Customers on the go can use our mobile app to access RateStar whenever, wherever they want.It’s conveniently accessible from our homepage at and our origination platform, ArchMIConnect.It’s integrated with all major industry LOS and pricing engines for banks, community banks and Credit Unions.RateStar can be accessed anytime, anywhere. How do Arch MI customers access RateStar?Ī. Importantly, RateStar requires little to no process change for lenders, and is supported by Arch MI’s superior, personalized customer service teams. RateStar uses the same data attributes found in traditional rate sheets and finely tunes our model to find unique combinations as well as ranges of difference within those attributes on which to price. RateStar is a risk-based pricing model that dynamically assesses a unique combination of loan characteristics and risk factors to determine the most complete and precise MI premium rate for each loan. RateStar goes well beyond traditional rate sheets to provide competitive MI premium rates.Ī. RateStar evaluates a variety of loan and borrower characteristics to determine an appropriate premium rate tied directly to the risk of the loan so that Arch MI can provide the most complete and precise rate. Today, we continue down the path of innovation and product development with the introduction of Arch MI RateStar – our new risk-based model for pricing mortgage insurance (MI) coverage. Arch MI also released the most comprehensive training toolkit of any MI company for the TILA-RESPA Integrated Disclosure (TRID) rules. Arch MI developed the MI industry’s only community banking program, designed to help community banks grow their mortgage lending base. Arch MI was the first and only MI company to offer Portfolio Power – the most secure mortgage insurance created exclusively for portfolio lenders. Since its inception, Arch MI has encouraged its customers to expect more from mortgage insurance (MI) providers as we established our reputation for new and innovative product offerings. In the latest installment, we sit down with David Gansberg, president and CEO of Arch MI, to talk about the company's new risk-based model for pricing mortgage insurance coverage.Ī. Executive Conversations is a HousingWire web series that profiles powerful people in the financial industry, highlighting the operations and the people that make this sector tick.
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