MGIC Mortgage Insurance Now Accessible through LoanSifter

          MGIC Mortgage Insurance Now Accessible through LoanSifter

Integration allows lenders to get quotes from leading mortgage insurance
provider from within LoanSifter's pricing platform, further streamlining the
origination process

PR Newswire

MILWAUKEE, March 14, 2013

MILWAUKEE, March 14, 2013 /PRNewswire/ --Mortgage Guaranty Insurance
Corporation (MGIC), the nation's largest private mortgage insurer, announced
today the availability of MGIC mortgage insurance rates and eligibility to
lenders through LoanSifter, the leading provider of product eligibility and
pricing solutions for the mortgage banking industry.

The MISMO-based integration allows LoanSifter users to seamlessly check MGIC's
pricing and eligibility without having to leave LoanSifter's Best Execution MI
Pricing Platform, which is automatically triggered when a loan scenario
exceeds 80% loan-to-value (LTV). This fully automated two-way exchange of data
provides mortgage lenders with a more efficient and accurate lending process,
allowing them to close loans faster and achieve higher profits. The
integration builds upon an earlier partnership.

"Seamless access to MGIC's loan eligibility and competitive mortgage insurance
rates through LoanSifter enables our customers to more effectively streamline
their loan origination processes," said Sal Miosi, vice president of marketing
at MGIC. "MGIC's partnership with LoanSifter represents our dedication to
providing customers with easy access to our mortgage insurance programs."

"At LoanSifter we are thrilled to expand our relationship with MGIC," said
Bruce Backer, president of LoanSifter. "The ability for lenders to quote
mortgage insurance accurately and in real-time is becoming increasingly
critical during the origination process in order to satisfy ever-growing
compliance needs and borrower expectations. Our customer base now has instant
access to MGIC's loan eligibility and rates, alongside their product
eligibility and pricing."

"American Financial Resources is excited about this important integration,"
said Corey Dubnoff, president of American Financial Resources, Inc., a
LoanSifter customer. "Having the ability to check mortgage insurance rates
through MGIC within LoanSifter will not only help us respond to customers with
a quick, clear and concise mortgage insurance quote, but will also streamline
our overall pricing process while helping us stay compliant."

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation,
is the nation's largest private mortgage insurer as measured by $162.1 billion
primary insurance in force covering 1.0 million mortgages as of December 31,
2012. MGIC serves lenders throughout the United States, Puerto Rico, and
other locations helping families achieve homeownership sooner by making
affordable low-down payment mortgages a reality.

About LoanSifter, Inc.

LoanSifter, Inc. provides the mortgage banking industry's most comprehensive
platform for mortgage bankers, brokers, credit unions and banks to maintain
compliance through the accurate pricing, marketing and management of mortgage
loans. LoanSifter is also the leader in delivering production tools to
lenders, including its eOriginations consumer online point-of-sale (POS)
platform, email campaigns, rate alerts and automated quoting for Bankrate,
LendingTree and Zillow. LoanSifter boasts nearly 1,000 clients, supports
content for over 160 investors, and has the market's most comprehensive
integrations with leading loan origination systems (LOS), mortgage insurance
companies and hedge advisory companies. For more information about LoanSifter,
please visit www.LoanSifter.com.

SOURCE MGIC Investment Corporation

Website: http://www.mgic.com
Contact: For MGIC, Katie Monfre, (414) 347-2650, Katie_monfre@mgic.com, or For
LoanSifter, Warren Lutz, Strategic Vantage Marketing & Public Relations, (925)
270-3941, WarrenLutz@StrategicVantage.com
 
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