FLDI Announces Fannie Mae Compatible Technology Integration
Austin, Texas-based provider of bundled settlement service solutions to the mortgage lending industry announced today the completion of a project that integrates its FLDI system with any LOS (Loan Origination System) that utilizes the Fannie Mae .fnm format. FLDI, a .net application, now has the ability to u pload the Fannie Mae 1003 mortgage application from any compatible LOS thus eliminating additional key entry.
"We chose to make FLDI compatible with the Fannie Mae .fnm format to seamlessly link FLDI with all LOS solutions utilizing the Fannie Mae .fnm format", said Gabriel Flores , Chief Operating Officer of FLDI, "If a lender is looking to interface settlement service providers with their LOS, FLDI is the easiest solution since this one interface is compatible with the majority of LOS systems on the market today."
FLDI offers customers a nationwide variety of integrated bundled mortgage service options, including; credit reports, flood certifications, AVMs, full, desktop and drive-by appraisals, title reports, title insurance, closing and recording services, in one easy-to-use bundled services platform. The FLDI platform also enables lenders to integrate with legacy and existing front-end loan origination systems to use as a single point of contact.
"FLDI mortgage technology solutions meet the evolving needs of today's lenders," said Timothy R. Smith, President of FLDI. "We believe that a lenders decision to utilize FLDI, will enable them to increase efficiencies, save time, cut costs and gain market share."
About First Lenders Data, Inc. (FLDI)
FLDI, A Service of First Lenders Data Inc. (FLDI) is an Austin, Texas-based provider of settlement service solutions to the mortgage lending industry. FLDI offers its products and services through its proprietary Web-based platform. The company's product offerings include credit reports, flood certifications, AVMs and traditional valuation products, as well as income verification title, doc prep, closing, title and recording services. Additionally, FLDI provides more progressive services, including hybrid and gap valuations and alternative lien reports.