A Need to Improve Validations By Jennifer Harmon
There is a strong need in the mortgage industry to validate valuations on REO properties so lenders can have confidence that the valuation they have is legitimate and accurate, according to John Walsh, president of MDA DataQuick in San Diego. Appraisals, broker price opinions, and automated valuation models, are useful tools but they should all be verified, said Mr. Walsh, who works for a division of MDA Lending Solutions that provides property and real estate data.”
April 17, 2009
MDA Lending Solutions Upgrades ePolicy™ Workflow Software
ePolicy Adds HVCC Compatibility, Enhances Rules Management Architecture
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington, Del.-based MDA Lending Solutions, a provider of settlement services to the mortgage industry, announced the newest edition of ePolicy™, an automated product selection workflow system from MDA MindBox, a division of MDA Lending Solutions. The upgrade adds appraisal management functionality to comply with Home Value Code of Conduct (HVCC) regulations and improves the rules management architecture.
February 3, 2009
Eyeballs to Analytics: Property Valuation Today and Where it is Headed Tomorrow
(John Walsh is president of San Diego-based MDA DataQuick, an MDA Lending Solutions company and a provider of real estate information services. For more information about MDA DataQuick, visit www.dataquick.com. For more information about MDA Lending Solutions, visit www.mdasolutions.com. Walsh can be reached at jwalsh@dataquick.com.
December 30, 2008
MDA Releases HVCC-compliant Portal for Mortgage Brokers
WILMINGTON, Del.--(BUSINESS WIRE)--MDA Lending Solutions, a provider of advanced information solutions to the real estate lending industry, has developed its Managed Appraisal Platform, an electronic portal specifically for mortgage lenders seeking a way to achieve appraisal independence and regulatory compliance in their third party originations channel. The portal enables lenders and brokers to easily order appraisals from approved, third party sources without complicated technical integrations or high transaction fees. The portal is designed to provide compliance with the anticipated changes in appraisal regulation.
December 8, 2008
MDA Lending Solutions Strengthens Infrastructure, Relocates Data Centers
Move improves disaster recovery and business continuity capabilities
WILMINGTON, Del.--(BUSINESS WIRE)--MDA Lending Solutions, a provider of advanced information solutions to the real estate lending industry, moved all production systems and supporting operations centers to the company’s SAS 70-certified data center.
October 20, 2008
MDA Lending Solutions Enhances, Renames Automated Valuation Model
DataQuick AVM manages risk, improves speed and reduces cost SAN FRANCISCO--(BUSINESS WIRE)--MDA Lending Solutions, a provider of advanced information solutions to the mortgage industry, announced today at the Mortgage Bankers Association’s 95th Annual Conference and Expo the upgrade of MDA DataQuick’s automated valuation model (AVM), which has been renamed as ValueSmart. The enhanced AVM generates accurate property values by automatically selecting and using the most appropriate valuation methodologies.
October 16, 2008
MDA Lending Solutions Automatically Values Residential Property Default Collateral
Collateral Validation Reduces Cost, Time Associated with Portfolio Management Process
WILMINGTON, Del.--(BUSINESS WIRE)--MDA Lending Solutions, a provider of advanced information solutions to the real estate lending industry, announced the introduction of MDA DataQuick’s Collateral Validation. The most recent addition to MDA Lending Solution’s Collateral Risk Management platform, Collateral Validation automates the valuation reconciliation process, enabling users to more accurately review individual loans and make better informed decisions regarding default or acquisition strategy.
October 09, 2008
MDA Lending Solutions Speeds Portfolio Evaluation Quicker and more accurate valuation means better risk management for lenders
WILMINGTON, Del.--(BUSINESS WIRE)--MDA Lending Solutions, a provider of settlement services and advanced information solutions, today announced an upgrade to its suite of Collateral Valuation Solutions with the addition of the Collateral Risk Management (CRM) Platform. The CRM Platform helps lenders more quickly value entire real estate loan portfolios in order to better manage collateral risk throughout the loan life cycle.
August 28, 2008
MDA Lending Solutions Names Mortgage Industry Veteran John Walsh as New President of MDA DataQuick Division
MDA Lending Solutions, a subsidiary of Vancouver, British Columbia-based MacDonald Dettwiler and Associates (MDA), has named John Walsh as the new President of its MDA DataQuick® division.
August 19, 2008
MDA To Combine DataQuick® and MindBox® with Lending Solutions
MacDonald, Dettwiler and Associates Ltd. (MDA), is announcing the integration of two of its U.S. businesses into the MDA Lending Solutions organization. MDA companies DataQuick® and MindBox® will now be part of a combined organization that delivers advanced information solutions to financial services institutions in the U.S.
July 21, 2008
MDA Announces MDA Lending Solutions, Inc. in the U.S.
MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) is pleased to introduce MDA Lending Solutions, Inc. in the U.S. This organization, previously known as TransUnion Settlement Solutions, is part of the continued strategic expansion of MDA’s Information Products business in the U.S.
April 30, 2008
MDA closes strategic acquisition in the U.S. financial services sector
MDA announced today it has closed the previously announced strategic acquisition of certain lender solution businesses from TransUnion LLC's Real Estate Services division. The acquired businesses will operate under the name MDA Lending Solutions.