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. To set up the UCDP Automatic
settings:
- 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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