Items Tagged with 'Arch MI'

ARTICLES

  • “Alexa, get a RateStar quote"

    Arch MI’s Alexa Skill leverages the growing number of users as the market for voice technology continues to rise
    Amazon has transformed the dynamic of the average American household. Today, nearly 20% of Americans have access to a smart speaker and that number continues to grow. Amazon dominates the space with 61.9% market share and their Alexa, along with other smart voice devices, are becoming an integral part of our daily lives.
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  • From HW Magazine

    Unique Solutions: Arch MI's RateStar Buydown

    Allows lenders to customize a borrower's MI premium to an exact dollar amount
    Without a doubt, the biggest challenge for our clients is margins. Competitive pressure is one reason that mortgage insurance (MI) is now at the forefront of so many transactions — it can truly make a difference for the borrower. Arch MI created this unique new tool that’s similar to a rate buydown and allows you to customize your borrower’s MI premium to an exact dollar amount.
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  • Sponsored By
    Arch MI

    Arch MI provides first-time homebuyers with an affordable solution

    AMGC Community Program serves community heroes and community experts
    More than 11 million Americans now pay more than half their monthly income on housing, an increase of 30% over the past five years, according to the Monroe Group. High home prices and rising interest rates are fueling the affordable housing crisis, making it extremely difficult for first-time homebuyers.
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  • From HW Magazine

    2018 Rising Stars: Allan Voltz

    Senior Vice President of Pricing at Arch Mortgage Insurance
    Allan Volt, senior vice president at Arch MI, leads three key pricing functions: price point management, research and development and implementation and analytics. In his role, Voltz is responsible for Arch MI’s RateStar risk-based pricing solution and has worked to evolve RateStar during Arch MI’s acquisition and integration with United Guaranty (UGC) over the past year.
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  • Sponsored By
    Arch MI

    RateStar expands lenders' origination opportunities in a competitive market

    Will Vickers of Arch MI explains the benefits of the dynamic pricing engine
    With home prices across the country increasing and interest rates also on the rise, lenders are looking for ways to help borrowers afford homeownership. Arch MI RateStar is a dynamic MI pricing solution that expands lenders’ origination opportunities in a competitive market.
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  • From HW Magazine

    2018 HW Tech100 Winner: Arch MI

    RateStar's risk-based pricing measures loan-level risk
    Arch MI’s RateStar is the company’s risk-based pricing solution, which measures loan-level risk. Mortgage lenders that use RateStar can compete more effectively in the marketplace and offer eligible buyers more affordable mortgages. RateStar returns a rate quote after a few seconds, and only the lender’s NMLS number is needed to get started.
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  • Executive Conversation: David Gansberg on managing risk under the new DTI ratios

    Arch MI's RateStar continuously responds to changing variables for flexible underwriting
    The expanded DTI requirement has made home ownership opportunities more available for many potential buyers, especially as it applies to eligible loans with down payments as low as 3%. The risk represented by these loans has also increased. Studies have shown that the risk of default for borrowers with DTI ratios between 45% and 50% is higher than for those with a median DTI level of 35%.
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  • Arch MI: Housing affordability is about to get a lot worse

    What happens if interest rate continues increasing
    The Federal Reserve raised interest rates twice this year, and the Fed is estimated to increase rates once more this year, and several more times over the next couple of years. However, if the 30-year mortgage rate increases to 5%, or even 6%, affordability could drop dramatically.
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