Mortgage technology firm Visionet Systems recently released an enhanced Web services integration layer for CD2UCD, the industry’s only complete solution for converting closing disclosure (CD) images to Uniform Closing Dataset XML.
CD2UCD addresses situations where the data required to produce the UCD is not available, such as CDs modified at the closing table and loans acquired through correspondent or bulk channels, the firm explains in a release.
The enhanced interface allows lenders, closing agents, document preparation providers and loan origination system (LOS) vendors to easily pass a CD document and the required government-sponsored enterprise (GSE) data fields to the CD2UCD service and receive back a fully GSE-compliant UCD. CD2UCD also fulfills single and bulk requests via secure web portal and file transfer mechanisms.
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