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Stock impact report

OpenClose and MGIC Announce Technology Integration Partnership

MGIC Investment Corporation (MTG) 
Last mgic investment corporation earnings: 2/4 06:45 am Check Earnings Report
US:NYSE Investor Relations: mtg.mgic.com/investor-overview
Company Research Source: PR Newswire
MILWAUKEE, Oct. 15, 2019 /PRNewswire/ -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, and Mortgage Guaranty Insurance Corporation (MGIC), the nation's first private mortgage insurer, jointly announced today the availability of MGIC's rate quote and mortgage insurance workflows for both delegated and non-delegated MI, through the OpenClose LenderAssist™ LOS.Through this MISMO-based integration, our mutual customers can order MGIC rate quotes and delegated MI or non-delegated MI certificates directly from within the LenderAssist LOS. The service includes access to MGIC's recently introduced risk-based pricing model - MiQ. This integration enhances the LenderAssist™ LOS by driving efficiency and accuracy within the mortgage insurance ordering process for mutual customers of MGIC and OpenClose. "Developing tight integrations with our vendor partners that provide our customers immediate access to services from within the Show less Read more
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