FREDDIE MAC & FANNIE MAE (GSE) PORTAL
(CLOUD) Approved Vendor List 7/19/2011
UNIFORM MORTGAGE DATA PROGRAM
UNIFORM DATA COLLATERAL
Definition of a UDC
Document File ID ’1100000A2D’
File Identifer listed inside of CTS-Link Remitter & Collateral Files links Appraisal submissions of Appraiser, Lender, Seller, Purchaster to INVESTOR including both (GSEs) INVESTOR & LENDER & SELLER Loan# documented inside of UDC documents processed via portal by Lender Admistrator and
eFannieMae . com
Uniform Collateral Data Portal (UCDP)
September 1, 2011 effective date for use of Uniform Appraisal Data set (UAD)-compliant forms quickly approaching.
Appraisal report forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
- The loan application is dated on or after December 1, 2011, and
- An appraisal report is required.
INFORMATION TECHNOLOGISTS UNDERSTAND ‘data’ bases must be updated, tested, for new open system platform development, systems wil run parallel. Major changes underway include dissolution of MERS entity and the National Registry status? of MIN Identifer 18 digits (7 Member ID) 10 Agreement Numeric Identifer -1 Control Prefix insuring unique number.
UCDP General User Guide discusses new 15 digit numeric placeholder. New number? Unique to FREDDIE/FANNIE/LENDERS/SELLERS?
Vendor-provided solutions that offer an integrated system interface to UCDP. A list of technology vendors that plan to provide a vendor solution with an integrated system interface to UCDP is provided below. The list will be updated frequently over the next several months as vendors are added.
FIS – ORIGINATION – GSE Vendor approved Freddie & Fannie
Loan Syndication and Trading – integrated functional modules that support the lending process from deal building through servicing and trading
FIS is one of the world’s top-ranked technology providers to the banking industry. With more than 30,000 experts in 100 countries, FIS delivers the most comprehensive range of solutions for the broadest range of financial markets, all with a singular focus: helping you succeed. Every FIS solution has the strength you need for profitability today, and the power to help you manage whatever comes next.
FIS is part of the S&P 500. FIS has also been named the number one overall financial technology provider in the world by American Banker and Financial Insights (FinTech 100).
FIS ‘PREFERRED AND ONLY ORIGINATOR’ LISTED AS APPROVED VENDOR OF NEW PROGRAMS. VENDOR LIST BELOW incorporates all of its global subscribers related to real estate industry. ‘EXCLUDES’ Small …’
Midtier and Large Banking – flexible channel, integration and core solutions to meet every banking need from originations to servicing.
Uniform Collateral Data Portal (UCDP)
Solution Providers as of (Vendor/AMC List) July 19, 2011
-ACI – appraisal . com
-a la mode, inc. Mercury Network
-Avista Solutions, inc. – Avista Agile(tm) Loan Origination System (LOS)
-Bradford Technologies, inc. – Appraisal/World Connection
-Calyx Software – Point(r) PointCentral(r)
-CORE LOGIC VALUATION SERVICES – CORE LOGIC APPRAISAL MANAGEMENT SERVICES
-ELLE MAE, INC. – eNCOMPASS 360(R)
-FIS – ORIGINATOR
-Fisserv – EasyAccess & Unlflo Pro Mortgage
-FNC, Inc. – Collateral Management System (r) (CMS) & Collateral -Headquarters ™ (CHQA)
-Global DMS, LLC – OASIS Valuation Management Platform & ——–Global Klnex WebServices
-IBM – Impact Loan Origination System
-InHouse, Inc – Connexions (AssS&Appraisal Management Services)
ISGN – Appraisal Services
-Kirchmeyer & Associates, Inc – Kichmeyer Order Management System
-RealEC Technologies – RealEC Collaborative Partner Network
-LenderVend LLC – Appraisal Fufilment Services
-MortgageFlex System – The Residential Lending System
-Prime Alliance Solutions – Lending Suite
-ServiceLink Valuation Solutions, LLC – Vision Integrations, Valuation Products
-Solidifil – Solidifil Values ™
-Veros Real Estate Solution – VeroSELECT & Valuation Risk –Management System (VRM) Sapphire (backoffice UCDP)
-ValuAmerica – ValuNet
https : // www . efanniemae . com/sf/technology / commitloandel / ucdp / pdf / ucdpvendorlist . pdf
Data and open system platform changed economic landscape and intent of INVESTORS’s TRUSTEE taking possession of property in deceptive — perhaps larcenous manner.
Data portals ‘Servicer’ OWNER OF MORTGAGE LOAN
FANNIE’s new open system platform ‘FIS’ Originator controls the nationwide network of bank attorney’s, lawyers, title & settlement agents, agencies, insurance companies, who are ‘authorized’ integrators on the ‘Cloud.’
TRANSACTIONS CAN BE FOLLOWED, NOT THE MONEY.
Attorney’s and client’s of Origination transaction documents, servicing transactions documents, and BATES ‘discovery’ documents, may not realize data identifiers in report reveal the system,, gateways, portals, requests for documents passed through will have detailed data records defending Investor, Lender, Seller, Appraiser, Underwriter, …
Accurate business documents exist stored in specified locations of ‘originator’ or evault provider identified in MERS data records, an example.
Transactions via CLOUD may affix in image “TD” ‘LPS’ ‘LSI’ ‘eLYNX’ are data identifier’s on data reports, forms related to Escrow Services c/o Qualified Intermediary directly related to ‘Certificate Insurance Guaranty’
ORIGINATOR Fidelity Information Services, MERS, eLynx, Services-Link, LPS/DOCX,
including FREDDIE MAC UMD ID: 1100000A2D 10 digit document file identification.
FREDDIE MAC ‘website: freddiemac.com ‘search’ collateral
UNIFORM MORTGAGE DATA PROGRAM
Uniform Collateral Data Portal ‘UCDP’
Users CREATED in UDCP “Lender Administrator’
Users INVITED INto UCDP ‘Invited General User’
Lender Administrator (Organizational setup) or Lender Admin is a UCDP user who has the authority to set up and manage your company’s business structure within the portal, including the access privileges of other users, at the business unit or enterprise level.
The Lender Admin can either “create” a general user in UCDP (created users) or “invite” a general user to register for UCDP (invited user).
General users have access to all of the functions described herein (except the ability to change passwords and to invite and/or create users, which is reserved for the Lender Admin). Read-only users can only read information on the screen and do not have a Submit Appraisal option on their Home page
GSE Sellers acess to ‘joint’ GSE website. UCDP user agreement does not amend or supplement Agreemnt between you and either GSE.
FREDDIE MAC SELLERS
‘FREDDIE MAC’S EXCLUSIONARY LIST
SELLER’S ABILITY TO SELECT APPRAISAL MANAGEMENT COMPANY (OR OTHER PARTY) NOT ENDORSEMENT OR APPROVAL OF THE APPRAISAL MANAGEMENT COMPANY, DOES NOT RELIEVE SELLER OF ANY OBLIGATIONS PURSUANT TO SELLER’S OTHER PURCHASE DOCUMENTS INCLUDING REQUIEMENTS GUIDE SECTION 2.24 RELATED TO EXCLUSIONARY LIST.
SUBMITTING AN APPRAISAL:
SEARCH PREVIOUSLY SUMBITTED APPRAISALS:
EDIT/VIEW APPRAISAL INFORMATION:
ADDING ANOTHER INVESTOR, GSE:
APPRAISER LICENSE VERIFICATION:
(GUIDANCE FOR LENDERS AND APPRAISERS)…
Who should read this manual?
This User Guide is intended for loan officers, underwriters, appraisal management companies, and others who use UCDP to submit appraisal data files to the GSEs, resolve problems with the appraisal data file submissions, and generate reports from UCDP
The Uniform Collateral Data PortalSM (UCDPSM) is the Web-based portal lenders and their designated agents use to electronically submit appraisal data files prior to loan delivery to Fannie Mae and/or Freddie Mac (Government Sponsored Enterprises or GSEs). Through UCDP, you can submit up to 10 appraisal data files at a time, search for previously submitted appraisal data files, clear exceptions, and view reports. NOTE: The use of UCDP does not relieve lenders of any obligations under the Fannie Mae or Freddie Mac Guides, as applicable, including the representations and warranties they are required to make about the accuracy and sufficiency of appraisals relating to mortgages that are sold to either Freddie Mac or Fannie Mae, including adherence to the Uniform Appraisal Dataset (UAD) standards
FannieMae & FreddieMac
Uniform Collateral Data Portal (UCDP) General User Guide
[PDF 4.7M] New
Uniform Collateral Data Portal (UCDP) Lender Agent Admin User Guide [PDF 2.8M] New
Uniform Collateral Data Portal (UCDP) Reference Series for the Lender Admin [PDF] New
SUBMIT APPRAISAL, UNIQUE DOCUMENT FILE ID assigned to be used for LOAN DELIVERY to both GSE’s.
SUBMIT APPRAISAL ‘Electronic Appraisal data file (XML with embedded PDF) FOR A LOAN.
EVERY SUBMISSION ASSIGNED “Doc File ID’ WHICH YOU MUST INCLUDE WITH EVERY LOAN PACKAGE DELIVERED TO ‘GSE’
SUBMIT MAXIMUM 10 APPRAISAL DATA FILES AT TONE TIME.
ONE TO THREE APPRAISALS (MAXIMUM) FOR ONE LOAN, NEVER MORE THATN 10 APPRAISAL DATA FILES FOR ‘ONE’ SUBMISSION.
MAXIMUM 12 MB FOR PDF, 15 MB FO RXML TOTAL 100MB ‘TRANSMISSION’
BUSINESS UNIT – UCDP assigned business units
SUBMIT TO GSE FREDDIE and/or FANNIE
LENDER LOAN NUMBER – UNIQUE LOAN # MAX 15 CHARACTERS
FANNIE MAE S/SN OR
NON S/SN ID (Select the Seller Servicer Number (S/SN) or
Non-Seller Service Number (Non S/SN
FREDDIE MAC S/SN OR TPO# – Select Seller/Servicer Number (S/SN or Third Party Originator Number (TPO) from dropdown
FILE NAME LOCATION: Uploan appraisal data file ‘Appraisal 1′…
INSTITUTION ID: eNTER fANNIE-mAE – SPECIFIC id THAT IDENTIFIES THE LENDER OR BRANCH THAT ORIGINATED THE LOAN
INSTITUTION ID IS IDENTICAL TO FIELD IN DESKTOP ORIGINATOR (DO)/DESKTOP UNDERWRITER (DU) SUBMISSIONS.
UCDP DOES NOT EDIT OR VALIDATE THIS VALUE.
FILE ID: ENTER FANNIEMAE-SPECIFIC ID THAT REFERS TO DESKTOP UNDERWRITER (DU) CASE FILE ID
DELIVERY S/SN – ENTER ORIGINATOR’S FREDDIE MAC-SPECIFIC SELLER OR BRANCH NUMBER IF ITS DIFFERENT FROM THE SELLER #
LOAN PROSPECTOR KEY – ENTER FREDDIE MAC-SPECIFIC NUMBER THAT REFERS TO THE LOAN PROSPECTOR AUS KEY
INSTITUTION ID AND CASE FILE ID, DELIVERY S/SN AND LOAN PROSPECTOR ‘SUBMIT APPRAISAL’ PAGE 23 OF 92
UCDP GENERAL USER GUIDE
Inside SEC Documents, information captured in ‘FWP’ Free Writing Prospectus, Lender Loan Number, Zip Code, Appraisal Value
source data from ‘appraisal documentation’ reviewed by GSE via UCDP
‘Consumer name and physical address as borrower omitted inside FWP. Deal between FREDDIE MAC ‘Investor’ and LENDERS Loan# and info inside UCDP includes borrower’s name and physical address, and appraisal, and Loan Information for approval.
USERS CAN EDIT LENDER AND LOAN INFORMATION
CANNOT EDIT ACTUAL DATA FROM APPRAISAL DATA FILE. YOU MUST OBTAIN A ‘CORRECTED APPRAISAL DATA FILE’ FROM THE APPRAISER AND UPLOAN AGAIN.
EDITABLE FIELDS ARE:
LENDER LOAN NUMBER
FNM S/SN OR NON S/SN ID
FNM INSTITUTION ID
FNM CASE FILE ID
FRE S/SN OR TPO#
FRE DELIVERY S/SN
FRE LOAN PROSPECT KEY
Doc File ID
UCDP ‘User’ submits changes.
TO ADD GSE
ADD ‘INVESTOR’ THE OTHER GSE AUTOMATICALLY APPEARS.
ADDING ANOTHER GSE TRIGGERS NEW APPRAISAL SUBMISSION PROCESSED.
DOES NOT AFFECT GSE SUBMITTION IN PROGRESS.
APPRAISAL DATA FILES ARE AVAIABLE FOR THIREE YEARS FROM INITIAL SUBMISSION AND PROVIDES CHRONOLOGICAL AUDIT TRAIL FOR DTAA SUBMISSION.
FNM SELLER NUMBER
FRE SELLER NUMBER
FNM AND FRE SELLER NUMBER
EXAMPLE REVEALS ALL APPROVAL TRANSACTIONS MAY BE OVERRIDDEN
Appraisal freport forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
– The loan application is dated on or after December 1, 2011, and
– An appraisal report is required.
eFanniemae approved vendor of ‘Origination’
FIS=MORTGAGE LOAN ORIGINATION SOLUTIONS
Loan Originator Solutions serves as a point of sale component for retail and third party origiantion of mortgage and home equity loans in the top 100 lending financial institutions, like TD Financial Services. Subscribers via CLOUD submit electronic home equity and mortgage applications. Loan Originator pricing engine for real estate eligibility and pricing, as well as vendor selection engien to manage connections to third party service ordering for loan fulfillment (LOS) enables LENDERS fully automate Origination, processing and closing functions for their residential mortgage and consumer operations. LOS is the community bank and credit union mortgage loan origination solution for FIS, supporting the origination of mortgage loans sold on the secondary market. FLO services wide range of domestic banks and thrifts seeking automation to originate consumer, commercial, HELOC and portfolio mortgage eloans. FLO browser based provides wide range of loan origination functionality including warranted document selections, flexible IntelleDoc technology, and third party interfaces all coupled with SEAMLESS CORE INTEGRATION.
PIP is available as open source software & GT.M
GT.M is a database engine with scalability, proven in the largest real-time core processing systems in production at financial institutions worldwide
‘Trust Organization’ on the CLOUD, integrated trust and investment accounting solutions deliver flexibility and responsiveness affluent and high-net-worth clients demand FIS produce suite straight-through processing:
Cash Sweep Services; Trust Accounting Processing, Integrated portfolio management, Trust Operations Outsourcing…offers proven treasury management solutions for commercial and corporate banking institutions
FIS Lending Solutions are used to better market, sell, process, and close loans through all distribution channels, including retail, wholesale, Internet, and correspondent. Whether you’re looking to update one area of your lending business or install a comprehensive solution from start to finish, you can turn to FIS for the lending expertise and technology you need for your institution
FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information
Data collection and account aggregation
Outbound data interchange
International data interchange
Bank administration and operations
FIS’ extensive reporting bank network, robust infrastructure, and technical expertise enable us to offer a unique mix of custom technology and economies of scale.
FIS Primary Provider since 1990′s IRS & Government Benefit Disbursements – With the introduction of our leading ebtEDGE solution in the early 1990s, FIS established itself as a pioneer in the government benefits marketplace. As government benefit program complexity continues to rise, state agencies require solution partners that can address their comprehensive needs – including consolidated services for WIC, EBT, child support, child care, wireless payment solutions, payment cards and more. With more than 40 state relationships spanning numerous government benefit programs, FIS is the logical choice.
FIS RECEIVABLES Management: Speed the collection of payments and deposits while streamlining receivables management. Choose from FIS’ broad range of solutions to simplify and automate payment processing, posting, and reconcilement of deposits from multiple sources such as lockboxes and EDI.
Our flexible receivables management products include:
Remote Deposit Capture
Just Pay It
Offer commercial customers the convenience of automated payments
Help your commercial customers leverage the processes associated with checks, ACH, wire transfers, and cards. Use FIS payables management to automate payments to suppliers, vendors, and employees. Customers can save time and money with our bill payment products, including:
Bill Presentment and Payment
Cost-effectively meeting your customers’ information needs
Many corporate and middle-market customers have multiple banking relationships, requiring the aggregation of balance and transaction information from a variety of external sources. Even small businesses are challenged with how to best monitor and manage their various bank relationships. The FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information, so businesses can focus on the information itself rather than how to retrieve it. Our solution set offers:
Data collection and account aggregation
Outbound data interchange
International data interchange
Bank administration and operations
FIS’ Cash Concentration and Disbursement solutions enable corporate and business customers with multiple locations to easily and securely consolidate funds in order to better manage their daily cash position. Flexible input options, robust reporting capabilities, and bank-defined ACH processing parameters enable banks to tailor solutions that span the cash management needs of the simplest small businesses to the most complex corporations. Easy-to-use self-service capabilities give customers control over their reporting structure, user access, and entitlements.
FIS’ Cash Concentration and Disbursement offerings include:
Web Automated Cash Concentration
Web Cash Concentration
Brandable – FIS eBill solutions are highly configurable, allowing you to determine labels, logos, colors, and messages. This significantly reduces the time it takes to redesign statements for online presentment, because you can do all the preparation before your customers ever receive them online. Finally, you can give your customers customized bills and statements that are of value to them.
2011 Fidelity National Information Services, Inc. and its subsidiaries.
FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit http://www.fisglobal.com.
About Bridge Bank
Bridge Bank, National Association is Silicon Valley’s full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website web at http://www.bridgebank.com.
JACKSONVILLE, Fla., Aug. 11, 2011 − FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that Bridge Bank has deployed FIS’ Integrated Banking Services (IBS) core banking platform.
Serving the professional business community since 2001, Bridge Bank (NASDAQ: BBNK) has grown to more than $1 billion in assets, with offices nationwide. With its focus on small, middle market and emerging technology businesses, Bridge Bank selected IBS for its strong commercial functionality, scalability and flexibility. The bank also deployed FIS’ eBanking, TrustDesk® and ACH processing in addition to IBS, which integrates easily with a wide range of solutions.
Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud Tagged: | appraisal fraud, foreclosure fraud, FORECLOSURE SETTLEMENT, foreclosures, housing market, housing prices, investors, mortgage fruad, mortgages, settlement, strategic default, uaction fraud