UCD Compliance with LoanComplete
LoanComplete™ from Fiserv helps lenders streamline and automate uniform closing dataset (UCD) creation and delivery to government-sponsored agencies (GSEs). This life-of-loan solution suite streamlines time consuming processes and enhances existing loan processing systems.
Lenders have many challenges in meeting UCD requirements. To start, more than 700 data points and 1,500 enumerations need to be captured. To make it tougher, most LOSs do not contain all the needed data.
LoanComplete uses market-leading optical character recognition and automated comparison technologies to speed and simplify many steps in UCD preparation and delivery.
- Country
- United States
- Solution
- Insights & Optimization, Enterprise Content Management
- Industry
- Lending
- Published
- September 2017
