Fidelity Information Services has released an updated version of Mortgage PhD, which makes data and services from third parties and its mortgage servicing package (MSP) available to any company's application on demand.
Mortgage PhD provides access to MSP data, as well as a full range of service providers. The enhanced version now allows in-house applications and delivery channels to launch loan-level data and service requests directly, securely and in real-time. Using a service-oriented architecture and Web services technology standards, the Mortgage PhD platform simplifies data exchange and facilitates plug-and-play application integration in a reusable format.
With Web services, Mortgage PhD enables lenders and authorized third parties to read and update MSP data fields from a customer service or default applications, or teller platform. Lenders can also use the Mortgage PhD platform to request third-party data and services, such as appraisals, broker price opinions and title documents. MSP, third-party data and service orders are conveyed as XML data streams to facilitate application request and response integration.
Fidelity Info Services, headquartered in Jacksonville, Fla., is a provider of products and outsourced services and solutions to financial institutions and the real estate industry. For more information, call (800) 874-7359 or visit www.fidelityinfoservices.com.