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Tag Archives: UCDP

Veros Introduces UCD-compliant Solution

Veros Real Estate Solutions, a Santa Ana, California-based technology provider, announced Wednesday a new solution that satisfies the GSEs’ Uniform Closing Dataset requirements, which go into effect next week. “We are pleased to announce our new VeroDATAFI for lenders to be able to comply with the new UCD requirements and address the system and process challenges that September 25th will bring,” said Charles Rumfola, SVP of Strategic Initiatives at Veros. Veros already has a strong relationship with the GSEs. In fact, Rumfola said, “Veros played an integral part in successfully implementing the Uniform Collateral Data Portal (UCDP) for the GSEs, and we are looking to build on that success for UCD.”

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Fannie Mae Announces Web Portal Update

The “Appraisal Findings Report,” which is available through Message Manager, will be updated in April to include the CU feedback. The report, which is available to Fannie Mae sellers and services, covers appraisals submitted to the UCPD in the prior month and is generally available on the fifth business day of each month. The new report will replace three separate reports Fannie Mae currently provides by combining that information into one file.

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