Headquartered in San Francisco, California, the company was founded by early Blend employees Mike Yu and Devon Yang in 2020. The platform provides lenders with a modern system of record and customizable workflows for an end-to-end mortgage loan fulfillment process. Vesta is a SaaS provider of mortgage loan origination software. Arch MI’s flagship mortgage insurer, Arch Mortgage Insurance Company, is licensed to write mortgage insurance in all 50 states, the District of Columbia and Puerto Rico. Headquartered in Greensboro, North Carolina, Arch MI’s mission is to protect lenders against credit risk, while extending the possibility of responsible homeownership to qualified borrowers. mortgage insurance operation, Arch MI, is a leading provider of private insurance covering mortgage credit risk. We are committed to bringing technology solutions to the marketplace that improve lender efficiency and accuracy.”Īccording to Mike Yu, Vesta CEO, "Ordering mortgage insurance remains a critical piece of the loan origination puzzle, and we are thrilled to be able to partner with Arch MI to offer a first-class, natively built integration to make quoting and ordering a quick, easy and ultra-efficient process for our lenders."Īrch Capital Group Ltd.’s U.S. The integration provides Vesta with a streamlined process for ordering MI quotes and delegated MI without leaving the Vesta LOS. “We are proud to partner with Vesta to provide direct access to Arch MI RateStar® for our most competitive rates and to automatically lock in your quote with our 90-day promise. “Arch MI's newly-launched integration with Vesta LOS delivers a seamless ordering experience for our mutual customers, while also increasing accuracy and reducing costs,” said Will Vickers, Arch MI’s Vice President of Industry Technology. GREENSBORO, N.C.-( BUSINESS WIRE)-Arch Mortgage Insurance Company (“Arch MI”), a leading provider of private mortgage insurance (MI) and a wholly owned subsidiary of Arch Capital Group Ltd., and Vesta, a next-generation loan origination system (LOS) and software-as-a-service company, launched a new integration providing customers with direct access to Arch MI’s industry-leading products and pricing tools.
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