Dark Matter Technologies, which operates the Empower mortgage origination system, has created an integration with the Uniform Collateral Data Portal maintained by the government-sponsored enterprises.
This makes the firm “an early adopter” in supporting the Uniform Appraisal Dataset 3.6 and the Forms Redesign initiative, a press launch stated.
On June 10, the Mortgage Industry Standards Maintenance Organization, printed its Appraisal Procurement Dataset Specification in response to adjustments to appraisal reporting as a part of the Federal Housing Finance Agency Uniform Mortgage Data Program and the introduction of UAD 3.6.
“The creation of this procurement specification brings a direct alternative for the {industry} to leverage the MISMO vocabulary utilized in the new UAD 3.6 specification of their respective order processes, for any valuation product,” stated Elizabeth Green, chair of the MISMO Property and Valuation Services Community and senior vp, valuation options, at ServiceLink, in the group’s press launch.
“Utilization of the MISMO commonplace vocabulary will cut back complexity whereas offering stakeholders the alternative to enhance automation as the {industry} strikes to totally digitize the whole valuation course of,” she added.
Besides Empower, the integration can also be a part of Dark Matter’s Exchange Network, so it’s out there to be used by any lender or mortgage origination system that’s linked to the service.
It gives help for a brand new appraisal report information file, ZIP file submissions, six new information fields to reinforce property element and a streamlined course of for extracting PDF and XML recordsdata, Dark Matter stated.
UAD 3.6 shall be out there to lenders throughout a restricted manufacturing interval beginning Sept. 8. Its use turns into obligatory for UCDP submissions on Nov. 2, 2026.
“By proactively adapting to those industry-driven updates, Dark Matter is demonstrating its technological management and dedication to driving effectivity in the mortgage ecosystem,” stated Stephanie Durflinger, its chief product officer in a press launch. “This achievement helps us higher serve our lending companions and opens the door to broader capabilities in digital appraisal supply.”
In a separate property valuation know-how announcement, Veros Real Estate Solutions has built-in VeroSelect with Valligent’s digital inspection, catastrophe inspection and new analysis providers.
“Our dedication at Veros is to repeatedly advance what’s potential in housing finance,” stated Sarah Petteway-Dib, senior vp, product and information operations, in a press launch. “Integrating Valligent’s digital inspection and valuation capabilities transforms how purchasers entry and handle their workflows — offering extra flexibility, sharper insights, and larger confidence in lending choices.”
The Valligent choices on VeroSelect are Valinspect Virtual; Valinspect Disaster; eVal Virtual; and an exterior appraisal area overview.
“This integration represents a unified imaginative and prescient for the way forward for property valuation,” stated George Paquette, chief working officer at Valligent. “By combining Veros’ basis in information and analytics with Valligent’s agility in digital options, we’re delivering a robust, cohesive pipeline that helps smarter choices from origination via servicing.”
Meanwhile, on June 18, appraisal administration firm Class Valuation started providing a property valuation overview product.
Class Valuation Analysis can be utilized at a number of phases throughout the mortgage lifecycle, together with forensic appraisal opinions, inside management audits, development validations and GSE post-board evaluations.
The firm described it as a streamlined various to a full appraisal overview which is compliant with the Uniform Standards of Professional Appraisal Practice.
“In at this time’s market, uncertainty is dear, and lenders cannot afford to second-guess their valuation information,” stated John Fraas, CEO of Class Valuation, in a press launch. “Class Valuation Analysis delivers what our companions want most — readability, confidence and compliance — particularly when making high-stakes buying and selling choices tied to mortgage servicing rights.”
