Residential lenders have a host of recently launched or enhanced services that will help them maintain compliance with mortgage rules, banking regulations and agency requirements.
An enhanced web services integration layer for Visionet System Inc.’s complete solution for converting Closing Disclosure images to Uniform Closing Dataset XML was announced on March 24.
The solution, CD2UCD, reportedly addresses situations — like disclosures modified at the closing table and loans acquired through correspondent or bulk channels — where the data required to produce the UCD is not available.
Source: Mortgage Daily