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Submit Revised Appraisals |
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When you've received the corrected report from the appraiser, you'll need to
submit it to UCDP to receive a successful Submission Summary Report (SSR.) This
process is nearly identical to the way you submitted the appraisal the first
time.
- Log into Mercury Network.
- In the Orders view, double-click the appraisal you intend
to resubmit. This will open the Order Details.
- On the toolbar, click Set status, and choose
Submit to UCDP.
- In the dialog that appears, you'll see that the fields are populated with
the information you entered the first time you submitted the appraisal, but
you can make changes if you need to.
- Use the Select GSE drop-down to select the GSE(s) to
which you intend to submit the appraisal.
- Use the Business unit drop-down to choose the Business
Unit name with which you intend to submit the appraisal. When you choose a
Business Unit, the associated Seller/Servicer Number(s) or Third Party
Originator Number(s) will be displayed below so you can confirm that the
correct Business Unit was selected.
- Enter the loan number in the Loan # field. This field
will already contain the loan number you entered when you submitted the
first appraisal.
- In the Internal notes field, enter any comments you'd
like for your own purposes. These will only be visible within your Mercury
Network account; they won't be delivered to the UCDP.
- Click Send to submit the appraisal to UCDP.
Now, you'll return to the Order Grid, where you'll immediately see one or
more events regarding the status of your submission. Click here to find out more about monitoring
your submission status.
When you submit the revised appraisal, the new appraisal will replace the
previous one in UCDP. However, you'll still be able to view each appraisal
separately in Mercury Network.