![]() These days, mortgage lending is no game, but with the right knowledge and proper strategy, you can beat the competition in finding ways to win new business and serve members. Top-rated by Moody’s and Standard & Poor’s, AMGC offers true Day One rescission relief and coverage for a wide range of mortgages. In this fast-paced and fun segment, the pair play their way through the real-time outlook for housing, mortgage markets, actions by the Fed, and tremors in the broader economy. Arch Mortgage Guaranty Company (AMGC) was created as an MI solution for portfolio lending that helps community banks reduce their risk exposure and explore origination opportunities. That strategy is best summed up by the old golf adage, “You have to try hard not to try hard.” Join ACUMA President Peter Benjamin, CMB, and mortgage industry expert – and former pro golfer – Bill Bodnar, Chief Revenue Officer for Tabrasa LLC, and Chief Market Analyst for the Mortgage Market Guide, as they examine current market data as a way to up your credit union’s mortgage lending game.īill taps into market data regularly to provide lenders nationwide with trend information designed to build not only credit union portfolios but also improve their games under any conditions. There is a certain amount of finesse required when it comes to understanding and effectively using the data to reach the hole and improve your score for success. Constant innovation makes RateStar relevant to loan officers, who are competing for every loan and need a dynamic MI pricing solution with the flexibility and precision to differentiate them in the marketplace.Staying on course in the mortgage market requires vigorous attention to detail, and an unhurried swing to make the right decisions at the right times and for the right reasons. RateStar is the leading risk-based MI pricing solution, ensuring you receive our most competitive rates for your borrowers loan. We have the agility and resources to support ceding. We provide a sound, flexible market for large lines on selected property, casualty, specialty and multi-line reinsurance contracts. “Fortunately, we have both the in-house expertise and experience to ensure the tool evolves as conditions change. was formed in 2001 and today boasts an experienced management team, industry-leading underwriting talent and substantial capacity. “Arch MI has led the way with our risk-based MI pricing solution, and we’ll continue to identify opportunities to enhance and expand RateStar’s capabilities,” Schmeiser said. It’s also available on most industry loan origination systems and pricing engines, as well as through Arch MI’s origination platform, CONNECT, and its downloadable mobile app. The new RateStar portal has a unique URL, ( for credit unions). RateStar provides a streamlined, uncluttered customer experience with design enhancements based on lender preferences.” Users have a full range of MI pricing options to choose from. Learn about the RateStar Buydown option on Arch MIs Premium Plans and the debt-to-income (DTI) ratio limit for insuring loans with Arch MI. “It offers an express rate quote option that returns rate quotes faster and requires far fewer fields. Entering 2021, loan originators will undoubtedly face new challenges that require flexibility and innovative. ![]() The 2020 housing market exceeded all expectations. Find out how your RateStar quote is automatically guaranteed under our 90-Day Promise. “Now we’re taking RateStar to the next level with our new portal,” he continued. The 90-Day Promise from Arch MI’s RateStar. “RateStar transformed the way lenders selected coverage, delivering our most competitive rates for each loan, and RateStar Buydown made it possible for them to tailor MI premiums according to individual borrower circumstances.” “RateStar continues to evolve as we apply our decade of expertise and customer feedback,” said Michael Schmeiser, Arch MI’s President and CEO. RateStar Buydown allows loan officers to customize a unique MI premium payment for each borrower, leveraging all lender and seller credits. RateStar is also the only MI pricing tool that currently has an MI buydown feature. RateStar launched 10 years ago as a dynamic tool that could evaluate individual loan risk precisely. This next generation of Arch MI’s RateStar user portal delivers a streamlined customer experience with express quotes and options to fully customize quotes. Arch Mortgage Insurance Company (Arch MI), a provider of private mortgage insurance (MI) and a wholly owned subsidiary of Arch Capital Group Ltd., announced the release of an update to their premium pricing tool, RateStar. Arch Mortgage Insurance Company and RateStar are registered marks and RateStar Buydown is a service mark of Arch Capital Group (U.S.) Inc.
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