Upon receipt of the appraisal, the report is run through our automated review system. This advanced technology allows us to clearly identify any underwriting issues upfront.
Once the automated review is completed, one of our experienced review appraisers will do a manual review and recommend any necessary changes to ensure compliance. Once QC has cleared the appraisal, it will be uploaded and email to our client.
Identify collateral risk automatically
MARS is used by to identify collateral risk, score each appraisal report's individual risks, report findings, extract the PDF from the MISMO XML file and deliver the data to the GSEs or other investors--all automatically and compliantly.
Uniform Collateral Data Portal (UCDP)
MARS provides automated submission to Fannie Mae and Freddie Mac's Uniform Collateral Data Portals.
MISMO XML Conversion Services
MARS uses a proprietary conversion process to validate and convert the Base 64-encoded PDF within the MISMO XML file. This will allow the user to have both the MISMO 2.6 XML file and the complete PDF, ensuring identical information between both files. The system is fully configurable and can be incorporated into any existing infrastructure with no installations, no expensive servers and no additional hardware. The conversion technology is based on XML web services and comes with great documentation and amazing technical support.