PMI Rate Pro exits: KC fintech calls acquisition the ‘natural next step’ for its mortgage tech solution

MIAMI — A strategic acquisition between a software leader and a Kansas City fintech startup brings together two innovators in mortgage tech to deliver the industry’s most comprehensive platform, said Nomi Smith, co-founder of PMI Rate Pro. LoanPASS on Thursday announced its purchase of PMI Rate Pro, an Overland Park-based fintech specializing in API-driven private…

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PMI Rate Pro pivots to tech solutions firm as pricing tool integrates with mortgage software solution 

The mortgage industry is lagging behind in the current world of technology, Nomi Smith said; but PMI Rate Pro is innovating to become a one-stop shop for private mortgage insurance (PMI).  “We began as a quoting service, so we developed an API (application programming interface) supporting another API. But we quickly realized that there needed…

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