MGIC’s mortgage insurance quotes are now available through Compass Analytics' product, pricing, and eligibility engine, CompassPPE.

Through this technology integration in CompassPPE, loan originators can select mortgage insurance products and request rate quotes without leaving the platform. This automation brings real-time mortgage insurance quotes to the point-of-sale, improving the borrower's experience because it optimizes pricing speed and accuracy.

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This partnership was undertaken to provide seamless end-to-end mortgage pricing from point-of-sale through origination to capital markets.

"Our technology allows lenders to put accurate, granular pricing tools in the hands of loan originators so that they can help clients make well-informed decisions about one of the biggest investments of their lives,” said Nancy Pollard, managing director of pricing technologies at Compass.

The aim was to employ tools for quicker, more accurate mortgage pricing to the consumer.

"Whether lenders choose to use MGIC's new MiQ rates or traditional rate card rates, our integration with Compass Analytics will ensure quick, easy access," said Margaret Crowley, vice president of marketing and customer experience at MGIC.