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Uniform Collateral Data Portal UCDP Overview

Uniform Collateral Data Portal UCDP Overview

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welcome everyone to this first of many people's training videos regarding the s coming UCD requirement this video will be a high-level overview on how you could be in testing today select an existing loan or create a new one the tests open the order form and click on loan setup click yes to generate in the UCD XML and for testing purposes let's keep underwriting to manual with UCD testing enabled you'll notice a new feed type drop-down here you'll select the feed type from a list that the GSEs has generated for example on the lenders title policy you would select title lenders coverage premium as the feed type on the summary of transactions you'll notice you'll no longer be able to type in fields you need to select a line type for this example we'll select the payoff from here you need to fill in the description the liability type the payoff amount the holder any prepayment penalty remember you'll need to fill this out for

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