News Topic: Homeowners insurance marketplace

Mortgage and Finance News: (COLUMBUS, Ohio) Matic, the digital homeowners insurance marketplace built for mortgage servicers and lenders, reduced homeowners' monthly mortgage costs an average of 5.5 percent in 2018 by delivering average per-household homeowners insurance savings of $517. The announcement comes on the heels of a year marked by rapid growth for Matic, which helped homeowners identify $124 million in savings over the course of quoting homeowners insurance for over $180 billion worth of residential real estate.