Platinum Data Solutions, a provider of valuation data and analytics solutions, announced an enhanced integration with Ellie Mae's Encompass all-in-one mortgage management solution. The enhanced integration allows lenders to order Platinum Data’s RealView appraisal quality reports by submitting appraisal data in MISMO XML format directly through Encompass, to drive quality and efficiency in the loan origination process.
Fannie Mae and Freddie Mac require appraisals to be in MISMO XML format when submitting appraisals to the UCDP (Uniform Collateral Data Portal). This enhanced integration enables lenders to maintain consistency of format throughout the appraisal underwriting, QC and UCDP submission processes. Partnership enables lenders to order RealView appraisal quality report by submitting appraisal data in MISMO XML format through all-in-one mortgage management solution
Platinum Data’s online platform and analytical tools are used to protect the country’s top 10 mortgage lenders, and are integrated into several leading mortgage and appraisal software systems.
“Platinum Data is delighted to partner with Ellie Mae,” Platinum Data Solutions President and CEO Phil Huff said in a news release. “This enhanced integration with Encompass enables our clients to simplify the process of ordering RealView, so they can more efficiently process mortgage loans and grow their business. We look forward to a long, successful relationship with Ellie Mae.”