GREENSBORO, N.C.--(BUSINESS WIRE)--Apr. 16, 2018--
Arch Mortgage Insurance Company (“Arch MI”), a leading provider of
private mortgage insurance (MI) and a wholly owned subsidiary of Arch
Capital Group Ltd., today announced the completion of a new integration
with Mortech, a Zillow Group business providing mortgage technology
solutions to mortgage bankers and secondary market teams, for the
Marksman product and pricing engine (PPE).
All users of Mortech Marksman will now have immediate access to Arch MI
RateStar, the industry’s only true risk-based pricing solution, without
any initial setup requirements. Live RateStar quotes will also be
included in all best-execution mortgage insurance queries. For added
flexibility, RateStar will also be available through Mortech’s
Application Programming Interfaces (APIs).
“We are pleased to announce our successful partnership with Mortech,”
said Chris Hovey, Arch MI’s Executive Vice President and Chief Operating
Officer. “As the only MI company providing live MI quotes and
eligibility information to users of the Mortech Marksman platform, we
believe this integration will enhance their customer experience and
promote a smooth, efficient workflow. Arch MI is committed to bringing
our most accurate and competitive pricing to the platforms that our
customers use to price MI.”
“By partnering with Arch MI, we’re able to unify mortgage industry
vendors for more streamlined originations that empower both loan
officers and consumers with more information earlier in the homebuying
process,” said Doug Foral, General Manager of Mortech. “As consumers
become more comfortable with the concept of shopping for a mortgage
loan, those lenders that are readily able to provide the most accurate
and complete quotes for a better overall customer experience will have a
About Arch MI
Arch Capital Group Ltd.’s US mortgage insurance operation, Arch MI, is a
leading provider of private insurance covering mortgage credit risk.
Headquartered in Greensboro, North Carolina, Arch MI's mission is to
protect lenders against credit risk, while extending the possibility of
responsible homeownership to qualified borrowers. Arch MI’s flagship
mortgage insurer, Arch Mortgage Insurance Company, is licensed to write
mortgage insurance in all 50 states, the District of Columbia and Puerto
Rico. For more information, please visit archmi.com.
Arch MI RateStar is a registered mark of Arch Capital Group (U.S.) or
its affiliates. RateStar is a service mark of Arch Capital Group (U.S.)
or its affiliates.
Mortech supplies thousands of mortgage professionals with a number of
services and tools, such as all-in-one pricing, rate notification,
prospect management tools, custom rate sheets, loan product eligibility
and guideline services. Founded in 1987, Mortech is based in Lincoln,
Nebraska, and is owned and operated by Zillow Group, Inc. (NASDAQ:Z and
ZG). For more information, visit: http://www.mortech.com/.
Zillow, Mortech and Marksman are registered marks of Zillow, Inc.
© 2018 Arch Mortgage Insurance Company. All Rights Reserved. Arch MI is
a marketing term for Arch Mortgage Insurance Company and United Guaranty
Residential Insurance Company.
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Source: Arch Mortgage Insurance Company
Greg Hare, 336-333-0416
Ramona Redlingshafer, 415-849-1322
Sheridan, 402-441-4647 ext. 83561