Case Study

Adopting New Data Standards to Accelerate Efficiency and Compliance

Adopting New Data Standards to Accelerate Efficiency and Compliance

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The Opportunity. For decades, those in the mortgage industry relied on disparate, manual processes to share important documents and information. Manually extracting data slowed the lending process, reduced transparency and introduced the potential for errors. Recently, the Federal Housing Finance Agency (FHFA) mandated a new XML-based, standardized approach to create more accurate and efficient data sharing. The new program will support mo

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