. that I am an authorized officer of the entity submitting this application or I am a Radian representative duly authorized to submit this application on behalf of the entity. If Delegated Authority or Early Validation Confident Coverage was selected as part of this application, the entity submitting the application agrees that it has read and understood the terms and conditions of these programs as outlined in Radian’s Origination & Servicing Guide.

Submission of this application does not constitute approval for a Master Policy with Radian or any Master Policy program. Additional information may be requested. If approved, the listed entity contact(s) will receive a welcome email with further information and will automatically be enrolled to receive Radian’s RADAR® Rates (if available in the applicable state).