RDN Radian Group Inc

Radian Streamlines MI Ordering Process with Dynatek's MORvision(TM) Plug-In Partner Network PHILADELPHIA, March 30 /PRNewswire-FirstCall/ -- Radian Guaranty Inc., a leading provider of mortgage insurance products and services and subsidiary of global credit enhancement provider Radian Group Inc. (NYSE:RDN), today announced the release of a plug-in for MI Online(R), the company's web-based mortgage insurance ordering system, for users of MORvision, a powerful loan origination system from Dynatek Inc. This plug-in is part of Radian's on-going effort to improve its clients' MI ordering experience through innovative technologies. Radian has already integrated MI Online's capabilities with some of the leading loan origination systems available to lenders. MORvision is designed to automate the loan generation process, from origination and underwriting to closing, secondary tracking and delivery. Radian's MI Online is designed to offer lenders an efficient, cost-effective way to order and service mortgage insurance. Through this integration, lenders using MORvision will get a faster MI decision at the point of sale. Users can connect directly to MI Online through a plug-in that can be downloaded from Dynatek's Plug-In Partner Network Web site. Once connected to MI Online, lenders can quickly submit data to receive MI commitments, retrieve, update and resubmit applications for revised commitments, and perform inquiry and servicing transactions. "We've always focused on providing a comprehensive mix of technologies that enable our customers to conduct business more effectively and profitably," said Doug Rossbach, senior vice president of Radian's Strategic Initiatives group. "Our partnership with Dynatek and plug-in with MORvision are natural extensions of those efforts. Dynatek has built a strong reputation of excellence in loan origination systems, and we're pleased to be working with them to provide superior service to the lending community." Since establishing MI Online in 2000, Radian has continuously offered additional capabilities that enable mortgage lenders to enhance their business processes. About Radian Guaranty Inc. Radian Guaranty Inc. is the mortgage insurance subsidiary of Radian Group Inc. (NYSE:RDN), a global credit enhancement company headquartered in Philadelphia. Radian Guaranty provides risk management products and services to mortgage lenders nationwide; these services increase opportunities for people to buy homes with little or no downpayment, protect lenders from default-related losses on residential first mortgages and facilitate the sale of low-downpayment mortgages in the secondary market. Additional information may be found at http://www.radian.biz/. DATASOURCE: Radian Guaranty Inc. CONTACT: David Cheung of Radian Guaranty Inc., +1-215-231-1362, Web site: http://www.radian.biz/

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