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PCLender.com integrates with PMI CMG MI
HONOLULU (10/3/08)--PCLender.com, a web-based software and services solutions provider for financial institutions, integrated its in-house mortgage enterprise lending platform with the PMI Group and CMG Mortgage Insurance Co. The integration will allow a complete transfer of required data from an origination platform directly into an insurer’s rate quote and application portals, eliminating the need to re-key information. It also allows clients to obtain “an exact rate quote for mortgage insurance that can be used for their disclosures prior to ordering mortgage insurance,” said Scott Romesburg, CMG Mortgage Insurance Co.’s director of information technology. CMG Mortgage Insurance Co. is a joint venture between CUNA Mutual Investment Corp. and PMI Mortgage Insurance Company. The company provides private mortgage guaranty insurance to protect credit unions against losses in borrower default. PMI Mortgage Insurance Co. provides residential mortgage insurance to mortgage lenders nationwide.


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