Global Kinex Automates UCDP & EAD Submissions While Ensuring Compliance

Global Kinex Automates UCDP & EAD Submissions While Ensuring ComplianceGlobal Kinex® is Global DMS’ automated technology solution for seamlessly delivering appraisals to both the UCDP® and EAD portal. In addition to its automation capabilities, another unique feature of Global Kinex is that it can be implemented as a stand-alone solution or in conjunction with our valuation management platform, eTrac® Enterprise.

Global Kinex allows users to submit electronic appraisal data files, receive statuses and findings, correct and modify appraisal file submissions, and request overrides (in some instances) when the submission is not accepted by one of the portals.

Extraction:
Global Kinex validates and extracts the Base 64-encoded PDF within the MISMO XML file—ensuring an identical matching pair—which allows vendors to submit a single file for processing multiple workflows.

Conversion:
The conversion process allows PDF appraisals to be processed by other lines of business, such as a correspondent, where the original MISMO XML may be unavailable.

Validation:
Appraisals that are processed by Global Kinex undergo a series of checks, including a GSE rules-set and UAD compliance check.

Delivery:
Global Kinex allows individual reports to be submitted directly to either the UCDP or EAD portal. In addition, the app’s web-services architecture provides organizations with a method to integrate UCDP or EAD delivery into their commercial or proprietary applications.

Post-delivery, users can easily track submissions, download Submission Summary Reports (SSRs), archive reports, resolve hard-stops, and resubmit reports.

For more information, or to see a quick demo, contact us today at productinfo@globaldms.com.

 

Topics: Freddie MAC, Fannie Mae, Lenders, appraisal technology, collateral management, eTrac Enterprise Solutions, AMCs, Mortgage Companies, Compliance, residential mortgage industry, UAD, UCDP, global kinex, Appraisal Process Management, MISMO XML, Credit Union