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MGIC Unveils New Time Saver.(Mortgage Guaranty Insurance Corp.)(Brief Article)
Mortgage Guaranty Insurance Corp. has released a second version of its online mortgage insurance ordering tool, MI on the Web.
The company said the new version makes it faster and easier to order MGIC mortgage insurance and facilitates more automated insurance approvals.
Version two of the program has been enhanced to include just three screens: a main menu, an MI application and a loan manager. Mortgage insurance decisions typically take less than one minute, MGIC said.
The company also said the new version includes default settings that enable users to forgo data entry that is repetitive from loan to loan. The help screens include more instruction, and the data entry page includes a more sophisticated method for catching data entry errors.
"We've improved MI on the Web to reduce the time needed to process and approve an ...
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Source: HighBeam Research, MGIC Unveils New Time Saver.(Mortgage Guaranty Insurance Corp.)(Brief...