Mortgage Documents Solutions, Inc. (MDS)
MDS offers to the Puerto Rico Mortgage Industry an online bundled service platform that provides lending products and services for fast and accurate loan processing. With connections to all the leading products and services from a secure web site, loan information is electronically delivered in a professional and reliable manner. MDS advanced technology, powered by SharperLending™, brings the best in mortgage services and products to lenders by accelerating the entire loan process while delivering savings to consumers. Plus it's FREE* to lenders!
MDS bundled services platform offers you the important strengths you need to position yourself for phenomenal growth in the foreseeable future.
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Comprehensive data capture and storage
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Sophisticated system intelligence
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Versatility of services
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Vendor-neutral
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Automated workflow management
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Advanced technology based on web services and XML
Specially designed for the Puerto Rico market, this web based service simplifies and accelerates the loan process while saving you time and money.
SAVE TIME & MONEY WHILE YOU CLOSE MORE LOANS!
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It's Free!!! With no set up fees, with no minimum charges, with no software to buy or maintain. All you pay is the regular cost of the settlement reports you order today.
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Simple & Fast!!! Choose from either your own or a selection of quality service providers and products; Flood Certificates, Title Search, Appraisal Reports (HVCC approved), Plot Plan, CRIM, Title Insurance, Hazard Insurance and more- all from the same, secure web site.
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Anytime, Anywhere!!! Because MDS is Web-Based, you can check your reports anytime you want, anywhere you want.
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Management Reports: The most important feature on this platform. Management Reports helps you manage and keep track of all your pipeline. Keeps you informed so you can close more loans more efficiently and quickly.
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Home Valuation Code of Conduct (HVCC)
New Fannie Mae & Freddie Mac Regulation
Mortgage Documents Solutions, Inc. (MDS) is :
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Your Solution to the HVCC for Lenders in Puerto Rico. Mortgage bankers can now manage their appraisal reports using our technology.
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Your Established Relationships Made Compliant. You can maintain your established relationships with your appraisers by building your own Appraisal Panel and stay compliant with the objectives of the new GSE's Fannie Mae & Freddie Mac "Home Valuation Code of Conduct" (HVCC) regulation.
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This regulation is already in effect since May 1, 2009. Please visit our section "Appraiser Management" for more information.
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See Fannie Mae's and Freddie Mac's Announcements for January 7, 2009 in regards to the new "Home Valuation Code of Conduct". Both Government Sponsored Enterprises implemented this new rule and the same is already in effect since May 1, 2009. Please go to our section "News Release".
See the HVCC Webinar and related information from the regulators:
Click on any of the Regulator's Logo below:
See the new Webinar sponsored by Fannie Mae, Freddie Mac and the Appraisal Institute on the Market Condition Addeendum; Fannie Mae Form 1004MC; Freddie Mac Form 71
"LET'S GET READY TO BUNDLE"