Market Overview

Cloudvirga Adds Digital Mortgage Integration with Leading Mortgage Insurance Provider Radian

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Cloudvirga™,
a leading provider of digital mortgage point-of-sale (POS) software
whose enterprise technology is powered by the intelligent Mortgage
Platform, has partnered with Radian Guaranty, a subsidiary of Radian
Group
 (NYSE: RDN),
to deliver instant and accurate mortgage insurance (MI) rate quotes and
streamline the ordering of MI certificates for lenders.

"Radian's partnership with Cloudvirga is a testament of our commitment
to making it easier for our customers to do business with us," said
Brien McMahon, chief franchise officer, Radian. "With this integration,
customers can obtain accurate Radian MI rate quotes with greater speed
and efficiency and continue to focus on their business."

The advanced integration with Cloudvirga delivers Radian's precise MI
pricing in seconds, without the need for lenders to rekey data or leave
Cloudvirga's Consumer POS or Enterprise POS systems.

"Our focus is on helping lenders perfect the process of manufacturing
loans, so they can turn applicants into homeowners faster and more
cost-efficiently than ever before," said Kyle Kamrooz, co-founder of
Cloudvirga. "We're proud to partner with Radian to deliver the most
precise loan calculations available in the market."

About Cloudvirga™:

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by
the intelligent Mortgage Platform, uniquely combines a world-class
borrower experience with a truly automated lender workflow that
radically cuts overall loan costs, increases transparency and reduces
the time to close a loan. Founded by top fintech veterans with a track
record of building successful mortgage technologies, Cloudvirga's
customer base includes eight of the top 40 non-bank mortgage
originators. To date, Cloudvirga has raised over $77 million from some
of the country's top lenders and private-equity firms.

For more information, visit http://www.cloudvirga.com or
follow Cloudvirga
on LinkedIn
.

About Radian:

Radian Group Inc. (NYSE:RDN), headquartered in Philadelphia, provides
private mortgage insurance, risk management products and real estate
services to financial institutions. Radian offers mortgage insurance
through its principal mortgage insurance subsidiary, Radian Guaranty
Inc. This private mortgage insurance helps protect lenders from
default-related losses, facilitates the sale of low-downpayment
mortgages in the secondary market and enables homebuyers to purchase
homes more quickly with downpayments less than 20 percent.

Additional information may be found at http://www.radian.biz.

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