FNC recently announced a new requirement that any appraisal delivered to AppraisalPort must be sent in the enhanced ENV format, which includes an embedded MISMO XML file.
Earlier this year, we updated the ACI2012™ AppraisalPort eService to create an enhanced ENV, so you may already have this update. To be sure, simply run ACI2012 WebUpdate at your earliest convenience.
Here are some common questions you may have regarding this requirement:
- Am I able to view the MISMO XML that is in the ENV file?
Yes, in FNC’s OADI uploader, you should see MISMO in the Forms drop-down on the top menu bar. If you click this menu option, you will see the XML in the view. Be aware that the PDF is not included in the MISMO data, as it is generated from the original ENV data at FNC.
- What if I am still on ACI2010™?
You will need to download and run the full ACI2012 install. Click here to download ACI2012. After installation, run WebUpdate to ensure that you have all the latest components.
- Is there a deadline for me to upgrade?
FNC and some lenders have already started sending notifications to appraisers who are not delivering enhanced ENV files. It is important that MISMO XML is included in ENVs this month as the original ENV format will no longer be supported for delivery to the UCDP in July, 2014. Our recommendation is to upgrade your system at your earliest convenience to ensure compliance.
For questions, give us a call at 800-234-8727 or email us and we’d be happy to help you!