Essent Guaranty and Mortgage Builder Announce Web Portal Integration and Streamlined Workflow

RADNOR, Pa. and SOUTHFIELD, Mich., July 31, 2013 /PRNewswire/ -- Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI), and Mortgage Builder Software, Inc., a leader in end-to-end residential lending software, announced today the availability of Essent MI through Architect, Mortgage Builder's award-winning loan origination solution.

Mortgage Builder offers a comprehensive lender platform which also enables lenders to access Essent MI coverage, including having the option of receiving an Essent rate quote or a commitment by completing a simple form and submitting to Essent – all through one screen.

"Mortgage Builder's Architect platform is another benefit for our lenders and increases the ease of doing business with Essent," said Bill Kaiser, Essent's chief operations officer. "Our customers will benefit from Mortgage Builder's easy and intuitive work flow, whether they are ordering MI, verifying MI loan eligibility, or pricing a loan."

"Mortgage Builder is excited to offer Essent as a mortgage insurance option to our clients," said Keven Smith, president and CEO of Mortgage Builder.  "We strive to offer our clients as many options as we can as they serve their borrowers' needs, including those families requiring the help of mortgage insurers like Essent to make home ownership a reality."  

About Essent

Essent Guaranty, Inc. is a member of the Essent Group Ltd. family of companies, which offers private mortgage insurance and reinsurance for single-family mortgage loans in the United States. Essent's mission is to serve the housing finance industry by providing private capital to bear mortgage credit risk for lenders and investors, enabling them to make safe and affordable mortgage financing available for homeowners.

Backed by a premier group of investors, Essent Guaranty is a well-established, growing and financially strong company serving the expanding private mortgage insurance market. Headquartered in Radnor, Pennsylvania, with operations centers in Winston-Salem, North Carolina and Irvine, California, Essent is licensed to write mortgage insurance in all 50 states and the District of Columbia, and is approved by Fannie Mae and Freddie Mac. Additional information may be found at www.essent.us.

About Mortgage Builder

Southfield, Michigan-based Mortgage Builder Software, Inc. has been providing industry-leading loan origination software (LOS) to mortgage banks, community banks, credit unions and other financial institutions since 1998.  Mortgage Builder was the first LOS to provide its full capabilities in Application Service Provider (ASP) form, as Software as a Service (SaaS), in the traditional licensed, server-based configuration and now in a fully browser based environment, providing complete flexibility to suit all clients' business models.  Architect by Mortgage Builder™ is an end-to-end, "everything's integrated" lending solution for retail, wholesale and correspondent mortgage production channels, automating origination, closing, post-closing and delivery, as well as tracking and reporting functions.  Essential enhancements like pricing and product eligibility (PPE), electronic document management (EDM) and electronic loan delivery functionality are built-in and available on demand, while compliant loan documents are provided at no additional cost.  Colonnade by Mortgage Builder offers a complete loan servicing system (LSS) that is scalable and fully featured, ideal for mid-sized and larger loan servicers.  The company has been named by Mortgage Technology Magazine as one of the industry's Top 50 Service Providers for the seventh consecutive year, and was the winner of the magazine's prestigious Help Desk Award for outstanding customer service and the industry's best technical support.   Visit www.MortgageBuilder.com.

SOURCE Essent Guaranty, Inc.