Essent Guaranty, Inc., a mortgage insurance (MI) provider and subsidiary of Essent Group Ltd., has launched the next generation of its risk-based pricing engine, EssentEDGE.

“We continue to evolve and enhance EssentEDGE’s technology and credit analytics in quickly delivering MI pricing based on larger quantities of data to our customers,” said Mark A. Casale, chairman and chief executive officer. “Through cloud-based machine learning, next generation EssentEDGE is innovating the way we evaluate risk to deliver MI pricing and expanding access opportunities to mortgage credit for qualified borrowers.”

The next generation of EssentEDGE is available to Essent’s lender partners now.

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