LPS Launches UCDP Interface For Three Platforms

Lender Processing Services (LPS) has announced that, through its Loan Quality Gateway, LPS' RealEC, Empower and LSI divisions are now directly integrated with the Uniform Collateral Data Portal (UCDP) developed by Freddie Mac and Fannie Mae.

According to the company, the integration with the UCDP will facilitate seamless electronic appraisal report submission for lenders that meet the government-sponsored enterprises' requirements, including compliance checks for the new Uniform Appraisal Dataset (UAD) requirements now in effect.

LPS says RealEC, Empower and LSI customers will benefit from using a single system for managing a range of appraisal services, as well as enhanced workflow and data validation services.

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