FirstClose™, A Service Of 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 FirstClose™ system with any LOS (Loan Origination System) that utilizes the Fannie Mae .fnm format. FirstClose™, 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 FirstClose™ compatible with the Fannie Mae .fnm format to seamlessly link FirstClose™ 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, FirstClose™ is the easiest solution since this one interface is compatible with the majority of LOS systems on the market today."
FirstClose™ 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 FirstClose™ platform also enables lenders to integrate with legacy and existing front-end loan origination systems to use as a single point of contact.
"FirstClose™ 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 FirstClose™, will enable them to increase efficiencies, save time, cut costs and gain market shareT."
About FirstClose™, A Service of First Lenders Data, Inc. (FLDI)
FirstClose™, A Service of First Lenders Data Inc. (FLDI) is an Austin, Texas-based provider of settlement service solutions to the mortgage lending industry. FirstClose™ offers its products and services through its proprietary Web-based FirstClose™ 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, FirstClose™ provides more progressive services, including hybrid and gap valuations and alternative lien reports.
For more information on FirstCloseT products and services, visit the company's Web site at www.firstclose.com
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