Le Lézard
Classified in: Science and technology, Business
Subjects: PDT, LIC

MortgageHippo Picks Matic for Integrated Homeowner's Insurance That Helps Lenders and Consumers Save Money


SHERMAN OAKS, Calif., April 3, 2018 /PRNewswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced the availability of its one-click "get quote" button within MortgageHippo, a cloud-based digital mortgage platform that guides consumers through a modern, lender-branded borrowing experience.

By integrating with Matic, MortgageHippo makes it easy for borrowers to secure the homeowner's insurance required for a residential mortgage loan closing at a competitive price. Matic uses loan and property data furnished by MortgageHippo to determine precisely how much coverage is needed, then scans the market to compare policies from multiple top-rated carriers.

"Consumers want suitable homeowner's insurance at a fair price ? but comparison shopping is difficult and time-consuming," said Ben Madick, COO of Matic. "Meanwhile, it takes loan processors about an hour of effort and a day or two in turnaround time per loan to verify a policy and update the closing disclosure. Matic eliminates the pain on both sides of the equation. Borrowers get a great policy at a great price, and lenders improve their bottom line by compressing a two-day process into two minutes."

"Matic delivers an exceptional consumer experience and gives mortgage lenders a real edge when it comes to lending efficiency and borrower conversion," said Valentin Saportas, CEO of MortgageHippo. "We're proud to partner with a company that exemplifies MortgageHippo's commitment to helping top-producing loan teams future-proof their organizations with early access to the best tech solutions in today's market."

MortgageHippo customers who are interested in enabling Matic can reach out to their account manager to turn on the integration.

About Matic
Matic is a technology-driven insurance agency focused on helping lenders and loan officers better integrate homeowner's insurance into the lending process. By using loan application information and first-of-its-kind technology, Matic provides homebuyers multiple policy options within seconds, helping loan officers close their loans faster. Matic delivers the most trusted, affordable insurance policies available thanks to its partnerships with a diverse network of insurance carriers. Today's borrowers expect a digital home-buying experience, and Matic gives them the digital insurance experience to match. For more information, visit http://matic.com or follow Matic on LinkedIn.

About MortgageHippo
MortgageHippo works with lenders to devise and implement their digital mortgage strategies using its borrower-centric digital lending platform. The MortgageHippo platform allows lenders to deliver a modern borrowing experience, improve borrower conversions, significantly reduce origination costs and integrate with other innovative technologies. MortgageHippo's platform is fully customizable to lender preferences and configurable to lenders' workflows and processes. For more, visit https://www.mortgagehippo.com.

*LOGO for Media: Send2Press.com/300dpi/17-0921s2p-matic-insurance-300dpi.jpg

This release was issued through Send2Press®, a unit of Neotrope®. For more information, visit Send2Press Newswire at https://www.Send2Press.com  

 

SOURCE Matic


These press releases may also interest you

at 18:45
Lophos Holdings Inc. ("Lophos" or the "Company") is pleased to announce all matters presented for approval at the annual general meeting of the shareholders of the Company held earlier today March 28, 2024 (the "Meeting") have been approved. A total...

at 18:45
Pomerantz LLP is investigating claims on behalf of investors of Li Auto Inc. ("Li Auto" or the "Company") . Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980....

at 18:40
Liberty Gold Corp. ("Liberty Gold" or the "Company"), is pleased to announce its financial and operating results for the fiscal year ended December 31, 2023. All amounts are presented in United States dollars unless otherwise stated. 2023 AND...

at 18:39
iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") , which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the fourth quarter and year-ended December 31,...

at 18:35
McorpCX, a leading customer and employee experience consultancy, and CX capabilities builder driving greater customer centricity since its founding in 2002, today announced the acquisition of UK-based myCXvision, a customer experience management...

at 18:17
GERDAU S.A. hereby announces that the Form 20-F related to the fiscal year ended December 31, 2023 was filed with the U.S. Securities and Exchange Commission (SEC) at http://sec.gov and with the Securities and Exchange Commission of Brazil (CVM) at...



News published on and distributed by: