ULDD - Automate & Optimize Mortgage Process
por Brimma Tech Inc
Accelerate borrower engagement, cut costs & securely bulk upload loan documents to Fannie Mae
Process
Accelerate borrower engagement, cut costs & securely bulk upload loan documents to Fannie Mae.
Overview
Using Microsoft Power Automate, the - Brimma Uniform Loan Delivery Dataset (ULDD) bot can help you download loan documents quickly and securely from the Encompass Loan Origination Software System (LOS) and then upload them to Fannie Mae’s web portal.
What is Brimma-ULDD
The Uniform Loan Delivery Dataset (ULDD), part of the Uniform Mortgage Data Program (UMDP), is the common set of data elements required by Fannie Mae .
The automation bot exports the loans from the Encompass system based on the commitment number and then import them to a local drive before uploading them to Fannie Mae's web portal
How it works?
Bot logs into Encompass
If there are loans available in the pipeline:
- The bot exports loans from the pipeline to Excel
Identify the Commitment # of the first loan in Excel
Filter pipeline for the identified Commitment #
Select up to a maximum of 5 (this should be a configurable value) loans and export ULDD XML for the selected loans
Click “Export” button on the “Export Problem” popup if displayed
Name the exported XML as “FannieExport-{datetime}-{commitment#}.xml”
Identify the loan numbers of the loans in the XML
Log into FNMA portal and upload the XML file
Retry uploading the XML one more time if it fails the first time
Update the loans in the XML as Successful / Failed on the “Automation Testing” screen in Encompass, via API
Exit Encompass