RealEC Exchange™
iSelectSM
Service Providers
Lenders/Originators


The RealEC ExchangeTM
Products & Services | Service Providers: Registration | Lenders/Originators: Registration

Mortgage Insurance Services
Product Name Description Code
'Rate and Eligibility ListingMortgage Insurance (MI) rate information and loan eligibility are obtained from multiple MI Carriers based upon client configurations. The full list of responses from the multiple MI Carriers are collected and provided back to the client in the response file. 726
CertificateAn insurance policy that protects lenders against loss if a borrower defaults. 470
Rate and Eligibility DirectMortgage Insurance (MI) rate information and loan eligibility are obtained from a single MI Carrier chosen by the customer via the Provider list on LUI, iSelect, or integration. 725
Rate and Eligibility ServiceMortgage Insurance (MI) rate information and loan eligibility are obtained from multiple MI Carriers based upon client configurations. The full list of responses from the multiple MI Carriers are collected and provided back to the client in the response file along with the MI Carrier that matched the client's allocation rules. 727
ResubmissionA subsequent request for mortgage insurance, which includes additional or updated information. 187
Products & Services Provided

•Appraisal
•Automated Valuations
•Business Credit
•Consumer Credit
•Document Signing
•Closing
•Flood Services
•Mortgage Insurance
•Tax Service
•Title
•Verification Services
•Construction Disbursement Service - (through Closing)

 

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