Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE:MTG), announced today that it is integrated with Vesta, a modern mortgage loan origination system (LOS) and software-as-a-service company. With this partnership, lenders using the Vesta platform will be able to seamlessly, and in real time, request quotes and order private mortgage insurance (MI) from MGIC without leaving the Vesta LOS.
“Small operational efficiencies can quickly add up to create notable time and cost savings, critical focuses for any lender in today’s environment. We’re excited to work with MGIC to deliver a straightforward and modern quoting and ordering experience,” said Mike Yu, Vesta CEO.
“At MGIC, we understand that our customers benefit from having mortgage insurance readily available when and where they need it,” said Leslie Bensen, Director, Partner Solutions at MGIC. “We are thrilled to offer MGIC’s customers access to our MI products through Vesta LOS.”