MGIC Investment Corp. (MTG)

[tommiegun54]

MGIC Announces New Integration with ELLIE MAE'S TQL

MGIC ANNOUNCES CLOUD PROGRAM PARTNERSHIP WITH ELLIE MAE. ELLIE MAE processes 35% of UNITED states mortgages.

MILWAUKEE, Nov. 14, 2018 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC) (NYSE: MTG), the nation's first private mortgage insurer, and Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, announced today the availability of MGIC Rates, Delegated MI, Non-Delegated MI, and Contract Underwriting through Ellie Mae's Total Quality Loan (TQL)® Program.

MGIC mortgage insurance services are now part of Ellie Mae Total Quality Loan (TQL). TQL provides an enhanced MGIC integration that equips our customers with the ability to streamline their rate quote and ordering processes through automation while monitoring key data changes, alerting users of when to re-order a rate quote or MI certificate and driving faster processing times. The new service also offers increased visibility into order history and helps to ensure that data is accurate, organized and securely transmitted.