Once you've added a Business Unit, the
UCDP Automatic settings become available. These settings allow you to
submit UAD compatible appraisals to the UCDP automatically when a specific order
status is applied to the appraisal. Follow the instructions below to
configure UCDP Automatic Settings for one Business Unit, or click here to jump to the instructions for configuring
UCDP Automatic Settings for multiple Business Units.
- Check the box to Automatically submit to the UCDP.
- Choose whether you want to submit it the first time or
every time a specific order status is applied to an order.
- Use the Business Unit dropdown to select your business
unit.
- Choose the order status that will automatically submit the appraisal to
UCDP when that status is applied.
- Then select whether you want to submit it to Fannie Mae,
Freddie Mac, or Both GSEs using the
Submit to drop-down.
- Check Automatically share all UCDP submission results with the
following Aggregator ID if you'd like to share UCDP submission
results with an Aggregator, then enter the Aggregator ID.
- Click Customize automated submission to specify which
Loan types and Form types you'd like to automatically
submit. An order must match both the selected form and loan types in order to
be automatically submitted.
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Note: |
The GSE options that are available in the Submit
to drop-down menu depend on what you have configured for
your Business Unit(s). If you've only entered the Fannie Mae
Seller/Servicer Number or Non-Seller/Servicer ID, Fannie
Mae will be the only option in the drop-down.
Likewise, if you've only entered information for Freddie Mac, that
is the only option that will appear. If you've entered
information for both, the options for Fannie Mae and Freddie Mac
will be available, as well as an option to submit to both
GSEs. | |
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UCDP Automatic Settings for multiple Business Units
If you have more than one Business Unit configured in your Connection
Settings, the configuration process is slightly different. Follow the
instructions below to configure UCDP Automatic Settings for Multiple Business
Units.
- Check the box to Automatically submit to the UCDP.
- Choose whether you want to submit it the first time or
every time, and select the specific order status that will
automatically submit the appraisal to the UCDP when that status is applied.
- Check Automatically share all UCDP submission results with the
following Aggregator ID if you'd like to share UCDP submission
results with an Aggregator, then enter the Aggregator ID. You
can also choose to share with an Aggregator for each client group.
- Click Customize automated submission to specify which
loan types you'd like to automatically submit.
- Click Save on the upper left.
- Once you've saved the changes in your Connection
Settings, click Clients in the toolbar at the top.
- Click Client Groups in the Clients toolbar and select
Manage Client Groups from the drop-down menu.
- In the list of Client Groups, select the group containing the members for
whom you'd like to change the settings and click Edit
Group. Or, just double-click the group.
- In the window that appears, click the Automated tab on
the upper left.
- In the Uniform Collateral Data Portal section on the
right, there are several options:
- Select the preferred Business Unit and the GSE(s) you
want to Submit to for that Client Group.
- Check the box to Automatically submit to UCDP.
- Use the drop-down boxes to select if the report should be submitted the
first time or every time, as well as what status will trigger the
submission.
- Check Check Automatically share all UCDP submission results
if you'd like to share UCDP submission results with an Aggregator,
then enter the Aggregator ID.
- Finally, click Customize automated submission to select
which loan types should be automatically submitted.
- When you're finished, click Save on the upper left.
For more information on configuring Automated Client Group Settings, click here.