September 25th is fast approaching, and we are hearing that some vendors will NOT be ready! Can your organization afford not being able to comply by the mandate?
The number one concern to us is we are hearing some organizations saying it is not our issue, we don't sell directly to Fannie and Freddie. However, your Investor will require successful submissions to both Fannie and Freddie!
PPDocs is an approved Technology Solution Provider (TSP) with both Fannie Maeand Freddie Mac. We don't mind being a backup (although once you use us, you might want to stay), we have a full due diligence packet available upon request and can get you started immediately. We have an easy registration process and no minimal usage requirements. Use us as little or as much as you want, starting at $25 per loan file with no redraw fees.
You may be asking, how can I tell if our organization is ready?
Do you have the correct login credentials to access the GSEs portal?
Have you registered for access to the UCD collection solution?
Have you established relationships for UCD transfer?
Last but not least, have you submitted a loan to the GSEs?
If you have not done one of the steps above, you may NOT be ready!
Need help submitting on PPDocs? Click below for a quick and easy tutorial!
