MGIC Mortgage Insurance Now Available with Harland's Interlinq(R) E3(R)
November 16 2006 - 5:27PM
PR Newswire (US)
Integration offers Harland Financial Solutions Customers with
Benefit of Continuous Underwriting MILWAUKEE, Nov. 16
/PRNewswire-FirstCall/ -- Mortgage Guaranty Insurance Corporation
(MGIC) (NYSE:MTG) mortgage insurance (MI) now offers continuous
underwriting services to mortgage lenders that are using the
Interlinq(R) E3(R) enterprise mortgage lending solution from
Harland Financial Solutions. Harland Financial Solutions, Inc. is a
wholly owned subsidiary of John H. Harland Company (NYSE:JH). After
the initial underwriting request, MGIC will automatically update
the Interlinq E3 system as the status of the mortgage-insurance
request changes. "Our partnership with MGIC continues to broaden
the array of products and services integrated with E3 and further
streamlines the mortgage lending process for our lenders," said Joe
Filoseta, executive vice president, Harland Financial Solutions'
Mortgage Solutions Group. Interlinq E3, a Web-based loan production
platform, provides critical business process management,
integration and connectivity across the mortgage supply chain,
enabling lenders to integrate service providers into their business
process. "In Harland Financial Solutions, MGIC has found a partner
who shares our vision for a seamless mortgage lending process,"
said Patrick Sinks, president and chief operating officer, MGIC.
"Partnerships like this one increase the overall efficiency and
speed for lenders, which ultimately helps families achieve their
dream of homeownership faster." With the new integration, lenders
can quickly and easily submit data to receive MI commitments and
updates for both primary and pool requests. About MGIC Investment
Corporation MGIC ( http://www.mgic.com/ ), the principal subsidiary
of MGIC Investment Corporation, is the nation's leading provider of
private mortgage insurance coverage with $173.4 billion primary
insurance in force covering 1.3 million mortgages as of September
30, 2006. MGIC serves 5,000 lenders with locations across the
country and in Puerto Rico, helping families achieve homeownership
sooner by making affordable low-down-payment mortgages a reality.
About Harland Financial Solutions Harland Financial Solutions (
http://www.harlandfinancialsolutions.com/ ) supplies software and
services to thousands of financial institutions of all sizes,
offering its solutions in both an in-house and service bureau
environment. The company is a leader in core systems, item
processing, enterprise content management, branch automation,
customer relationship management, business intelligence,
origination and document solutions, risk management, compliance
training, financial accounting, open documents, mortgage solutions,
electronic funds transfer (EFT), self service solutions and
performance advisory services. About Harland Atlanta-based John H.
Harland Company (NYSE:JH) ( http://www.harland.net/ ) is listed on
the New York Stock Exchange under the symbol "JH." Harland is a
leading provider of software and printed products to the financial
institution market. Harland's software solutions include deposit
& loan origination, platform, teller, call-center, mortgage,
business intelligence, core systems and customer relationship
management systems. Harland's printed products offerings include
checks, direct marketing and financial forms. Scantron Corporation
( http://www.scantron.com/ ), a wholly owned subsidiary, is a
leading provider of software services and systems for the
collection, management and interpretation of data to the financial,
commercial and educational markets. DATASOURCE: Mortgage Guaranty
Insurance Corporation CONTACT: Media, Katie Monfre,
+1-414-347-2650, , or Investors, Michael J. Zimmerman,
+1-414-347-6596, , both of Mortgage Guaranty Insurance Corporation
Web site: http://www.harlandfinancialsolutions.com/
http://www.harland.net/ http://www.scantron.com/
http://www.mgic.com/
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