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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE

EDITOR’S NOTE: There might be some discoverable information in the records of GSE’s like Fannie and Freddie. I note in particular that there are specific requirements for appraisals. I’d like to see whether the fraudulent appraisals differed in any respect from the fraudulent appraisal used to convince the buyer/borrower that he was buying into a good deal with the loan originator.

Submitted BY COCHRANE on 2011/08/12 at 10:47 am

FIS – ORIGINATION – GSE Vendor approved Freddie & Fannie

Loan Syndication and Trading – integrated functional modules that support the lending process from deal building through servicing and trading

FIS is one of the world’s top-ranked technology providers to the banking industry. With more than 30,000 experts in 100 countries, FIS delivers the most comprehensive range of solutions for the broadest range of financial markets, all with a singular focus: helping you succeed. Every FIS solution has the strength you need for profitability today, and the power to help you manage whatever comes next.

FIS is part of the S&P 500. FIS has also been named the number one overall financial technology provider in the world by American Banker and Financial Insights (FinTech 100).

FIS ‘PREFERRED AND ONLY ORIGINATOR’ LISTED AS APPROVED VENDOR OF NEW PROGRAMS. VENDOR LIST BELOW incorporates all of its global subscribers related to real estate industry. ‘EXCLUDES’ Small …’

Midtier and Large Banking – flexible channel, integration and core solutions to meet every banking need from originations to servicing.

Uniform Collateral Data Portal (UCDP)
Solution Providers as of (Vendor/AMC List) July 19, 2011

-ACI – appraisal . com
-a la mode, inc. Mercury Network
-Avista Solutions, inc. – Avista Agile(tm) Loan Origination System (LOS)
-Bradford Technologies, inc. – Appraisal/World Connection
-Calyx Software – Point(r) PointCentral(r)
-CORE LOGIC VALUATION SERVICES – CORE LOGIC APPRAISAL MANAGEMENT SERVICES
-ELLE MAE, INC. – eNCOMPASS 360(R)
-FIS – ORIGINATOR
-Fisserv – EasyAccess & Unlflo Pro Mortgage
-FNC, Inc. – Collateral Management System (r) (CMS) & Collateral -Headquarters ™ (CHQA)
-Global DMS, LLC – OASIS Valuation Management Platform & ——–Global Klnex WebServices
-IBM – Impact Loan Origination System
-InHouse, Inc – Connexions (AssS&Appraisal Management Services)
ISGN – Appraisal Services
-Kirchmeyer & Associates, Inc – Kichmeyer Order Management System
-RealEC Technologies – RealEC Collaborative Partner Network
-LenderVend LLC – Appraisal Fufilment Services
-MortgageFlex System – The Residential Lending System
-Prime Alliance Solutions – Lending Suite
-ServiceLink Valuation Solutions, LLC – Vision Integrations, Valuation Products
-Solidifil – Solidifil Values ™
-Veros Real Estate Solution – VeroSELECT & Valuation Risk –Management System (VRM) Sapphire (backoffice UCDP)
-ValuAmerica – ValuNet

https : // www . efanniemae . com/sf/technology / commitloandel / ucdp / pdf / ucdpvendorlist . pdf

Data and open system platform changed economic landscape and intent of INVESTORS’s TRUSTEE taking possession of property in deceptive perhaps larcenous manner.

Data portals of ‘Servicer’ advancing funding on an individual debt that is ‘collateral’ with legal claim is related to the OWNER of the BOND (Purchaser) of the Collateral placed inside the ‘BOND’, and the ‘promissory note’ separated from the Deed of Trust during Origination. How? Look at current members who are ready for FREDDIE and FANNIE’s new open system platform ‘FIS’ Originator controls the nationwide network of bank attorney’s, lawyers, title & settlement agents, agencies, insurance companies, who are ‘authorized’ integrators on the ‘Cloud.’

TRANSACTIONS CAN BE FOLLOWED, NOT THE MONEY.

FREDDIE MAC & FANNIE MAE (GSE) PORTAL
(CLOUD) Approved Vendor List 7/19/2011
UNIFORM MORTGAGE DATA PROGRAM
UNIFORM DATA COLLATERAL

Definition of a UDC
Document File ID ’1100000A2D’
File Identifer listed inside of CTS-Link Remitter & Collateral Files links Appraisal submissions of Appraiser, Lender, Seller, Purchaster to INVESTOR including both (GSEs) INVESTOR & LENDER & SELLER Loan# documented inside of UDC documents processed via portal by Lender Admistrator and

eFannieMae . com
Uniform Collateral Data Portal (UCDP)
September 1, 2011 effective date for use of Uniform Appraisal Data set (UAD)-compliant forms quickly approaching.

Appraisal report forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
– The loan application is dated on or after December 1, 2011, and
– An appraisal report is required.

INFORMATION TECHNOLOGISTS UNDERSTAND ‘data’ bases must be updated, tested, for new open system platform development, systems wil run parallel. Major changes underway include dissolution of MERS entity and the National Registry status? of MIN Identifer 18 digits (7 Member ID) 10 Agreement Numeric Identifer -1 Control Prefix insuring unique number.

UCDP General User Guide discusses new 15 digit numeric placeholder. New number? Unique to FREDDIE/FANNIE/LENDERS/SELLERS?

Vendor-provided solutions that offer an integrated system interface to UCDP. A list of technology vendors that plan to provide a vendor solution with an integrated system interface to UCDP is provided below. The list will be updated frequently over the next several months as vendors are added.

Attorney’s and client’s of Origination transaction documents, servicing transactions documents, and BATES ‘discovery’ documents, may not realize data identifiers in report reveal the system,, gateways, portals, requests for documents passed through will have detailed data records defineding Investor, Lender, Seller, Appraiser, Underwriter, …

Accurate business documents exist stored in specified locations of ‘originator’ or eValut provider identified in MERS data records, an example.

Transactions via CLOUD may affix in image “TD” a data identifier document report to/from TD Escrow Services.

ORIGINATOR Fidelity Information Services, MERS, eLynx, Services-Link, LPS/DOCX,
including FREDDIE MAC UMD ID: 1100000A2D’ 10 digit document file identification.

FREDDIE MAC ‘website: freddiemac.com ‘search’ collateral
UNIFORM MORTGAGE DATA PROGRAM
June 2011
Uniform Collateral Data Portal ‘UCDP’

Users CREATED in UDCP “Lender Administrator’
Users INVITED INto UCDP ‘Invited General User’

Lender Administrator (Organizational setup) or Lender Admin is a UCDP user who has the authority to set up and manage your company’s business structure within the portal, including the access privileges of other users, at the business unit or enterprise level.

The Lender Admin can either “create” a general user in UCDP (created users) or “invite” a general user to register for UCDP (invited user).

General users have access to all of the functions described herein (except the ability to change passwords and to invite and/or create users, which is reserved for the Lender Admin). Read-only users can only read information on the screen and do not have a Submit Appraisal option on their Home page

GSE Sellers acess to ‘joint’ GSE website. UCDP user agreement does not amend or supplement Agreemnt between you and either GSE.

FREDDIE MAC SELLERS

‘FREDDIE MAC’S EXCLUSIONARY LIST
SELLER’S ABILITY TO SELECT APPRAISAL MANAGEMENT COMPANY (OR OTHER PARTY) NOT ENDORSEMENT OR APPROVAL OF THE APPRAISAL MANAGEMENT COMPANY, DOES NOT RELIEVE SELLER OF ANY OBLIGATIONS PURSUANT TO SELLER’S OTHER PURCHASE DOCUMENTS INCLUDING REQUIEMENTS GUIDE SECTION 2.24 RELATED TO EXCLUSIONARY LIST.

SUBMITTING AN APPRAISAL:
LOAN SUBMISSIONS:
SEARCH PREVIOUSLY SUBMITTED APPRAISALS:
EDIT/VIEW APPRAISAL INFORMATION:
ADDING ANOTHER INVESTOR, GSE:
GENERATING REPORTS:
APPRAISER LICENSE VERIFICATION:
(GUIDANCE FOR LENDERS AND APPRAISERS)…

Who should read this manual?
This User Guide is intended for loan officers, underwriters, appraisal management companies, and others who use UCDP to submit appraisal data files to the GSEs, resolve problems with the appraisal data file submissions, and generate reports from UCDP

The Uniform Collateral Data PortalSM (UCDPSM) is the Web-based portal lenders and their designated agents use to electronically submit appraisal data files prior to loan delivery to Fannie Mae and/or Freddie Mac (Government Sponsored Enterprises or GSEs). Through UCDP, you can submit up to 10 appraisal data files at a time, search for previously submitted appraisal data files, clear exceptions, and view reports. NOTE: The use of UCDP does not relieve lenders of any obligations under the Fannie Mae or Freddie Mac Guides, as applicable, including the representations and warranties they are required to make about the accuracy and sufficiency of appraisals relating to mortgages that are sold to either Freddie Mac or Fannie Mae, including adherence to the Uniform Appraisal Dataset (UAD) standards

FannieMae & FreddieMac
Uniform Collateral Data Portal (UCDP) General User Guide
[PDF 4.7M] New
Uniform Collateral Data Portal (UCDP) Lender Agent Admin User Guide [PDF 2.8M] New
Uniform Collateral Data Portal (UCDP) Reference Series for the Lender Admin [PDF] New

SUBMIT APPRAISAL, UNIQUE DOCUMENT FILE ID assigned to be used for LOAN DELIVERY to both GSE’s.

SUBMIT APPRAISAL ‘Electronic Appraisal data file (XML with embedded PDF) FOR A LOAN.

EVERY SUBMISSION ASSIGNED “Doc File ID’ WHICH YOU MUST INCLUDE WITH EVERY LOAN PACKAGE DELIVERED TO ‘GSE’

SUBMIT MAXIMUM 10 APPRAISAL DATA FILES AT TONE TIME.
ONE TO THREE APPRAISALS (MAXIMUM) FOR ONE LOAN, NEVER MORE THATN 10 APPRAISAL DATA FILES FOR ‘ONE’ SUBMISSION.
MAXIMUM 12 MB FOR PDF, 15 MB FO RXML TOTAL 100MB ‘TRANSMISSION’

REQUIRED FIELDS:
BUSINESS UNIT – UCDP assigned business units
SUBMIT TO GSE FREDDIE and/or FANNIE
LENDER LOAN NUMBER – UNIQUE LOAN # MAX 15 CHARACTERS
FANNIE MAE S/SN OR
NON S/SN ID (Select the Seller Servicer Number (S/SN) or
Non-Seller Service Number (Non S/SN
FREDDIE MAC S/SN OR TPO# – Select Seller/Servicer Number (S/SN or Third Party Originator Number (TPO) from dropdown
FILE NAME LOCATION: Uploan appraisal data file ‘Appraisal 1′…
INSTITUTION ID: eNTER fANNIE-mAE – SPECIFIC id THAT IDENTIFIES THE LENDER OR BRANCH THAT ORIGINATED THE LOAN
INSTITUTION ID IS IDENTICAL TO FIELD IN DESKTOP ORIGINATOR (DO)/DESKTOP UNDERWRITER (DU) SUBMISSIONS.
UCDP DOES NOT EDIT OR VALIDATE THIS VALUE.
FILE ID: ENTER FANNIEMAE-SPECIFIC ID THAT REFERS TO DESKTOP UNDERWRITER (DU) CASE FILE ID
DELIVERY S/SN – ENTER ORIGINATOR’S FREDDIE MAC-SPECIFIC SELLER OR BRANCH NUMBER IF ITS DIFFERENT FROM THE SELLER #
LOAN PROSPECTOR KEY – ENTER FREDDIE MAC-SPECIFIC NUMBER THAT REFERS TO THE LOAN PROSPECTOR AUS KEY

INSTITUTION ID AND CASE FILE ID, DELIVERY S/SN AND LOAN PROSPECTOR ‘SUBMIT APPRAISAL’ PAGE 23 OF 92
UCDP GENERAL USER GUIDE

OBSERVATION.
Inside SEC Documents, information captured in ‘FWP’ Free Writing Prospectus, Lender Loan Number, Zip Code, Appraisal Value
source data from ‘appraisal documentation’ reviewed by GSE via UCDP

‘Consumer name and physical address as borrower omitted inside FWP. Deal between FREDDIE MAC ‘Investor’ and LENDERS Loan# and info inside UCDP includes borrower’s name and physical address, and appraisal, and Loan Information for approval.

USERS CAN EDIT LENDER AND LOAN INFORMATION
CANNOT EDIT ACTUAL DATA FROM APPRAISAL DATA FILE. YOU MUST OBTAIN A ‘CORRECTED APPRAISAL DATA FILE’ FROM THE APPRAISER AND UPLOAN AGAIN.

EDITABLE FIELDS ARE:
LENDER LOAN NUMBER
FNM S/SN OR NON S/SN ID
FNM INSTITUTION ID
FNM CASE FILE ID
FRE S/SN OR TPO#
FRE DELIVERY S/SN
FRE LOAN PROSPECT KEY

NON-EDITABLE FIELDS:
Doc File ID
Date Submitted
Last Update
LENDER NAME
Business Unit
FNM Status
FRE Status

UCDP ‘User’ submits changes.

TO ADD GSE
ADD ‘INVESTOR’ THE OTHER GSE AUTOMATICALLY APPEARS.

ADDING ANOTHER GSE TRIGGERS NEW APPRAISAL SUBMISSION PROCESSED.
DOES NOT AFFECT GSE SUBMITTION IN PROGRESS.

APPRAISAL DATA FILES ARE AVAIABLE FOR THIREE YEARS FROM INITIAL SUBMISSION AND PROVIDES CHRONOLOGICAL AUDIT TRAIL FOR DTAA SUBMISSION.

FNM SELLER NUMBER
FRE SELLER NUMBER
FNM AND FRE SELLER NUMBER
LENDER NAME

EXAMPLE REVEALS ALL APPROVAL TRANSACTIONS MAY BE OVERRIDDEN

Appraisal freport forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
– The loan application is dated on or after December 1, 2011, and
– An appraisal report is required.

eFanniemae approved vendor of ‘Origination’

FIS=MORTGAGE LOAN ORIGINATION SOLUTIONS
Loan Originator Solutions serves as a point of sale component for retail and third party origiantion of mortgage and home equity loans in the top 100 lending financial institutions, like TD Financial Services. Subscribers via CLOUD submit electronic home equity and mortgage applications. Loan Originator pricing engine for real estate eligibility and pricing, as well as vendor selection engien to manage connections to third party service ordering for loan fulfillment (LOS) enables LENDERS fully automate Origination, processing and closing functions for their residential mortgage and consumer operations. LOS is the community bank and credit union mortgage loan origiantion solution for FIS, supporting the origination of mortgage loans sold on the secondary market. FLO services wide range of domestic banks and thirfts seeking automation to originate consumer, commercial, HELOC and portfolio mortgag eloans. FLO brower based provdes wide range of loan origination functionality including warranted document selections, flexible IntelleDoc technology, and third party interefaces all coupled with SEAMLESS CORE INTEGRATION.

PIP is available as open source software ^& GT.M
GT.M is a database engine with scalability, proven in the largest real-time core processing systems in production at financial institutions worldwide

TRUST ACCOUNTING
‘Trust Organization’ on the CLOUD, integrated trust and investment accounting solutions deliver flexibility and responsiveness affluent and high-net-worth clinets demand FIS produce suite straight-through processing:
Cash Sweep Services; Trust Accounting Processing, Integrated portfolio management, Trust Operations Outsourcing…offers proven treasury management solutions for commercial and corporate banking institutions

FIS Lending Solutions are used to better market, sell, process, and close loans through all distribution channels, including retail, wholesale, Internet, and correspondent. Whether you’re looking to update one area of your lending business or install a comprehensive solution from start to finish, you can turn to FIS for the lending expertise and technology you need for your institution

FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information
Data collection and account aggregation
Outbound data interchange
International data interchange
Bank administration and operations
Comprehensive security

FIS’ extensive reporting bank network, robust infrastructure, and technical expertise enable us to offer a unique mix of custom technology and economies of scale.

FIS Primary Provider since 1990′s IRS & Government Benefit Disbursements – With the introduction of our leading ebtEDGE solution in the early 1990s, FIS established itself as a pioneer in the government benefits marketplace. As government benefit program complexity continues to rise, state agencies require solution partners that can address their comprehensive needs – including consolidated services for WIC, EBT, child support, child care, wireless payment solutions, payment cards and more. With more than 40 state relationships spanning numerous government benefit programs, FIS is the logical choice.

FIS RECEIVABLES Management: Speed the collection of payments and deposits while streamlining receivables management. Choose from FIS’ broad range of solutions to simplify and automate payment processing, posting, and reconcilement of deposits from multiple sources such as lockboxes and EDI.
Our flexible receivables management products include:
Retail Lockbox
Remote Deposit Capture
Wholesale Lockbox
Just Pay It
EDI Translation
Virtual Vault

Payables Management

Offer commercial customers the convenience of automated payments
Help your commercial customers leverage the processes associated with checks, ACH, wire transfers, and cards. Use FIS payables management to automate payments to suppliers, vendors, and employees. Customers can save time and money with our bill payment products, including:
Business eBanking
Corporate eBanking
ACH Processing
Check Outsourcing
Bill Presentment and Payment
Integrated Payables
eWire Solution

Data Interchange

Cost-effectively meeting your customers’ information needs
Many corporate and middle-market customers have multiple banking relationships, requiring the aggregation of balance and transaction information from a variety of external sources. Even small businesses are challenged with how to best monitor and manage their various bank relationships. The FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information, so businesses can focus on the information itself rather than how to retrieve it. Our solution set offers:
Data collection and account aggregation
Outbound data interchange
International data interchange
Bank administration and operations
Comprehensive security

FIS’ Cash Concentration and Disbursement solutions enable corporate and business customers with multiple locations to easily and securely consolidate funds in order to better manage their daily cash position. Flexible input options, robust reporting capabilities, and bank-defined ACH processing parameters enable banks to tailor solutions that span the cash management needs of the simplest small businesses to the most complex corporations. Easy-to-use self-service capabilities give customers control over their reporting structure, user access, and entitlements.
FIS’ Cash Concentration and Disbursement offerings include:
Web Automated Cash Concentration
Web Cash Concentration

Brandable – FIS eBill solutions are highly configurable, allowing you to determine labels, logos, colors, and messages. This significantly reduces the time it takes to redesign statements for online presentment, because you can do all the preparation before your customers ever receive them online. Finally, you can give your customers customized bills and statements that are of value to them.

2011 Fidelity National Information Services, Inc. and its subsidiaries.

About FIS
FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit http://www.fisglobal.com.

About Bridge Bank
Bridge Bank, National Association is Silicon Valley’s full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website web at http://www.bridgebank.com.

JACKSONVILLE, Fla., Aug. 11, 2011 − FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that Bridge Bank has deployed FIS’ Integrated Banking Services (IBS) core banking platform.

Serving the professional business community since 2001, Bridge Bank (NASDAQ: BBNK) has grown to more than $1 billion in assets, with offices nationwide. With its focus on small, middle market and emerging technology businesses, Bridge Bank selected IBS for its strong commercial functionality, scalability and flexibility. The bank also deployed FIS’ eBanking, TrustDesk® and ACH processing in addition to IBS, which integrates easily with a wide range of solutions.

33 Responses

  1. MICROSOFT & FEDERAL HOME LOAN MORTGAGE CORP
    About HomeAdvisor Technologies Inc.

    HomeAdvisor Technologies, Inc. is dedicated to dramatically improving the way homes are financed, bought, sold and maintained. The new company, already backed by Chase Manhattan Mortgage, Freddie Mac, GMAC-RFC, Microsoft, Norwest Mortgage and Bank of America, consists of three distinct divisions focused on delivering the tools and services necessary to revolutionize the real estate and mortgage transaction while delivering significant time and cost savings to consumers as well as real estate and mortgage professionals.

    The company’s award-winning consumer Web site, HomeAdvisor.com, helps consumers address every home-related decision while providing the lowest loan rates available on the Web. (Details of guarantee will be available online at http://www.homeadvisor.com/ .)
    About Microsoft

    Founded in 1975, Microsoft (Nasdaq “MSFT” ) is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through great software – any time, any place and on any device.

    Microsoft, MSN and HomeAdvisor are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

    FIS’ extensive reporting bank network, robust infrastructure, and technical expertise enable us to offer a unique mix of custom technology and economies of scale.

    International data interchange
    Outbound data interchange
    Data collection and account aggregation
    Bank administration and operations

    The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

    FIS Lending Solutions are used to better market, sell, process, and close loans through all distribution channels, including retail, wholesale, Internet, and correspondent.
    Use FIS payables management to automate payments to suppliers, vendors, and employees

    Cash Sweep Services; Trust Accounting Processing, Integrated portfolio management, Trust Operations Outsourcing…offers proven treasury management solutions for commercial and corporate banking institutions

    TRUST ACCOUNTING
    ‘Trust Organization’ on the CLOUD, integrated trust and investment accounting solutions deliver flexibility and responsiveness affluent and high-net-worth clients demand FIS produce suite straight-through processing

    FIS Primary Provider since 1990′s IRS & Government Benefit Disbursements – With the introduction of our leading ebtEDGE solution in the early 1990s, FIS established itself as a pioneer in the government benefits marketplace. As government benefit program complexity continues to rise, state agencies require solution partners that can address their comprehensive needs – including consolidated services for WIC, EBT, child support, child care, wireless payment solutions, payment cards and more. With more than 40 state relationships spanning numerous government benefit programs, FIS is the logical choice.

    FIS RECEIVABLES Management: Speed the collection of payments and deposits while streamlining receivables management. Choose from FIS’ broad range of solutions to simplify and automate payment processing, posting, and reconcilement of deposits from multiple sources such as lockboxes and EDI.

    FIS’ extensive reporting bank network, robust infrastructure, and technical expertise enable us to offer a unique mix of custom technology and economies of scale.

  2. FREDDIE MAC & FANNIE MAE (GSE) PORTAL
    (CLOUD) Approved Vendor List 7/19/2011
    UNIFORM MORTGAGE DATA PROGRAM
    UNIFORM DATA COLLATERAL

    Definition of a UDC
    Document File ID ’1100000A2D’
    File Identifer listed inside of CTS-Link Remitter & Collateral Files links Appraisal submissions of Appraiser, Lender, Seller, Purchaster to INVESTOR including both (GSEs) INVESTOR & LENDER & SELLER Loan# documented inside of UDC documents processed via portal by Lender Admistrator and

    eFannieMae . com
    Uniform Collateral Data Portal (UCDP)
    September 1, 2011 effective date for use of Uniform Appraisal Data set (UAD)-compliant forms quickly approaching.

    Appraisal report forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
    – The loan application is dated on or after December 1, 2011, and
    – An appraisal report is required.

    INFORMATION TECHNOLOGISTS UNDERSTAND ‘data’ bases must be updated, tested, for new open system platform development, systems wil run parallel. Major changes underway include dissolution of MERS entity and the National Registry status? of MIN Identifer 18 digits (7 Member ID) 10 Agreement Numeric Identifer -1 Control Prefix insuring unique number.

    UCDP General User Guide discusses new 15 digit numeric placeholder. New number? Unique to FREDDIE/FANNIE/LENDERS/SELLERS?

    Vendor-provided solutions that offer an integrated system interface to UCDP. A list of technology vendors that plan to provide a vendor solution with an integrated system interface to UCDP is provided below. The list will be updated frequently over the next several months as vendors are added.

    FIS – ORIGINATION – GSE Vendor approved Freddie & Fannie

    Loan Syndication and Trading – integrated functional modules that support the lending process from deal building through servicing and trading

    FIS is one of the world’s top-ranked technology providers to the banking industry. With more than 30,000 experts in 100 countries, FIS delivers the most comprehensive range of solutions for the broadest range of financial markets, all with a singular focus: helping you succeed. Every FIS solution has the strength you need for profitability today, and the power to help you manage whatever comes next.

    FIS is part of the S&P 500. FIS has also been named the number one overall financial technology provider in the world by American Banker and Financial Insights (FinTech 100).

    FIS ‘PREFERRED AND ONLY ORIGINATOR’ LISTED AS APPROVED VENDOR OF NEW PROGRAMS. VENDOR LIST BELOW incorporates all of its global subscribers related to real estate industry. ‘EXCLUDES’ Small …’

    Midtier and Large Banking – flexible channel, integration and core solutions to meet every banking need from originations to servicing.

    Uniform Collateral Data Portal (UCDP)
    Solution Providers as of (Vendor/AMC List) July 19, 2011

    -ACI – appraisal . com
    -a la mode, inc. Mercury Network
    -Avista Solutions, inc. – Avista Agile(tm) Loan Origination System (LOS)
    -Bradford Technologies, inc. – Appraisal/World Connection
    -Calyx Software – Point(r) PointCentral(r)
    -CORE LOGIC VALUATION SERVICES – CORE LOGIC APPRAISAL MANAGEMENT SERVICES
    -ELLE MAE, INC. – eNCOMPASS 360(R)
    -FIS – ORIGINATOR
    -Fisserv – EasyAccess & Unlflo Pro Mortgage
    -FNC, Inc. – Collateral Management System (r) (CMS) & Collateral -Headquarters ™ (CHQA)
    -Global DMS, LLC – OASIS Valuation Management Platform & ——–Global Klnex WebServices
    -IBM – Impact Loan Origination System
    -InHouse, Inc – Connexions (AssS&Appraisal Management Services)
    ISGN – Appraisal Services
    -Kirchmeyer & Associates, Inc – Kichmeyer Order Management System
    -RealEC Technologies – RealEC Collaborative Partner Network
    -LenderVend LLC – Appraisal Fufilment Services
    -MortgageFlex System – The Residential Lending System
    -Prime Alliance Solutions – Lending Suite
    -ServiceLink Valuation Solutions, LLC – Vision Integrations, Valuation Products
    -Solidifil – Solidifil Values ™
    -Veros Real Estate Solution – VeroSELECT & Valuation Risk –Management System (VRM) Sapphire (backoffice UCDP)
    -ValuAmerica – ValuNet

    https : // www . efanniemae . com/sf/technology / commitloandel / ucdp / pdf / ucdpvendorlist . pdf

    Data and open system platform changed economic landscape and intent of INVESTORS’s TRUSTEE taking possession of property in deceptive — perhaps larcenous manner.

    Data portals ‘Servicer’ OWNER OF MORTGAGE LOAN
    FANNIE’s new open system platform ‘FIS’ Originator controls the nationwide network of bank attorney’s, lawyers, title & settlement agents, agencies, insurance companies, who are ‘authorized’ integrators on the ‘Cloud.’

    TRANSACTIONS CAN BE FOLLOWED, NOT THE MONEY.

    Attorney’s and client’s of Origination transaction documents, servicing transactions documents, and BATES ‘discovery’ documents, may not realize data identifiers in report reveal the system,, gateways, portals, requests for documents passed through will have detailed data records defending Investor, Lender, Seller, Appraiser, Underwriter, …

    Accurate business documents exist stored in specified locations of ‘originator’ or evault provider identified in MERS data records, an example.

    Transactions via CLOUD may affix in image “TD” ‘LPS’ ‘LSI’ ‘eLYNX’ are data identifier’s on data reports, forms related to Escrow Services c/o Qualified Intermediary directly related to ‘Certificate Insurance Guaranty’

    ORIGINATOR Fidelity Information Services, MERS, eLynx, Services-Link, LPS/DOCX,
    including FREDDIE MAC UMD ID: 1100000A2D 10 digit document file identification.

    FREDDIE MAC ‘website: freddiemac.com ‘search’ collateral
    UNIFORM MORTGAGE DATA PROGRAM
    June 2011
    Uniform Collateral Data Portal ‘UCDP’

    Users CREATED in UDCP “Lender Administrator’
    Users INVITED INto UCDP ‘Invited General User’

    Lender Administrator (Organizational setup) or Lender Admin is a UCDP user who has the authority to set up and manage your company’s business structure within the portal, including the access privileges of other users, at the business unit or enterprise level.

    The Lender Admin can either “create” a general user in UCDP (created users) or “invite” a general user to register for UCDP (invited user).

    General users have access to all of the functions described herein (except the ability to change passwords and to invite and/or create users, which is reserved for the Lender Admin). Read-only users can only read information on the screen and do not have a Submit Appraisal option on their Home page

    GSE Sellers acess to ‘joint’ GSE website. UCDP user agreement does not amend or supplement Agreemnt between you and either GSE.

    FREDDIE MAC SELLERS

    ‘FREDDIE MAC’S EXCLUSIONARY LIST
    SELLER’S ABILITY TO SELECT APPRAISAL MANAGEMENT COMPANY (OR OTHER PARTY) NOT ENDORSEMENT OR APPROVAL OF THE APPRAISAL MANAGEMENT COMPANY, DOES NOT RELIEVE SELLER OF ANY OBLIGATIONS PURSUANT TO SELLER’S OTHER PURCHASE DOCUMENTS INCLUDING REQUIEMENTS GUIDE SECTION 2.24 RELATED TO EXCLUSIONARY LIST.

    SUBMITTING AN APPRAISAL:
    LOAN SUBMISSIONS:
    SEARCH PREVIOUSLY SUMBITTED APPRAISALS:
    EDIT/VIEW APPRAISAL INFORMATION:
    ADDING ANOTHER INVESTOR, GSE:
    GENERATING REPORTS:
    APPRAISER LICENSE VERIFICATION:
    (GUIDANCE FOR LENDERS AND APPRAISERS)…

    Who should read this manual?
    This User Guide is intended for loan officers, underwriters, appraisal management companies, and others who use UCDP to submit appraisal data files to the GSEs, resolve problems with the appraisal data file submissions, and generate reports from UCDP

    The Uniform Collateral Data PortalSM (UCDPSM) is the Web-based portal lenders and their designated agents use to electronically submit appraisal data files prior to loan delivery to Fannie Mae and/or Freddie Mac (Government Sponsored Enterprises or GSEs). Through UCDP, you can submit up to 10 appraisal data files at a time, search for previously submitted appraisal data files, clear exceptions, and view reports. NOTE: The use of UCDP does not relieve lenders of any obligations under the Fannie Mae or Freddie Mac Guides, as applicable, including the representations and warranties they are required to make about the accuracy and sufficiency of appraisals relating to mortgages that are sold to either Freddie Mac or Fannie Mae, including adherence to the Uniform Appraisal Dataset (UAD) standards

    FannieMae & FreddieMac
    Uniform Collateral Data Portal (UCDP) General User Guide
    [PDF 4.7M] New
    Uniform Collateral Data Portal (UCDP) Lender Agent Admin User Guide [PDF 2.8M] New
    Uniform Collateral Data Portal (UCDP) Reference Series for the Lender Admin [PDF] New

    SUBMIT APPRAISAL, UNIQUE DOCUMENT FILE ID assigned to be used for LOAN DELIVERY to both GSE’s.

    SUBMIT APPRAISAL ‘Electronic Appraisal data file (XML with embedded PDF) FOR A LOAN.

    EVERY SUBMISSION ASSIGNED “Doc File ID’ WHICH YOU MUST INCLUDE WITH EVERY LOAN PACKAGE DELIVERED TO ‘GSE’

    SUBMIT MAXIMUM 10 APPRAISAL DATA FILES AT TONE TIME.
    ONE TO THREE APPRAISALS (MAXIMUM) FOR ONE LOAN, NEVER MORE THATN 10 APPRAISAL DATA FILES FOR ‘ONE’ SUBMISSION.
    MAXIMUM 12 MB FOR PDF, 15 MB FO RXML TOTAL 100MB ‘TRANSMISSION’

    REQUIRED FIELDS:
    BUSINESS UNIT – UCDP assigned business units
    SUBMIT TO GSE FREDDIE and/or FANNIE
    LENDER LOAN NUMBER – UNIQUE LOAN # MAX 15 CHARACTERS
    FANNIE MAE S/SN OR
    NON S/SN ID (Select the Seller Servicer Number (S/SN) or
    Non-Seller Service Number (Non S/SN
    FREDDIE MAC S/SN OR TPO# – Select Seller/Servicer Number (S/SN or Third Party Originator Number (TPO) from dropdown
    FILE NAME LOCATION: Uploan appraisal data file ‘Appraisal 1′…
    INSTITUTION ID: eNTER fANNIE-mAE – SPECIFIC id THAT IDENTIFIES THE LENDER OR BRANCH THAT ORIGINATED THE LOAN
    INSTITUTION ID IS IDENTICAL TO FIELD IN DESKTOP ORIGINATOR (DO)/DESKTOP UNDERWRITER (DU) SUBMISSIONS.
    UCDP DOES NOT EDIT OR VALIDATE THIS VALUE.
    FILE ID: ENTER FANNIEMAE-SPECIFIC ID THAT REFERS TO DESKTOP UNDERWRITER (DU) CASE FILE ID
    DELIVERY S/SN – ENTER ORIGINATOR’S FREDDIE MAC-SPECIFIC SELLER OR BRANCH NUMBER IF ITS DIFFERENT FROM THE SELLER #
    LOAN PROSPECTOR KEY – ENTER FREDDIE MAC-SPECIFIC NUMBER THAT REFERS TO THE LOAN PROSPECTOR AUS KEY

    INSTITUTION ID AND CASE FILE ID, DELIVERY S/SN AND LOAN PROSPECTOR ‘SUBMIT APPRAISAL’ PAGE 23 OF 92
    UCDP GENERAL USER GUIDE

    OBSERVATION.
    Inside SEC Documents, information captured in ‘FWP’ Free Writing Prospectus, Lender Loan Number, Zip Code, Appraisal Value
    source data from ‘appraisal documentation’ reviewed by GSE via UCDP

    ‘Consumer name and physical address as borrower omitted inside FWP. Deal between FREDDIE MAC ‘Investor’ and LENDERS Loan# and info inside UCDP includes borrower’s name and physical address, and appraisal, and Loan Information for approval.

    USERS CAN EDIT LENDER AND LOAN INFORMATION
    CANNOT EDIT ACTUAL DATA FROM APPRAISAL DATA FILE. YOU MUST OBTAIN A ‘CORRECTED APPRAISAL DATA FILE’ FROM THE APPRAISER AND UPLOAN AGAIN.

    EDITABLE FIELDS ARE:
    LENDER LOAN NUMBER
    FNM S/SN OR NON S/SN ID
    FNM INSTITUTION ID
    FNM CASE FILE ID
    FRE S/SN OR TPO#
    FRE DELIVERY S/SN
    FRE LOAN PROSPECT KEY

    NON-EDITABLE FIELDS:
    Doc File ID
    Date Submitted
    Last Update
    LENDER NAME
    Business Unit
    FNM Status
    FRE Status

    UCDP ‘User’ submits changes.

    TO ADD GSE
    ADD ‘INVESTOR’ THE OTHER GSE AUTOMATICALLY APPEARS.

    ADDING ANOTHER GSE TRIGGERS NEW APPRAISAL SUBMISSION PROCESSED.
    DOES NOT AFFECT GSE SUBMITTION IN PROGRESS.

    APPRAISAL DATA FILES ARE AVAIABLE FOR THIREE YEARS FROM INITIAL SUBMISSION AND PROVIDES CHRONOLOGICAL AUDIT TRAIL FOR DTAA SUBMISSION.

    FNM SELLER NUMBER
    FRE SELLER NUMBER
    FNM AND FRE SELLER NUMBER
    LENDER NAME

    EXAMPLE REVEALS ALL APPROVAL TRANSACTIONS MAY BE OVERRIDDEN

    Appraisal freport forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
    – The loan application is dated on or after December 1, 2011, and
    – An appraisal report is required.

    eFanniemae approved vendor of ‘Origination’

    FIS=MORTGAGE LOAN ORIGINATION SOLUTIONS
    Loan Originator Solutions serves as a point of sale component for retail and third party origiantion of mortgage and home equity loans in the top 100 lending financial institutions, like TD Financial Services. Subscribers via CLOUD submit electronic home equity and mortgage applications. Loan Originator pricing engine for real estate eligibility and pricing, as well as vendor selection engien to manage connections to third party service ordering for loan fulfillment (LOS) enables LENDERS fully automate Origination, processing and closing functions for their residential mortgage and consumer operations. LOS is the community bank and credit union mortgage loan origination solution for FIS, supporting the origination of mortgage loans sold on the secondary market. FLO services wide range of domestic banks and thrifts seeking automation to originate consumer, commercial, HELOC and portfolio mortgage eloans. FLO browser based provides wide range of loan origination functionality including warranted document selections, flexible IntelleDoc technology, and third party interfaces all coupled with SEAMLESS CORE INTEGRATION.

    PIP is available as open source software & GT.M
    GT.M is a database engine with scalability, proven in the largest real-time core processing systems in production at financial institutions worldwide

    TRUST ACCOUNTING
    ‘Trust Organization’ on the CLOUD, integrated trust and investment accounting solutions deliver flexibility and responsiveness affluent and high-net-worth clients demand FIS produce suite straight-through processing:
    Cash Sweep Services; Trust Accounting Processing, Integrated portfolio management, Trust Operations Outsourcing…offers proven treasury management solutions for commercial and corporate banking institutions

    FIS Lending Solutions are used to better market, sell, process, and close loans through all distribution channels, including retail, wholesale, Internet, and correspondent. Whether you’re looking to update one area of your lending business or install a comprehensive solution from start to finish, you can turn to FIS for the lending expertise and technology you need for your institution

    FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information
    Data collection and account aggregation
    Outbound data interchange
    International data interchange
    Bank administration and operations
    Comprehensive security

    FIS’ extensive reporting bank network, robust infrastructure, and technical expertise enable us to offer a unique mix of custom technology and economies of scale.

    FIS Primary Provider since 1990′s IRS & Government Benefit Disbursements – With the introduction of our leading ebtEDGE solution in the early 1990s, FIS established itself as a pioneer in the government benefits marketplace. As government benefit program complexity continues to rise, state agencies require solution partners that can address their comprehensive needs – including consolidated services for WIC, EBT, child support, child care, wireless payment solutions, payment cards and more. With more than 40 state relationships spanning numerous government benefit programs, FIS is the logical choice.

    FIS RECEIVABLES Management: Speed the collection of payments and deposits while streamlining receivables management. Choose from FIS’ broad range of solutions to simplify and automate payment processing, posting, and reconcilement of deposits from multiple sources such as lockboxes and EDI.
    Our flexible receivables management products include:
    Retail Lockbox
    Remote Deposit Capture
    Wholesale Lockbox
    Just Pay It
    EDI Translation
    Virtual Vault

    Payables Management

    Offer commercial customers the convenience of automated payments
    Help your commercial customers leverage the processes associated with checks, ACH, wire transfers, and cards. Use FIS payables management to automate payments to suppliers, vendors, and employees. Customers can save time and money with our bill payment products, including:
    Business eBanking
    Corporate eBanking
    ACH Processing
    Check Outsourcing
    Bill Presentment and Payment
    Integrated Payables
    eWire Solution

    Data Interchange

    Cost-effectively meeting your customers’ information needs
    Many corporate and middle-market customers have multiple banking relationships, requiring the aggregation of balance and transaction information from a variety of external sources. Even small businesses are challenged with how to best monitor and manage their various bank relationships. The FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information, so businesses can focus on the information itself rather than how to retrieve it. Our solution set offers:
    Data collection and account aggregation
    Outbound data interchange
    International data interchange
    Bank administration and operations
    Comprehensive security

    FIS’ Cash Concentration and Disbursement solutions enable corporate and business customers with multiple locations to easily and securely consolidate funds in order to better manage their daily cash position. Flexible input options, robust reporting capabilities, and bank-defined ACH processing parameters enable banks to tailor solutions that span the cash management needs of the simplest small businesses to the most complex corporations. Easy-to-use self-service capabilities give customers control over their reporting structure, user access, and entitlements.
    FIS’ Cash Concentration and Disbursement offerings include:
    Web Automated Cash Concentration
    Web Cash Concentration

    Brandable – FIS eBill solutions are highly configurable, allowing you to determine labels, logos, colors, and messages. This significantly reduces the time it takes to redesign statements for online presentment, because you can do all the preparation before your customers ever receive them online. Finally, you can give your customers customized bills and statements that are of value to them.

    2011 Fidelity National Information Services, Inc. and its subsidiaries.

    About FIS
    FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit http://www.fisglobal.com.

    About Bridge Bank
    Bridge Bank, National Association is Silicon Valley’s full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website web at http://www.bridgebank.com.

    JACKSONVILLE, Fla., Aug. 11, 2011 − FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that Bridge Bank has deployed FIS’ Integrated Banking Services (IBS) core banking platform.

    Serving the professional business community since 2001, Bridge Bank (NASDAQ: BBNK) has grown to more than $1 billion in assets, with offices nationwide. With its focus on small, middle market and emerging technology businesses, Bridge Bank selected IBS for its strong commercial functionality, scalability and flexibility. The bank also deployed FIS’ eBanking, TrustDesk® and ACH processing in addition to IBS, which integrates easily with a wide range of solutions

  3. Freddie Mac is one of the nation’s largest investors in residential mortgages, helping home buyers save billions of dollars on their home loans each year. Chase, GMAC-RFC, Norwest Mortgage and Bank of America represent more than $400 billion dollars in mortgage originations each year, based on relationships with a vast majority of real estate and mortgage professionals.

    The acquisition of Tuttle Decision Systems and its Electronic Services Platform enables HomeAdvisor Technologies to link data capture, decisioning and underwriting engines and third-party service providers to mortgage pricing conduits in the secondary loan market. Tuttle’s technology links more than 800 mortgage banks across the country to the nation’s largest mortgage conduits and facilitated the electronic registration of more than $26.5 billion in mortgages last year. Seamless data exchanges and integration of key underwriting engines and loan origination systems enable HomeAdvisor Technologies to save considerable time and money for both consumers and industry professionals.

    “This unique venture is a natural extension of Chase’s long-standing relationship with Microsoft and brings together highly trusted companies and industry leaders that share a clear vision for creating new business models for the Internet economy,” said Denis O’Leary, executive vice president of Chase Manhattan and head of Chase.com. “The formation of HomeAdvisor Technologies is an example of how Chase Home Finance, the nation’s leading mortgage originator and servicer, is using the Internet to deepen relationships with Chase’s entire home financing customer base — correspondents, brokers, realtors and corporate customers.”

    HomeAdvisor Technologies will maintain its strong ties to MSN through a long-term commercial agreement that makes HomeAdvisor.com the network’s exclusive channel for home, real estate and mortgage decisions. This relationship provides MSN customers with best-of-breed decision tools and marketplaces for every home-related decision, which gives HomeAdvisor.com customers access to the most integrated shopping and e-commerce experience available on the Web today.

    “We’ve taken a critical look at several industry players and now know that Microsoft is the mortgage technology company best positioned to deliver real value to its customers,” said Bruce Paradis, president of GMAC-RFC. “The combination of its technology leadership with our deep relationships and expertise in the mortgage finance industry make for a formula that will be extremely tough to beat.”

    “As the nation’s largest direct lender to consumers, we are very excited to enter into this relationship,” said Pete Wissinger, president and CEO of Norwest Mortgage Inc. “HomeAdvisor Technologies extends our ability to improve the value and service we provide the American home buyer. It is a natural fit with our ongoing strategy to serve our customers when, where and how they want to be served.”

  4. http://www.secinfo.com/$/SEC/SEC.asp?D=14D5a.u8545

    FREDDIE MAC & FANNIE MAE (GSE) PORTAL
    (CLOUD) Approved Vendor List 7/19/2011
    UNIFORM MORTGAGE DATA PROGRAM
    UNIFORM DATA COLLATERAL

    Definition of a UDC
    Document File ID ’1100000A2D’
    File Identifer listed inside of CTS-Link Remitter & Collateral Files links Appraisal submissions of Appraiser, Lender, Seller, Purchaster to INVESTOR including both (GSEs) INVESTOR & LENDER & SELLER Loan# documented inside of UDC documents processed via portal by Lender Admistrator and

    eFannieMae . com
    Uniform Collateral Data Portal (UCDP)
    September 1, 2011 effective date for use of Uniform Appraisal Data set (UAD)-compliant forms quickly approaching.

    Appraisal report forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
    – The loan application is dated on or after December 1, 2011, and
    – An appraisal report is required.

    INFORMATION TECHNOLOGISTS UNDERSTAND ‘data’ bases must be updated, tested, for new open system platform development, systems wil run parallel. Major changes underway include dissolution of MERS entity and the National Registry status? of MIN Identifer 18 digits (7 Member ID) 10 Agreement Numeric Identifer -1 Control Prefix insuring unique number.

    UCDP General User Guide discusses new 15 digit numeric placeholder. New number? Unique to FREDDIE/FANNIE/LENDERS/SELLERS?

    Vendor-provided solutions that offer an integrated system interface to UCDP. A list of technology vendors that plan to provide a vendor solution with an integrated system interface to UCDP is provided below. The list will be updated frequently over the next several months as vendors are added.

    FIS – ORIGINATION – GSE Vendor approved Freddie & Fannie

    Loan Syndication and Trading – integrated functional modules that support the lending process from deal building through servicing and trading

    FIS is one of the world’s top-ranked technology providers to the banking industry. With more than 30,000 experts in 100 countries, FIS delivers the most comprehensive range of solutions for the broadest range of financial markets, all with a singular focus: helping you succeed. Every FIS solution has the strength you need for profitability today, and the power to help you manage whatever comes next.

    FIS is part of the S&P 500. FIS has also been named the number one overall financial technology provider in the world by American Banker and Financial Insights (FinTech 100).

    FIS ‘PREFERRED AND ONLY ORIGINATOR’ LISTED AS APPROVED VENDOR OF NEW PROGRAMS. VENDOR LIST BELOW incorporates all of its global subscribers related to real estate industry. ‘EXCLUDES’ Small …’

    Midtier and Large Banking – flexible channel, integration and core solutions to meet every banking need from originations to servicing.

    Uniform Collateral Data Portal (UCDP)
    Solution Providers as of (Vendor/AMC List) July 19, 2011

    -ACI – appraisal . com
    -a la mode, inc. Mercury Network
    -Avista Solutions, inc. – Avista Agile(tm) Loan Origination System (LOS)
    -Bradford Technologies, inc. – Appraisal/World Connection
    -Calyx Software – Point(r) PointCentral(r)
    -CORE LOGIC VALUATION SERVICES – CORE LOGIC APPRAISAL MANAGEMENT SERVICES
    -ELLE MAE, INC. – eNCOMPASS 360(R)
    -FIS – ORIGINATOR
    -Fisserv – EasyAccess & Unlflo Pro Mortgage
    -FNC, Inc. – Collateral Management System (r) (CMS) & Collateral -Headquarters ™ (CHQA)
    -Global DMS, LLC – OASIS Valuation Management Platform & ——–Global Klnex WebServices
    -IBM – Impact Loan Origination System
    -InHouse, Inc – Connexions (AssS&Appraisal Management Services)
    ISGN – Appraisal Services
    -Kirchmeyer & Associates, Inc – Kichmeyer Order Management System
    -RealEC Technologies – RealEC Collaborative Partner Network
    -LenderVend LLC – Appraisal Fufilment Services
    -MortgageFlex System – The Residential Lending System
    -Prime Alliance Solutions – Lending Suite
    -ServiceLink Valuation Solutions, LLC – Vision Integrations, Valuation Products
    -Solidifil – Solidifil Values ™
    -Veros Real Estate Solution – VeroSELECT & Valuation Risk –Management System (VRM) Sapphire (backoffice UCDP)
    -ValuAmerica – ValuNet

    https : // www . efanniemae . com/sf/technology / commitloandel / ucdp / pdf / ucdpvendorlist . pdf

    Data and open system platform changed economic landscape and intent of INVESTORS’s TRUSTEE taking possession of property in deceptive — perhaps larcenous manner.

    Data portals ‘Servicer’ OWNER OF MORTGAGE LOAN
    FANNIE’s new open system platform ‘FIS’ Originator controls the nationwide network of bank attorney’s, lawyers, title & settlement agents, agencies, insurance companies, who are ‘authorized’ integrators on the ‘Cloud.’

    TRANSACTIONS CAN BE FOLLOWED, NOT THE MONEY.

    Attorney’s and client’s of Origination transaction documents, servicing transactions documents, and BATES ‘discovery’ documents, may not realize data identifiers in report reveal the system,, gateways, portals, requests for documents passed through will have detailed data records defending Investor, Lender, Seller, Appraiser, Underwriter, …

    Accurate business documents exist stored in specified locations of ‘originator’ or evault provider identified in MERS data records, an example.

    Transactions via CLOUD may affix in image “TD” ‘LPS’ ‘LSI’ ‘eLYNX’ are data identifier’s on data reports, forms related to Escrow Services c/o Qualified Intermediary directly related to ‘Certificate Insurance Guaranty’

    ORIGINATOR Fidelity Information Services, MERS, eLynx, Services-Link, LPS/DOCX,
    including FREDDIE MAC UMD ID: 1100000A2D 10 digit document file identification.

    FREDDIE MAC ‘website: freddiemac.com ‘search’ collateral
    UNIFORM MORTGAGE DATA PROGRAM
    June 2011
    Uniform Collateral Data Portal ‘UCDP’

    Users CREATED in UDCP “Lender Administrator’
    Users INVITED INto UCDP ‘Invited General User’

    Lender Administrator (Organizational setup) or Lender Admin is a UCDP user who has the authority to set up and manage your company’s business structure within the portal, including the access privileges of other users, at the business unit or enterprise level.

    The Lender Admin can either “create” a general user in UCDP (created users) or “invite” a general user to register for UCDP (invited user).

    General users have access to all of the functions described herein (except the ability to change passwords and to invite and/or create users, which is reserved for the Lender Admin). Read-only users can only read information on the screen and do not have a Submit Appraisal option on their Home page

    GSE Sellers acess to ‘joint’ GSE website. UCDP user agreement does not amend or supplement Agreemnt between you and either GSE.

    FREDDIE MAC SELLERS

    ‘FREDDIE MAC’S EXCLUSIONARY LIST
    SELLER’S ABILITY TO SELECT APPRAISAL MANAGEMENT COMPANY (OR OTHER PARTY) NOT ENDORSEMENT OR APPROVAL OF THE APPRAISAL MANAGEMENT COMPANY, DOES NOT RELIEVE SELLER OF ANY OBLIGATIONS PURSUANT TO SELLER’S OTHER PURCHASE DOCUMENTS INCLUDING REQUIEMENTS GUIDE SECTION 2.24 RELATED TO EXCLUSIONARY LIST.

    SUBMITTING AN APPRAISAL:
    LOAN SUBMISSIONS:
    SEARCH PREVIOUSLY SUMBITTED APPRAISALS:
    EDIT/VIEW APPRAISAL INFORMATION:
    ADDING ANOTHER INVESTOR, GSE:
    GENERATING REPORTS:
    APPRAISER LICENSE VERIFICATION:
    (GUIDANCE FOR LENDERS AND APPRAISERS)…

    Who should read this manual?
    This User Guide is intended for loan officers, underwriters, appraisal management companies, and others who use UCDP to submit appraisal data files to the GSEs, resolve problems with the appraisal data file submissions, and generate reports from UCDP

    The Uniform Collateral Data PortalSM (UCDPSM) is the Web-based portal lenders and their designated agents use to electronically submit appraisal data files prior to loan delivery to Fannie Mae and/or Freddie Mac (Government Sponsored Enterprises or GSEs). Through UCDP, you can submit up to 10 appraisal data files at a time, search for previously submitted appraisal data files, clear exceptions, and view reports. NOTE: The use of UCDP does not relieve lenders of any obligations under the Fannie Mae or Freddie Mac Guides, as applicable, including the representations and warranties they are required to make about the accuracy and sufficiency of appraisals relating to mortgages that are sold to either Freddie Mac or Fannie Mae, including adherence to the Uniform Appraisal Dataset (UAD) standards

    FannieMae & FreddieMac
    Uniform Collateral Data Portal (UCDP) General User Guide
    [PDF 4.7M] New
    Uniform Collateral Data Portal (UCDP) Lender Agent Admin User Guide [PDF 2.8M] New
    Uniform Collateral Data Portal (UCDP) Reference Series for the Lender Admin [PDF] New

    SUBMIT APPRAISAL, UNIQUE DOCUMENT FILE ID assigned to be used for LOAN DELIVERY to both GSE’s.

    SUBMIT APPRAISAL ‘Electronic Appraisal data file (XML with embedded PDF) FOR A LOAN.

    EVERY SUBMISSION ASSIGNED “Doc File ID’ WHICH YOU MUST INCLUDE WITH EVERY LOAN PACKAGE DELIVERED TO ‘GSE’

    SUBMIT MAXIMUM 10 APPRAISAL DATA FILES AT TONE TIME.
    ONE TO THREE APPRAISALS (MAXIMUM) FOR ONE LOAN, NEVER MORE THATN 10 APPRAISAL DATA FILES FOR ‘ONE’ SUBMISSION.
    MAXIMUM 12 MB FOR PDF, 15 MB FO RXML TOTAL 100MB ‘TRANSMISSION’

    REQUIRED FIELDS:
    BUSINESS UNIT – UCDP assigned business units
    SUBMIT TO GSE FREDDIE and/or FANNIE
    LENDER LOAN NUMBER – UNIQUE LOAN # MAX 15 CHARACTERS
    FANNIE MAE S/SN OR
    NON S/SN ID (Select the Seller Servicer Number (S/SN) or
    Non-Seller Service Number (Non S/SN
    FREDDIE MAC S/SN OR TPO# – Select Seller/Servicer Number (S/SN or Third Party Originator Number (TPO) from dropdown
    FILE NAME LOCATION: Uploan appraisal data file ‘Appraisal 1′…
    INSTITUTION ID: eNTER fANNIE-mAE – SPECIFIC id THAT IDENTIFIES THE LENDER OR BRANCH THAT ORIGINATED THE LOAN
    INSTITUTION ID IS IDENTICAL TO FIELD IN DESKTOP ORIGINATOR (DO)/DESKTOP UNDERWRITER (DU) SUBMISSIONS.
    UCDP DOES NOT EDIT OR VALIDATE THIS VALUE.
    FILE ID: ENTER FANNIEMAE-SPECIFIC ID THAT REFERS TO DESKTOP UNDERWRITER (DU) CASE FILE ID
    DELIVERY S/SN – ENTER ORIGINATOR’S FREDDIE MAC-SPECIFIC SELLER OR BRANCH NUMBER IF ITS DIFFERENT FROM THE SELLER #
    LOAN PROSPECTOR KEY – ENTER FREDDIE MAC-SPECIFIC NUMBER THAT REFERS TO THE LOAN PROSPECTOR AUS KEY

    INSTITUTION ID AND CASE FILE ID, DELIVERY S/SN AND LOAN PROSPECTOR ‘SUBMIT APPRAISAL’ PAGE 23 OF 92
    UCDP GENERAL USER GUIDE

    OBSERVATION.
    Inside SEC Documents, information captured in ‘FWP’ Free Writing Prospectus, Lender Loan Number, Zip Code, Appraisal Value
    source data from ‘appraisal documentation’ reviewed by GSE via UCDP

    ‘Consumer name and physical address as borrower omitted inside FWP. Deal between FREDDIE MAC ‘Investor’ and LENDERS Loan# and info inside UCDP includes borrower’s name and physical address, and appraisal, and Loan Information for approval.

    USERS CAN EDIT LENDER AND LOAN INFORMATION
    CANNOT EDIT ACTUAL DATA FROM APPRAISAL DATA FILE. YOU MUST OBTAIN A ‘CORRECTED APPRAISAL DATA FILE’ FROM THE APPRAISER AND UPLOAN AGAIN.

    EDITABLE FIELDS ARE:
    LENDER LOAN NUMBER
    FNM S/SN OR NON S/SN ID
    FNM INSTITUTION ID
    FNM CASE FILE ID
    FRE S/SN OR TPO#
    FRE DELIVERY S/SN
    FRE LOAN PROSPECT KEY

    NON-EDITABLE FIELDS:
    Doc File ID
    Date Submitted
    Last Update
    LENDER NAME
    Business Unit
    FNM Status
    FRE Status

    UCDP ‘User’ submits changes.

    TO ADD GSE
    ADD ‘INVESTOR’ THE OTHER GSE AUTOMATICALLY APPEARS.

    ADDING ANOTHER GSE TRIGGERS NEW APPRAISAL SUBMISSION PROCESSED.
    DOES NOT AFFECT GSE SUBMITTION IN PROGRESS.

    APPRAISAL DATA FILES ARE AVAIABLE FOR THIREE YEARS FROM INITIAL SUBMISSION AND PROVIDES CHRONOLOGICAL AUDIT TRAIL FOR DTAA SUBMISSION.

    FNM SELLER NUMBER
    FRE SELLER NUMBER
    FNM AND FRE SELLER NUMBER
    LENDER NAME

    EXAMPLE REVEALS ALL APPROVAL TRANSACTIONS MAY BE OVERRIDDEN

    Appraisal freport forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
    – The loan application is dated on or after December 1, 2011, and
    – An appraisal report is required.

    eFanniemae approved vendor of ‘Origination’

    FIS=MORTGAGE LOAN ORIGINATION SOLUTIONS
    Loan Originator Solutions serves as a point of sale component for retail and third party origiantion of mortgage and home equity loans in the top 100 lending financial institutions, like TD Financial Services. Subscribers via CLOUD submit electronic home equity and mortgage applications. Loan Originator pricing engine for real estate eligibility and pricing, as well as vendor selection engien to manage connections to third party service ordering for loan fulfillment (LOS) enables LENDERS fully automate Origination, processing and closing functions for their residential mortgage and consumer operations. LOS is the community bank and credit union mortgage loan origination solution for FIS, supporting the origination of mortgage loans sold on the secondary market. FLO services wide range of domestic banks and thrifts seeking automation to originate consumer, commercial, HELOC and portfolio mortgage eloans. FLO browser based provides wide range of loan origination functionality including warranted document selections, flexible IntelleDoc technology, and third party interfaces all coupled with SEAMLESS CORE INTEGRATION.

    PIP is available as open source software & GT.M
    GT.M is a database engine with scalability, proven in the largest real-time core processing systems in production at financial institutions worldwide

    TRUST ACCOUNTING
    ‘Trust Organization’ on the CLOUD, integrated trust and investment accounting solutions deliver flexibility and responsiveness affluent and high-net-worth clients demand FIS produce suite straight-through processing:
    Cash Sweep Services; Trust Accounting Processing, Integrated portfolio management, Trust Operations Outsourcing…offers proven treasury management solutions for commercial and corporate banking institutions

    FIS Lending Solutions are used to better market, sell, process, and close loans through all distribution channels, including retail, wholesale, Internet, and correspondent. Whether you’re looking to update one area of your lending business or install a comprehensive solution from start to finish, you can turn to FIS for the lending expertise and technology you need for your institution

    FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information
    Data collection and account aggregation
    Outbound data interchange
    International data interchange
    Bank administration and operations
    Comprehensive security

    FIS’ extensive reporting bank network, robust infrastructure, and technical expertise enable us to offer a unique mix of custom technology and economies of scale.

    FIS Primary Provider since 1990′s IRS & Government Benefit Disbursements – With the introduction of our leading ebtEDGE solution in the early 1990s, FIS established itself as a pioneer in the government benefits marketplace. As government benefit program complexity continues to rise, state agencies require solution partners that can address their comprehensive needs – including consolidated services for WIC, EBT, child support, child care, wireless payment solutions, payment cards and more. With more than 40 state relationships spanning numerous government benefit programs, FIS is the logical choice.

    FIS RECEIVABLES Management: Speed the collection of payments and deposits while streamlining receivables management. Choose from FIS’ broad range of solutions to simplify and automate payment processing, posting, and reconcilement of deposits from multiple sources such as lockboxes and EDI.
    Our flexible receivables management products include:
    Retail Lockbox
    Remote Deposit Capture
    Wholesale Lockbox
    Just Pay It
    EDI Translation
    Virtual Vault

    Payables Management

    Offer commercial customers the convenience of automated payments
    Help your commercial customers leverage the processes associated with checks, ACH, wire transfers, and cards. Use FIS payables management to automate payments to suppliers, vendors, and employees. Customers can save time and money with our bill payment products, including:
    Business eBanking
    Corporate eBanking
    ACH Processing
    Check Outsourcing
    Bill Presentment and Payment
    Integrated Payables
    eWire Solution

    Data Interchange

    Cost-effectively meeting your customers’ information needs
    Many corporate and middle-market customers have multiple banking relationships, requiring the aggregation of balance and transaction information from a variety of external sources. Even small businesses are challenged with how to best monitor and manage their various bank relationships. The FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information, so businesses can focus on the information itself rather than how to retrieve it. Our solution set offers:
    Data collection and account aggregation
    Outbound data interchange
    International data interchange
    Bank administration and operations
    Comprehensive security

    FIS’ Cash Concentration and Disbursement solutions enable corporate and business customers with multiple locations to easily and securely consolidate funds in order to better manage their daily cash position. Flexible input options, robust reporting capabilities, and bank-defined ACH processing parameters enable banks to tailor solutions that span the cash management needs of the simplest small businesses to the most complex corporations. Easy-to-use self-service capabilities give customers control over their reporting structure, user access, and entitlements.
    FIS’ Cash Concentration and Disbursement offerings include:
    Web Automated Cash Concentration
    Web Cash Concentration

    Brandable – FIS eBill solutions are highly configurable, allowing you to determine labels, logos, colors, and messages. This significantly reduces the time it takes to redesign statements for online presentment, because you can do all the preparation before your customers ever receive them online. Finally, you can give your customers customized bills and statements that are of value to them.

    2011 Fidelity National Information Services, Inc. and its subsidiaries.

    About FIS
    FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit http://www.fisglobal.com.

    About Bridge Bank
    Bridge Bank, National Association is Silicon Valley’s full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website web at http://www.bridgebank.com.

    JACKSONVILLE, Fla., Aug. 11, 2011 − FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that Bridge Bank has deployed FIS’ Integrated Banking Services (IBS) core banking platform.

    Serving the professional business community since 2001, Bridge Bank (NASDAQ: BBNK) has grown to more than $1 billion in assets, with offices nationwide. With its focus on small, middle market and emerging technology businesses, Bridge Bank selected IBS for its strong commercial functionality, scalability and flexibility. The bank also deployed FIS’ eBanking, TrustDesk® and ACH processing in addition to IBS, which integrates easily with a wide range of solutions.

  5. Marilyn, when I was sold a loan by the mortgage broker, the mortgage broker calls and says congratulatons, your approved for $xxx,xxx amount of cash. I purchased cash in exchange for credit, c/o DEED OF TRUST, promised to pay back ‘owner’

    Answer CREDIT.

  6. What about Norwest Corporation’s relationship with Fidelity National Insurance and Alt A ….

    FNF could be the next domino to fall.

    Schuette said criminal investigative subpoenas were sent to four companies, which have until June 30 to provide documents “regarding the mortgage processing companies’ operations in relation to foreclosure and/or bankruptcy-related document processing,” Schuette’s office said in a prepared statement.

    http://www.businessweek.com/ap/financialnews/D9NT395O0.htm

    Schuette said the companies are affiliated and lists them as Lender Processing Services Inc., Fidelity National Financial Inc., CT Corporation System, and DocX.

  7. Lenders Processing Services & Mers embroiled as big banks scramble putback claims litigations …

    Tyler Durden for full article 7/6/2011 Search Google
    Litigation Embroiled LPS On The Edge After CEO Quits “For Health Reasons”

    “Lender Processing Services Inc (LPS.N) LPS, which together with MERS, has long been at the heart of the fraudclosure scandal courtesy of loan appraisals which even the FDIC claims were/are fraudulent, just fired a big red warning sign about its continued existence as a going concern after the CEO, Jeffrey Carbiener, just announced he is resigning “due to health concerns.”

    LPS CEO interim Lee Kennedy, its executive chairman.

    The mortgage processing services provider executive chairman and CEO of LPS’s former parent Fidelity National Information Services, will remain the executive chairman $1.7 billion company.

    LPS facing various faces various legal and regulatory issues over its alleged role in wrongful foreclosure practices.

    http://livinglies.wordpress.com/2011/08/13/all-about-mers-in-footnotes-to-senate-testimony/

    ALL ABOUR MERS IN FOOTNOTES TO SENATE TESTIMONY

    Don’t forget FIS, FNS, LPS, DOCX, TD Financial Services, TD Services, TD Escrow Services, eLynx, MERS, …, integrated vendors, servicers on CLOULD, portals through which robo-firms purchase documents – eAllonges, for example, blank paper printed on top word Allonge listing all of the unrecorded mortgage-backed notes traded and not recorded in the County Clerk and County Recorders Registry.

    Don’t forget about MERS COMMERCIAL National Registry in which Version 1.0 March 2003 discusses destroying original note so eNotes may be repoduced ad-hoc as needed.

  8. Hi Marilyn.

    Very wise men shared with me last night a contract is between two parties. Ask yourself who were the two parties?

    We thought they lent us cash.

    We thought the cash was used to pay off existing loan.

    No, the cash was issued to pre-fund investments and by 90 days to purchse mortgage-backed note.

    Temporay Lender cash deposited into institutional bank seller’s pass thru agency. The cash daily invested in short term investments over 90 days and the low ball REO purchase price of the loan placed into forced default to move it out of the trust will become cash taking out of pre-funding mones paid by the Institutional Investors’ Non-Depository Trust Co. The Seller will purchase the mortgage-backed note and resell. The prior loan will be placed infto forced default and the Servicer after 90 days will sell to new ‘Issuign Entity’ c/o Pass Thru Agency of Purchaser.

    Credit was extended, the co-signor is the loan trust.

    The Servicer? No we did not sign with the Servicer, but the Servicer was servicing the new loan making sure the payments were applied in order that the loans were ‘performing.’

  9. Back in the day, Fidelity National Insurance owned by Norwest Corp
    Norwest Corp also owned Alt-A Land ….. All owned by WFC 11/2/98.

    Meet Fidelity National Financial MANAGER OF SEC REPORTING AT FIDELITY NATIONAL FINANCIAL Past: Sr Auditor Ernst & Young

    Or the Statutory Accountant at FNF in FL

    Or Senior Internal Auditory at FNF
    1,736 employees public profiles on Google. Company profile as written by employees

    Fidelity National Capital is a specialized independent leasing company providing technology financing solutions to middle-market and large corporatations throughout the United States. Headquartered in Jacksonville, FL., Fidelity National Capital is a wholly-owned subsidiary to the largest title insurance provider in the United States – Fidelity National Financial, Inc. (NYSE: FNF).
    Specialties. Financing, Technology, Equipment Leasing

    FNF Technologies is a distributor of high end computer technology and hardware. We aim to bring the highest level of customer service to our clients, whether to businesses or general consumers. We strive to maintain the highest level of professionalism and work with you to find a product and service combination to fit your needs

    ImageIQ Inc. is a software development firm specializing in re-engineering existing business systems and processes.
    Previously ImageIQ developed one of the only web based image recognition solutions which it sold it FNF Canada Company, a division of Fidelity National Financial in December of 2009.

    ServiceLink is a leading provider of origination and default services and is the national mortgage services platform for the Fidelity National Financial family of companies (NYSE:FNF). Leveraging our industry leading technology platform, VisionSM, we offer a complete suite of title, settlement, appraisal, default and asset management related products and services.
    As one of the most experienced mortgage services providers in the United States, ServiceLink employs more than 1,200 associates, each an important part of our “Serve First” culture and exhibiting an overriding commitment to quality and long-term strategic partnerships. “Consider it Done” is not just a tag line for our company, but a testament to our culture, associates and the expectations of our customers.
    ServiceLink is licensed to operate in all 50 states and services eight of the top ten lenders in the United States. ServiceLink is an operating division for five Fidelity National Title Group (FNTG) underwriters that include: Chicago Title, Fidelity National Title, Ticor Title, Alamo Title and Security Union

    Chicago Title and Trust Co. dates back 160 years through the succession of several firms and corporations that were engaged in the abstract and title business in Cook County, Illinois.
    It is our goal to be the market leader in providing the highest level of customer satisfaction from products and services designed for the real estate industry. We will achieve this goal through the relentless execution of:
    * Exceptional Customer Service
    * Commitment to Employee Development
    * Intelligent Use of Technology
    * Superior Operating Efficiency

    Title America Company
    For more than a century, Ticor Title has been a premier leader in the title insurance industry. Providing our customers with an unmatched combination of professional expertise, exemplary customer service and rock-solid security is the foundation of our business.
    Ticor’s tremendous financial strength is backed by claim reserves of $2.6 billion – the largest in the industry. Our claims-paying ability provides customers peace of mind and consistently earns “A” ratings or higher from Standard & Poor’s and Moody’s.
    Ticor is a proud member of the Fidelity National Financial, Inc. (NYSE: FNF) family of title companies, which collectively represent the largest title insurance and escrow services company in the U.S. Fidelity is a proud member of the Fortune 500 and has been recognized by Forbes in 2004 as one of the “26 Best-Managed Companies in the U.S.” and by Fortune on its list of “America’s Most Admired Companies”

    Heritage Title Company began serving the real estate industry over 30 years ago. We provide the residential and commercial real estate markets with services such as: title insurance, foreclosure guarantees, closing services, construction disbursement, owner and encumbrance reports, as well as the coordination and closing services for any commercial or residential property in the United States.

    Heritage Title Company was formerly known as First American Heritage Title Company, changing our name after being purchased by the nation’s top underwriter, Fidelity National Financial. HTCO is now part of a publicly traded, Fortune 500 company that is at work in every state in the country. FNF also operates in Canada, Mexico, the Caribbean, the Pacific and the United Kingdom. In the last five years, Heritage Title closed over 110,000 transactions, each in accordance with their respective terms and conditions, as well as in accordance with the rules and regulations of the Division of Insurance and Real Estate Settlement and Procedures Act.

    With over 20 locations in Colorado, each staffed with friendly and experienced professionals who are dedicated to “Making Transactions Personal,” Heritage Title Company is an excellent choice to partner with in your next real estate transaction.

    Fidelity National Title Group (FNTG) is one of the nation’s largest and most respected title insurance and escrow services companies. The Company’s seven leading title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Lawyers Title, Ticor Title, Security Union Title and Alamo Title – issue approximately half of all title insurance policies in the United States. Through its direct operations and agencies, Fidelity National Title Group provides title insurance in 49 states, the District of Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and Canada.

    FNTG’s parent company, Fidelity National Financial, Inc. (FNF — number 523 on Fortune’s list of America’s largest companies — provides flood insurance, property and casulty insurance and home warranty insurance through our specialty insurance business. FNF is also a leading provider of outsourced claims management services to large corporate and public sector entities through its minority-owned subsidiary, Sedgwick CMS.

    Specialties
    Title Insurance, Escrow and Settlement Services, Property Research, Multi-Site/Multi-State Transaction Coordination, UCCPlus/Article 9 Insurance

    For more than a century, Ticor Title has been a premier leader in the title insurance industry. Providing our customers with an unmatched combination of professional expertise, exemplary customer service and rock-solid security is the foundation of our business.

    Ticor is a proud member of the Fidelity National Financial, Inc. (NYSE: FNF) family of title companies, which collectively represent the largest title insurance and escrow services company in the U.S.

    In addition to Ticor’s extensive direct and agency operations, as well as underwriting and title plant operations, Ticor is a pioneer in automation software, which reduces paperflow and significantly improves the efficiency of document imaging and electronic recording at county recorder offices.

    From the simplest to the most complex residential or commercial real estate transactions, let Ticor Title show you why customers continually turn to us for the reliability, responsiveness and security they need.

    Specialties
    Real Estate Title Insurance, Escrow Services

    Fidelity National Financial, Inc., a Fortune 500 company, is a leading provider of title insurance, specialty insurance and claims management services. FNF’s business divisions include:

    – Fidelity National Title Group (FNTG) is one of the nation’s largest and most respected title insurance and escrow companies. The five title insurance underwriters that comprise FNTG – Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title – currently issue residential and commercial title insurance policies throughout the U.S. In addition, ServiceLink provides centralized title and closing services to national lenders.

    In December 2008, FNF purchased Commonwealth Land Title and Lawyers Title in connection with the bankrucpty of LandAmerica Financial Group (LFG).

    – Fidelity National Property and Casualty Insurance Group is a nationwide provider of personal insurance products, including residential property, auto, flood and umbrella insurance.

    – Fidelity National Real Estate Solutions (FNRES) empowers brokers, MLS providers, agents, lenders, mortgage providers, service providers and other real estate professionals with world-class technology, services and information.

    Minority Equity Ownership:

    – Sedgwick Claims Management Services – provider of claims and productivity management solutions.

    – Ceridian Corporation – information services company in the human resources, retail and transportation markets.

    Related Companies: In 2006 FNF spun-off the public company Fidelity National Information Services (FNIS), and in 2008 FNIS spun-off the public company Lender Processing Services (LPS

    Fidelity National Financial mentioned in the News
    Fidelity National Financial Closes Issuance of $300M Notes

    citybizlist South Florida, Aug 3, 2011 Fidelity National Financial, Inc. Closes Issuance of $300 Million of 4.25% Convertible Senior Notes Due August 15, 2018

    PR Newswire via Yahoo! Finance, Aug 2, 2011 First Coast Ticker: Fidelity National Financial earnings send stock to two-year high

    The Florida Times-Union, Aug 2, 2011 Fitch Expects to Rate Fidelity National Financial’s Debt Offering ‘BB’; Affirms IFS Ratings

    Business Wire, Jul 29, 2011

    Public Company
    Company Size
    5001-10,000 employees
    Website http : // www . fnf . com
    Industry Insurance
    Founded 1984

    Headquarters
    601 Riverside Avenue
    Jacksonville, FL 32204
    United States

  10. @NancyDrewe
    When you dealt with a Bank as your mortgage originator,
    what did they lend you cash or credit?

  11. Temporay Lenders are the Nominee for the Owner of the Mortgage Note already purchased prior to borrower signing morgage promissory note. At the time the borrower signes the mortgage promissory note, the transactions all recorded inside DTC, NYSE, NASDAC, for the mortgage broker took your property thru the computer screen and sold the mortgage note inside of private pipelines through which FIDELITY’s CLOUD and intetrated network of vendors FIS (FNF, LPS, TD, LSI, MERS, eLynx, CTS-Link, ServiceLink, …) sell subscriptions to members / subscriblers through which unrelated transactions are recorded and ‘deposits’ lots of ‘deposits’ lots and lots of deposits are generated allowing institutional bankers and institutional investors to launder money in the largest ponzi-scheme of 21st Centruy.

    Mortgage note attached to the DEED OF TRUST was purchased and the note was separated from the debt, and what you signed was a promise to pay whoever claims they are the holder of the debt or they will take the DEED OF TRUST held in your name.

    Did you know when you signed the ‘mortgage promissory note’ that the lender was temporay maximum 90 days, and that the agreement was RETAIL with SERVICER not Lender.

    The become the LENDER after a 90 day default for they have to advance the funds in the event you are late. But big problem. Neither the owner of the mortgage note nor the lender of the funds advanced are recorded lawfully. So who do you let take your property and repurchase it as REO property now giving the ‘mortgage note owner’ the claim to the title they never had?

    You signed with the SERVICER responsible for collecting money for 90 days allowing money to be laundered as cash deposits thru pass thru agency, of the ‘temporary lender’ who acted in collusion in ponzi scheme a real one and bypassed Patriot Act regulations to record transactions in accordance with Patriot Act. Know what was not required to be recorded in this manner? Money related to residential transactions. GIVE ME LOANS and I’ll give you lots of rewards and move the cash deposits for me so that we don’t have to record in accordance with Patriot Act. SO SUCCESSFUL and profitable we now know.

    Insurance underwriting is big business – just ask Warren Buffett, who for years has used insurance and reinsurance premiums to fund his investments at Berkshire Hathaway.

    Temporary Lender (for maximum 90 days) becomes Master Servicer when PSA closes and will service GROUPS OF NOTES for ‘Issuing Entity’.

    The insurance you purchased during a refinance will be a Lenders Policy insured by Monoline Insurance Company and the risk will be subordinated with the local title agency.

    The parent of the Monoline Lender works with owners of mortgage notes and issues Fidelity Bonds and Error & Omissions Policies on other investments in which the mortgage notes are resold as collateral slicing and dicing.

    Transactions as recorded with County Clerk and County Recorder, were they lawful or unlawful?

    The mortgage note allowed an undisclosed third party to take possession of the property by deceptive acts.

    The undisclosed third party was not the party recorded on the mortgage backed note. When you signed the promissory note you may have been told the loan was already sold and given a goodbye letter. Or you were told nothing. But the party the loan was sold to is not the owner of the mortgage note, is only the Temporay Lender to be named as Master Servicer.

    The promissory note you signed with the party called LENDER was only a temporay lender and the one who launders money for the owner of the mortgage note. You thought the money was for the prior loan to payoff? NOPE.

    Who will be named in the event of a default?
    The only assignment recorded with the County Clerk was the Temporary Lender, and they are selling the right to collect the bad debt to a third party and will record that assignment. However did the party have the right to do so? Where is the authority to take the loan and resell the loan when the mortgage note owner is not named?

    YOU DON”T KNOW WHO anybody is. Unless you get a copy of the evidence – the moving of cash transacton between the institutonal investors’ underwriter agent the account holder who deposited funding into the seller of the loan’s treasury and that party is named as the temporary lender. And the ‘evidence’ sits in every bank attorney/closing agent files – copies of the depoists into the checking accounts of the settlement agent, etc which do reference in the ‘Remitter’ ordered by xxx and loan# which connects the transactions to you and the temporay lender.

    What Does Temporary Lender Mean?
    A mortgage lender that sells the loans it originates into the secondary market shortly after closing, as opposed to holding the loans in portfolio. Most lenders are temporary lenders.

    These lenders have a few options when selling loans.

    Security dealers may be willing to purchase the loans for the purposes of securitizing the assets for resale to investors.

    Other lenders may buy the debt and hold it in their portfolios.

    The temporary lender may also sell its loans into its own trust, as part of a securitization process.

    Temporary lenders make money in three primary ways.

    First, they charge fees to the borrower.

    Second, they originate loans at interest rates above par value which allows them to sell the loans into the secondary market for a premium price (the loan is worth more in the secondary market than the actual principal balance of the loan because of the above par interest rate).

    Third, depending upon the slope of the yield curve, they earn a warehouse spread for the time in which they are the holder of record of the loan (the interest rate on the loan is higher than the interest rate at which the lender borrows money to fund the loan – this spread is earned until the loan is sold into the secondary market).

    The ‘Mortgage-backed note’ promise to pay is what you signed.
    A type of promissory note associated wtih a particular mortgage loan.

    Mortgage-backed notes represent promise to repay a mortgage loan to somebody.

    These mortgage backed notes specify terms of the loan, including amount of interest and principal to be repaid.

    Creating an obligation of the borrower to make payments.

    The Mortgage-backed notes are not lawfully recorded in the name of the real owner rather in the name of the owner responsible to pay if you don’t pay.

    The mortgage note owner already busy laundering money and busy creating additional financial products reselling the mortgage-backed notes. Only possible by the way if the Monoline Insurnace Company issues a guarantee in the form of ‘credit wraps’ in mortgage backed securities and collateralized debt obligations and insure the ‘mortgage notes’ placed into the ‘Issuing Entity’ are performing for maximum 90 days. Credit Enhancement includes ‘Master Servicer’ selling servicers portfolios of loans inside the Issuing Entity are required to pay the non-performing loans that were inside the ‘FWP’ prior to the PSA closing.

    A-Note (One Group:)
    The highest tranche of an asset backed security or other structured financial product. An A-note is senior to other notes, such as B-notes in bankruptcy or other credit proceedings, and is paid back first with funds from the underlying assets. They can be labeled AAA, AA, or A, depending on the credit quality of the underlying asset. Can also be referred to as a class a note.

    Lower tranches of notes are referred to as subordinate notes. While an A-note does offer more credit protection than other notes, investors in this tranche must still pay attention to the credit worthiness of investments in the subordinate classes. If the risk levels of those investments increase, the chances of default and repayment risk rise.

    The secondary tranche in a commercial mortgage-backed security. B notes are a component of A/B financing or A/B/C financing. They have a lower credit rating than a class-A notes, but a higher credit rating than a class-C notes. The financed property serves as collateral for a B note.

    ‘ B note”.
    As long as the borrower is paying the mortgage on time (in other words, as long as the loan is performing), investors in all tranches will receive their respective shares of the borrower’s payments concurrently. However, if the borrower defaults, holders of class A notes are paid their interest and principal payments before holders of class B notes.

    Similarly, holders of class B notes are paid before holders of class C notes. The interest rate and rating on class B notes reflects this level of risk. Alternatives to A/B note or A/B/C note financing include preferred equity, mezzanine debt and second mortgages, all of which are forms of secondary financing used in addition to a first mortgage

    What Does Asset-Backed Security – ABS Mean?
    A financial security backed by a loan, lease or receivables against assets other than real estate and mortgage-backed securities. For investors, asset-backed securities are an alternative to investing in corporate debt.

    An ABS is essentially the same thing as a mortgage-backed security, except that the securities backing it are assets such as loans, leases, credit card debt, a company’s receivables, royalties and so on, and not mortgage-based securities

    What Does Monoline Insurance Company Mean?
    An insurance company that provides guarantees to issuers, often in the form of credit wraps, that enhance the credit of the issuer.

    These insurance companies first began providing wraps for municipal bond issues, but now provide credit enhancement for other types of bonds, such as mortgage backed securities and collateralized debt obligations. Investopedia explains Monoline Insurance Company

    Issuers will often go to monoline insurance companies to either boost the rating of one of their debt issues or to ensure that a debt issue does not become downgraded. The ratings of debt issues that are securitized by credit wraps often reflect the wrap provider’s credit rating.

    Along with providing credit wraps, monoline insurance companies also provide bonds that protect against default in transactions that deal with physical goods.

    What Does Reinsurance Mean?
    The practice of insurers transferring portions of risk portfolios to other parties by some form of agreement in order to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. The intent of reinsurance is for an insurance company to reduce the risks associated with underwritten policies by spreading risks across alternative institutions.

    Also known as “insurance for insurers” or “stop-loss insurance”. Investopedia explains Reinsurance

    Overall, the reinsurance company receives pieces of a larger potential obligation in exchange for some of the money the original insurer received to accept the obligation.

    The party that diversifies its insurance portfolio is known as the ceding party. The party that accepts a portion of the potential obligation in exchange for a share of the insurance premium is known as the reinsurer.

    FOR EXAMPLE, LENDERS POLICIES ONLY COVER A ‘STATED’ PERCENT NOT THE WHOLE LOAN. OTHER CREDIT ENHANCMENTS INCLUDE THE ‘SERVICER’ HAS TO PAY IF YOU DON’T PAY. AFTER 90 DAYS THE SERVICER RESELLS RIGHT TO COLLECT DEBT TO ANOTHER THIRD PARTY CONTRACTOR WHO WILL TRY TO ACQUIRE THE PROPERTY AS REAL ESTATE OWNED PROPERTY IN A SHERIFF SALE, OR TAKE YOU TO COURT IF YOU CONTEST AND FRUSTRATE THE COURT FOR A LONG TIME AND NOT PROVIDE EVIDENCE OF THE OWNER OF THE MORTGAGE NOTE.

    During the refinance, the LENDER is required to attach a LENDERS policy to protect in the event of a default and the LENDERS Policy follows the loan into the FWP and into the PSA which closes. What will happen to the owners policy when some borrower’s legal team reveals the mortgages were falsifed by forcing the old mortgage to go into force default for example to liquidate the loan, and purchased the property as real estate owned property using prefunding, the money you paid during the first 90 days to the temporary lender!

    The conglomerates who sold the mortgage note own insurance, banking, real estate insurers who continueally are transferring portions of risk portfolios to other parties by some form of agreement in order to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. The intent of reinsurance is for an insurance company to reduce the risks associated with underwritten policies by spreading risks across alternative institutions.

    Overall, the reinsurance company receives pieces of a larger potential obligation in exchange for some of the money the original insurer received to accept the obligation.

    The party that diversifies its insurance portfolio is known as the ceding party. The party that accepts a portion of the potential obligation in exchange for a share of the insurance premium is known as the reinsurer.

    So was the purchaser of the mortgage note a cedeing party?

    THE INVISIBLE HARD MARKET WE ARE IN:
    THE ECONOMY HAS TO STRENGTHEN (WHICH WILL INCREASE EXPOSURE),

    INSURANCE COMPANIES INVESTMENT INCOME WOULD STABLIZE,

    OR A MAJOR INSURABLE EVENT NEEDS TO OCCUR.

    CRASH OF ECOMONY! PAID FOR BY NONE OTHER US TAXPAYER

  12. William K. Black (put away thousand+ in S&L adjudications)

    Latest Keiser Report
    Banking Rackets & Financial Fraud (Awesome Clip)

    Must read to learn the truth that over past decade OCC & OTS regulators processed how many criminal referrals?

    Zero

  13. cubed2k and Christine

    Yes — the S & L crisis was quickly resolved. But, according to experts, it is not the same case this time around. Their answer — because certain government agencies — such as FDIC and OCC — did not control back then. Today, these government agencies control. And, the agenda is not the same. Current agenda is not to help victims survive — it is to help the perpetrator bank “investors” survive. And, diminished US global influence affects the decisions of controlling “entities.”

    Thus, the current agenda is to let victims falls — in the false notion of the betterment of the US economy as a whole.

    Too bad that the the victims spread — and the point of no return — may be approaching. .

  14. Corporate Name: Fiserv Solutions, Inc.
    Address: 1600 International Drive 2nd Floor
    City,State,Zip: McLean, VA 22102
    Toll Free Number: (800) 833-2593
    Direct Number: (703) 851-7800
    Fax Number: (703) 851-7801
    Primary Contact: Jack Sponsler
    Website: http://www.emergis.com
    Member Org ID: 1002941
    Lines Of Business: Vendor/Service Provider
    eRegistry Participant: Yes
    eDelivery Participant: Yes

  15. @Christine

    you wrote and I agree:

    “The only difference between my simplistic example and reality is that the book was rewritten by congress to first allow for the S&L to happen and, when they realized that it didn’t fly, they wrote it again, this time in such a fashion that it would become either impossible to prosecute without risking the country as a whole, or so difficult to understand that no one conscious of the time required to straighten out that mess would dare touch it with a 20 foot pole. Congress counted on the fact that it would “someone else’s job” to discover the monumental fraud, they would be long gone when that happened and “after me, the big flood”!””””””””””

    ———————————–

    But one must also realize that behind Congress are lobbyists and behind Lobbyists are WHO THEY WORK FOR – the banks and Wall Street.

    That regular quest on Dylan Ratigan show, Jimmy I think, says you have to get money out of politics and that is so true.

  16. YOU’RE RIGHT, MARILYN…they like to fill up space and confuse…we’re on to you, jerks…

  17. to me, all of you wanting Modifications
    is like saying to a crook
    ” could you steal a little less from me?”

  18. LOAN MODS ARE A SCAM TO WAIVE YOUR RIGHTS.

    “Servicer never divulges as to whether they are the current creditor to whom any payments will forwarded and not transferred to any other party, or whether servicer is acting on behalf of another party. If acting on behalf of another party — that party must sign the modification – servicer must disclose this.
    Yes, if loan was written off — any party (servicer/servicer acting on behalf of) who now holds collection rights – those rights are for an unsecured written-off debt. IRS will not let them collect twice. And, everything must be properly transferred. See Footnote 35 by TARP Oversight panel – below —

    “35 There are two documents that need to be transferred as part of the securitization process – a promissory note and the security instrument (the mortgage or deed of trust). The promissory note embodies the debt obligation, while the security instrument provides that if the debt is not repaid, the creditor may sell the designated collateral
    (the house). Both the note and the mortgage need to be properly transferred. Without the note, a mortgage is unenforceable, while without the mortgage, a note is simply an unsecured debt obligation, no different from credit card debt. See FBR Foreclosure Mania Conference Call, supra note 3.”
    In order for modification contract to be validly executed in the name of servicer — need proper transfer of note and mortgage to servicer. Not enough to just hold the note for someone else. This is a contract. Bankruptcy reform bill was voted down twice by Congress – why? afraid Americans would understand what was really going on. Better for them to con homeowners further by luring into false mod contract. .
    angry & NOT TAKING IT
    The servicer/debt collector (current creditor) do not care about who OWNED the written off debt — WE CARE — if they can get away with non-disclosure — they will — and deregulation says — they can. Debt buyers love to state the past creditor as the current creditor — but, legally, this is not the case — and it is fraud and in violation of federal law. Courts accept that past (possible) creditor is still current creditor because that is how attorneys present it– but , this is fraud and a big problem — and it is not being investigated as it should be.
    Consumer protection laws say no. Though not as strong as we would like — consumer protection laws do exist — have to use them to the fullest. Including any sale of loan to any party — as outlined by the TILA — (and FDCPA for that matter). Tired of looking at this whole mess from “investor” prospective — there are “security investors” and “distressed debt investors” — need to distinguish — and need to focus on consumer law and protection.
    Everyone has a right to know their current creditor. If that right is violated — so is federal law. If you do not know your current creditor — you will be affected for the rest of your life. Any modification you sign will be false. It is time to stop focusing on investors (who have been paid back – except they may not have earned the usury interest rate they thought they would) and start focusing on consumer fraud — and violation of our rights. Investors have gotten help — they were bailed out — WE NEED THE HELP NOW.
    It does not matter that security investors may have helped fund the banks — they were not then — and are not now — our creditor. What a bank does with receivables is their business — we have no contract with security investors — or servicers unless the servicer acquired legal title –and if so — say so — and say when and how (as required by law) — and for what price. And, say this before a modification is negotiated — it is ammunition. Any concealment is — simply fraud upon fraud.”

  19. tnharry,
    Yes they use ‘LSI’ when they produce the hard copies of the notes and you’ll find ‘LSI’ on discovery documents, etc, and directly related to question on bar codes

  20. did you seriously just copy and paste technical specs for a scanner????

  21. I see alot of plants on this site giving out information that only trys to confuse you.

  22. Transactions are the evidence.

    Keep integrating real evidence into Case Files. I’ll keep restating over and over how transactions are executed on the integrated information highway.

    Put on your football brain.
    While looking for transactions as evidence, keep replaying back the plays and mapping the players.

    Originator Book

    Mortgage Broker Play ‘Offense’
    Bankaffiliates or Non-bank-affiliates.
    Goal: Cash deposits
    Offense: ‘Sellers’ position mortgage brokers nationwide who secure commercial clients who faciliate scoring ‘property transactions’ purchase of mortgage note in Sales Agreement, and resale of servicing rights.
    Defense: ‘Purchasers’ of collection rights

    Mortgage Brokers in play when the real estate industry is in a originator market – handler ‘Fidelity Information Services & Fidelity National Finance,

    Mortgage Brokers teamed up with Trustee’s of robo-firms in both judicial and non-judicial states managing back office TD Services and LPS/DOCX, LSI the handler.

    LSI

    Technology know-how treatment of all value-added documents –extract and utilize the datas , restore them, assure the traecibility, control the documents authenticity and sort them.
    In order to build more and more innovative and reliable solutions and which can perfectly answer to your needs, VPS’s expertness on each technology includes LSI

    Capture of multiple datas, multi face and multizone :
    Magnetic and optical : ICR , bar code , OCR

    Postmarquage and graphical marking inkjet.

    – Control: catching of duplicate by ultrasonic sound and catching of fake documents.

    – Capture of image: CIS , high speed, high definition, ultraviolet, transparency (watermark) and colours.

    READER SCANNER: LSI Range
    Real conditionnal reader scanner, the LSI inherits of innovative and exclusives technology issues of VIPS’s knowledge:

    Sorter integrates all the functionality necessary for the process of banking documents, payment forms, tickets or vouchers, etc… : Reading, scanning & printing.

    Its intuitive and easy use, original design, small foot print in work & silence ensures you a fast and secure process on front office application.

    The LSI, in addition to the reliability its semi open patch,
    The LSI can be upgraded at any time to a standalone solution & integrates ICR, OCR & barcodes reading technology.
    LSI range is compliant with VIPS falsified documents detection technology by Ultra Violet, Infra Red or transparency scanning.

    Throughput55, 75, 100 ou 130 Dpm (documents perr minute)

  23. Lets retype:

    Seriously, konatina

    What about the ‘collateral’ and ‘remitters’ and FILE DOC ID’s in which the appraisals in form of PDF,s and related Loan Documents are attached to FILE DOC ID during ‘ORIGINATOR’ handling.

    Such ‘collateral’ sold and lawfully recorded recorded in the public domain.

    Disconnet of database of transactions recorded to track resales and repurchases not of value konatina? Are you an attorney?

    Do you not understand technolgy, BRAND NAMES, reselling servicing rights acquired after selling the loan to third party?

    I’ll be happy to educate you

  24. Reall konatina what about the ‘collateral’ already sold with the attached appraisal during origiantion and the attached loan files during origiantion not of file when connected to real transactions related to the FILE DOC ID. Is it konatina you just dont understand technology and data. I’ll be happy to educate you.

  25. Dear tnharry anything out of date is history that is important as education to understand how nation harmed. We leave to the attorneys the great legal minds who have not dealt head on and what is that?

  26. Christina…NOT MORTGAGES.

  27. @kona – i couldn’t agree more. there’s just nothing of substance in the cut and paste walls of text and they’re usually out of date anyway.

  28. I agree wholeheartedly!
    Get rid of the camealion “change promissors” in government and stop paying them to do wrong.

  29. I believe a fraudulent appraisal correlates to fraud in the inducement in my case. The appraisal in 2007 was almost $100,000 more than the sales price—just high enough to make a piggyback loan work. After our existing home contract was breached, we went ahead with the purchase of the second home because we thought we had found a really “good deal.”

    No one can convince me that the appraiser involved in our loan was “just trying to do his job.” Unless, of course, he might have thought his job was to make the lender and the mortgage broker some money and put a little extra on the side into his pocket.

  30. Hi Tina,

    I sent you an e-mail yesterday. I am really glad to read from someone who is not ready to throw away the baby with the bath water.

    Too many people on this blog are making sweeping statements condemning everyone who was involved in the selling or buying of mortgages subsequently sliced, diced and resold ad vitam eternam.

    When you read those blogs, judges are corrupt, appraisers are corrupt, banks are corrupt (true enough…), realtors are corrupt, everyone is corrupt. Most people were doing their jobs and following rules they had learned without realizing that those same rules had been changed hush-hush, without anyone telling them or anyone else, for that matter. A little like playing monopoly and following the book sold with the game, unaware that the other players have made a secret pact with the manufacturer to change the punctuation in the book and to make it say something completely different.

    The only difference between my simplistic example and reality is that the book was rewritten by congress to first allow for the S&L to happen and, when they realized that it didn’t fly, they wrote it again, this time in such a fashion that it would become either impossible to prosecute without risking the country as a whole, or so difficult to understand that no one conscious of the time required to straighten out that mess would dare touch it with a 20 foot pole. Congress counted on the fact that it would “someone else’s job” to discover the monumental fraud, they would be long gone when that happened and “after me, the big flood”!

    Machiavellic, especially since our education system has gone so much down that no one learns to think any longer and especially not to use a critical mind for anything whatsoever. They almost scored a touch down but, as long as there is room for corrective action, it was a “good try”. Nothing more. All the culprits have been found out and it becomes up to us to make restitution demands on them. Unfortunately, I don’t see much action here. Just talks and blogs.

    I truly like your idea of Congressional Reform Act of 2011 and I’ve been busy sending that post to everything that moves… And actually, it doesn’t even have to move…

    Here it is again. And thank you for posting it.

    The 26th amendment (granting the right to vote for 18 year-olds) took only 3 months & 8 days to be ratified! Why? Simple! The people demanded it. That was in 1971…before computers, before e-mail, before cell phones, etc.
    Of the 27 amendments to the Constitution, seven (7) took 1 year or less to become the law of the land…all because of public pressure.
    I’m asking each addressee to forward this email to a minimum of twenty people on their address list; in turn ask each of those to do likewise.
    In ONLY THREE DAYS, most people in The United States of America will have the message. This is one idea that really should be passed around.
    Congressional Reform Act of 2011
    1. No Tenure / No Pension.
    A Congressman collects a salary while in office and receives no pay when they are out of office.
    2. Congress (past, present & future) participates in Social Security.
    All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.
    3. Congress can purchase their own retirement plan, just as all Americans do.
    4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.
    5. Congress loses their current health care system and participates in the same health care system as the American people.
    6. Congress must equally abide by all laws they impose on the American people..
    7. All contracts with past and present Congressmen are void effective 1/1/12. The American people did not make these contracts with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work

  31. OMG, Mary, discussing the value of an old appraisal won’t buy you a cup of coffee in the battle most homeowner’s are in.
    Can’t you say anything of substance without just copying and pasting from the internet?
    Why start a new thread of rabbit hole discussions about “appraisal” fraud, value, etc?
    Do you work for the government?
    Are you purposefully trying to throw these homeowners facing foreclosure off the track?
    In my experience, most of the appraisers were just trying to do their job in an ever increasing “robust” market and at times it was extremely difficult to get the “value” the buyer was willing to pay. The appraisers had to use something called “time adjustments” based upon their region’s market increases due to buyer demands.
    Get back on the right track Mary. Or are you just seeking notariety posting stuff here on Garfield’s site?
    Ask some real questions: Why did the government cover up, look the other way and pass laws enabling the Greedsters Ponzi Game of Securitizaiton?
    What role did the FDIC play in the Game?
    Look to the real culprits – people that voted for the politicians that implemented all this.
    Most Americans are sheep.
    Here’s a cut and paste everyone of those sheep should think about: Brooksley E. Born, American attorney and former public official who, from August 26, 1996, to June 1, 1999, was chairperson of the Commodity Futures Trading Commission (CFTC), the federal agency which oversees the futures and commodity options markets. During her tenure on the CFTC, Born lobbied Congress and the President AND Greenspan to give the CFTC oversight of off-exchange markets for derivatives in addition to its role with respect to exchange-traded derivatives,[3] but her warnings were opposed by other regulators. She warned congress that the wealth of the American Middle Class was being stolen away. They ALL looked the other way and ridiculed her.

  32. Depends on how many A.G.’s they own?

  33. FIS stands for Fidelity National Information Services.

    The Name William P Foley synomous with Fidelity and all its subsidaries.
    William P Foley CEO of Fidelity
    .former Chairman of Fidelity”s subsiderie
    Lender Processing Services LPS DOCX
    “If you trust LPS DOCX – you can trust FIS

    What a joke that such a corrupt and fraudulent company can remain in business in the United States of America.

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