Commonwealth Mortgage Assurance Co., Philadelphia, has introduced an online service that enables lenders to obtain mortgage insurance in seconds, according to CMAC.MI Online, a feature of CMAC's customer information and access system ServiceLink, will be available nationwide this fall, the company said. "With ServiceLink, [lenders] can access their account 24 hours a day to perform servicing transfers, cancel mortgage insurance coverage, print certificates, and more," said Lora L. Wasson, CMAC's director of product marketing. "Now, using the new MI Online feature, our customers can obtain mortgage insurance on demand." CMAC is the operating subsidiary of CMAC Investment Corp. CMAC's website address is http://www.cmacmi.com.
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