MDA Releases HVCC-Compliant Portal For Mortgage Brokers

Posted by Orb Staff on December 31, 2008 No Comments
Categories : Residential Mortgage

MDA Lending Solutions, a provider of information solutions to the real estate lending industry, has developed a new managed appraisal platform designed specifically for mortgage lenders seeking a way to achieve appraisal independence and regulatory compliance in their third-party originations channel.

According to the company, the portal enables lenders and brokers to easily order appraisals from approved third-party sources without complicated technical integrations or high transaction fees. The portal is also designed to provide compliance with recent and anticipated changes in appraisal regulation, including the new Home Value Code of Conduct (HVCC).

SOURCE: MDA Lending Solutions

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