Canadian homebuyers and lenders now have more options for mortgage protection as Valeyo, a leading solutions provider to the financial services industry and Canada Guaranty, a leading private mortgage insurer, announce they have completed the integration of Canada Guaranty’s products and services into Valeyo’s proprietary retail and small business loan origination solution.
“Valeyo is a leader in lending technology with the credit union industry, and our platform is one of the most comprehensive and robust available in the market,” says Sara Mazhar, VP Technology. “Through strong strategic partnerships, research and innovation we’re focused on evolving our technology, with the goal to future-proof the changing financial landscape of open banking and the growing cybersecurity standards to provide the next generation technologies for our credit union partners and their members.”
“We are pleased to have completed the integration of Canada Guaranty to Valeyo’s Loan Origination Platform, which helps deliver more choice and expand products available to Credit Unions and their members across Canada. We also want to acknowledge FirstOntario Credit Union for their great partnership in working with us and Valeyo to support this integration.” Mary Putnam, Vice President, Sales and Marketing, Canada Guaranty.
Canada Guaranty is available across all provinces, and went live early December at FirstOntario Credit Union.
“We’re committed to providing our Members exceptional products, services and experiences,” said Dave Schurman, COO, FirstOntario Credit Union. “The integration of Canada Guaranty as another option for mortgage insurance protection was a success for our credit union, enabling us to give our Members more choice in meeting their financial goals.”
Valeyo’s technology platforms support the highest number of integrations with industry-leading banking systems and third-party providers. Earlier this year, Valeyo announced a 5 year, multi-million dollar investment in its lending technology to drive rapid development, innovation and transformation of its proprietary solutions.
Valeyo is a leading Canadian-based solutions provider to the financial services industry. It’s more than a promise. It’s the foundation of how we work. And for more than 40 years, we have been creating the connections with people, partners and industry to drive collaboration, revenue growth and opportunity for all our partners. For more information, visit www.valeyo.com.
About Canada Guaranty:
As a proudly Canadian private mortgage insurer, Canada Guaranty Mortgage Insurance Company (“Canada Guaranty”) is backed by the leading financial strength of its ownership group, comprised of the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc. Working with industry partners across the country, Canada Guaranty is proud to offer mortgage and lending professionals with personalized support, value-added solutions and a comprehensive suite of mortgage default insurance products to ensure Canadians are provided with greater access to affordable, responsible and sustainable homeownership. For more information, please visit: www.canadaguaranty.ca.
FirstOntario is a full service cooperative financial institution, serving Members for 80 years throughout the Golden Horseshoe, Niagara Region and Southwestern regions of Ontario. With $5.4 billion in assets under management, FirstOntario is one of Canada’s largest credit unions. Everyone is welcome to be part of FirstOntario for financial services including daily transactions, mortgages, lines of credit, loans and investments. FirstOntario profits are invested into the communities we serve through support for entrepreneurs, competitive rates and charitable pursuits including our award winning student nutrition program. Learn more about us at FirstOntario.com.
Marketing & Communications Manager