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Arch MI Announces Updated Integration with Byte Software's ByteProArch 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 an updated integration with Byte Software's BytePro Loan Origination Software (LOS). With this newly designed integration, users have direct access to Arch MI RateStar® - the only risk-based pricing solution in the industry - without leaving the BytePro LOS. "Arch MI's newly-updated integration on the BytePro LOS delivers a modern ordering experience for our mutual customers," said Chris Hovey, Arch MI's Executive Vice President and Chief Operating Officer. "We are committed to bringing technology solutions to the marketplace that improve lender efficiency and accuracy, and this new integration on the BytePro LOS will help lenders close more loans with RateStar? - Arch MI's most dynamic rate program." RateStar matches Arch MI's most competitive MI rates more precisely to individual loan risk. With the press of a button, BytePro users can now generate RateStar pricing, then view side-by-side comparisons of multiple live Arch MI products and rates. In addition, originators can select and order the best delegated and non-delegated MI options for their borrowers. Order results are returned in seconds and upated automatically in BytePro to ensure accuracy. "Working with an industry leader such as Arch MI is a huge opportunity for Byte and for BytePro users," said Mark Todd, Byte Software's National Sales and Client Services Manager. "Our mutual clients rely on this platform to secure the best options for their borrowers and our integration will provide fast and accurate results." About Arch MI Arch Capital Group Ltd.'s U.S. 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. About Byte Software Company Profile Since 1985 Byte Software has delighted its clients with innovative products that provide unprecedented control over the loan manufacturing process and enhance the customer experience. The BytePro platform is trusted by over a thousand banks, credit unions, mortgage bankers and brokers to efficiently move loans from application to secondary loan sale. Contact Byte Software at 800-695-1008 or www.bytesoftware.com. MCUS-B0442-1117 View source version on businesswire.com: http://www.businesswire.com/news/home/20171211005158/en/ |
