a la mode, inc., the dominant market share leader in the appraisal technology sector, announced its “UAD Reader” product today. UADReader is a free desktop tool which allows anyone to open, view, error-check, and manage appraisals in the new “UAD” MISMO 2.6 XML format. It works with any UAD-formatted appraisal, regardless of which software was […]
MBA NewsLink recently sat down with Jennifer Miller, executive vice president of products for a la mode. Miller is in charge of the company’s Mortgage Solutions division, including the company’s Mercury Network, a vendor management platform for the mortgage lending industry.
With the mandatory UAD updates, the industry is full of complaints about some software vendors' latest versions crashing all the time. But the jump in crashes didn't start with the UAD — it just made it worse, and drew more attention to a long-standing problem. In fact, ask around and you'll see that over the […]
The government-sponsored entities, Fannie Mae and Freddie Mac, are requiring lenders to submit information electronically via the UCDP. But what does all this mean for appraisers? Read on for the impact on the industry and an explanation of the XML file format.
a la mode announced that LSI, a division of Lender Processing Services, has chosen to connect its appraisal ordering and management services with Mercury Network. Read on for a la mode's take on what this means for appraisers.
a la mode announced today that LSI, a division of Lender Processing Services (LPS) has chosen to connect its appraisal ordering and management services with Mercury Network to receive the native XML appraisal data necessary for error-free Uniform Mortgage Data Program (UMDP) compliance.
Today, a la mode kicks off a summer schedule of lender and appraisal management company web-based training courses in preparation for the GSEs’ Uniform Mortgage Data Program (UMDP). The training courses are open to anyone in the industry, and the full schedule and course descriptions can be found at www.MercuryVMP.com/Training.
a la mode’s Mercury Network is now listed as an appraisal submission platform for Fannie Mae and Freddie Mac’s (GSE’s) Uniform Collateral Data Portalsm (UCDP℠). The UCDP is the single portal for the electronic submission of appraisal data files to the GSEs.
a la mode today announced Real Property Insight has chosen the Mercury Network Vendor Management Platform (VMP) to manage the valuation portion of their new, groundbreaking product, the Real Property Insight (RPI) Report.