Magazine article Mortgage Banking

GSEs Select Solidifi as a UCDP Integration Platform Provider

Magazine article Mortgage Banking

GSEs Select Solidifi as a UCDP Integration Platform Provider

Article excerpt

Chicago based Solidifi U.S., a full-fee appraisal management services provider, announced it will serve as one of the Uniform Collateral Data Portal[R] (UCDP) integration platform providers for Fannie Mae and Freddie Mac. The UCDP, part of the Uniform Mortgage Data Program[R] (UMDP), is the single portal for submission of electronic appraisal data files to the government-sponsored enterprises (GSEs).

"I'm thrilled we're an integration platform provider and working with Fannie Mae and Freddie Mac," said Loren Cooke, executive vice president for Solidifi U.S. "We've worked incredibly hard to earn the trust of our lender and appraiser partners, and we look forward to providing a value-added service that allows existing and future clients to seamlessly submit Uniform Appraisal Dataset-compliant [UAD-compliant] appraisals to the GSEs at no charge."

The platform will provide lenders with a link to the UCDP portal. Once completed, the solution will allow Solidifi's lender customers to submit UAD-compliant appraisal reports to the GSEs seamlessly through the aid of several time-saving features. …

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