UCD Announcements

Keep up with the latest Uniform Closing Dataset (UCD) announcements.

Related Links

Related Applications

.

UCD Announcements

Title Date & Summary
GSE Seller Data Requirements Fannie Mae and Freddie Mac (the GSEs) are committed to supporting the industry with its adoption of the Uniform Closing Dataset (UCD). Over the past several months, the GSEs have been working with the industry to understand challenges encountered with the collection of certain Seller-specific closing data elements. Based on feedback received through this effort, the GSEs have reduced Seller data requirements from those communicated in our December 12, 2017 announcement.
UCD Specification Update Dec. 11, 2018 - Freddie Mac and Fannie Mae (the GSEs) are committed to providing clear and accurate UCD requirements. As communicated in our June 26, 2018, announcement, the GSEs are publishing UCD Specification v1.5 and supporting artifacts to account for revised Seller Data requirements and the TRID Amendment.
UCD TRID Amendment Impact Memo Dec. 11, 2018 - the Consumer Financial Protection Bureau (CFPB) finalized an amendment to the TILA/RESPA Integrated Disclosure (TRID) rule which became mandatory on October 1, 2018. This memo highlights the impacts of the TRID amendment for UCD submissions.
UCD TRID Amendment Impact Memo June 26, 2018 - Fannie Mae and Freddie Mac have outlined the impacts to UCD based on the Consumer Financial Protection Bureau (CFPB) TRID amendment.
Important UCD Update January 30, 2018 - UCD edits will switch to fatal in Loan Delivery as of June 25, 2018. Also on June 25, the Closing Disclosure PDF must be embedded in the UCD XML file.
Update on the UCD Seller Data Requirement December 12, 2017 - The GSEs will no longer require a PDF of the Seller Closing Disclosure as part of the UCD XML file submission.
The GSEs Support Your UCD Transition September 15, 2017 - The GSEs have announced there is no change to the Sept. 25 mandate. Loan Delivery will generate a Warning if UCD Casefile ID is not provided.
UCD Implementation Update June 6, 2017 - To provide relief to customers, the GSEs announced that the Closing Disclosure PDF will not be required to be embedded within the UCD XML file until April 2018.
UCD Final Specification Update January 31, 2017 - The GSEs have updated the UCD Delivery Specification, Use Cases, and XML files in an effort to provide clear and accurate requirements for preparing the UCD file for delivery.
UCD Seller Data Requirements Update November 8, 2016 - Effective as of the Sept. 25, 2017 Uniform Closing Dataset (UCD) mandate, only the Borrower data and Closing Disclosure will be required in the UCD file. Seller data will not be required for UCD until Q3 2018.
UCD Mandate is Sept. 25, 2017: Start Your One-Year Transition Now September 27, 2016 - The Uniform Closing Dataset (UCD) must be submitted for all loans that are delivered to the GSEs with a Note Date on or after Sept. 25, 2017.
UCD Collection Solution Coming Sept. 2 July 26, 2016 - Fannie Mae's UCD collection solution will be available as of Sept. 2, 2016, for customers and non-seller correspondents to deliver the UCD XML file.
New Business-to-Business Integration Platform and UCD Collection Service May 24, 2016 - Describes the new B2B integration platform and how it will support the collection and delivery of the Uniform Closing Dataset (UCD).
UCD Delivery Requirement for Q3 2017 May 24, 2016 - To assist lenders and vendors with their Uniform Closing Dataset (UCD) planning and implementation timelines, the GSEs are announcing they will require delivery of the UCD in Q3 2017 for all loans acquired by Fannie Mae or Freddie Mac.
Fannie Mae's UCD Collection Solution December 15, 2015 - On June 30, 2015, the GSEs announced they will implement separate collection solutions for lenders to deliver the Uniform Closing Dataset (UCD).
UCD Specification and Resource Updates November 17, 2015 - Describes updates made to the Uniform Closing Dataset (UCD) Specification by Fannie Mae and Freddie Mac (the GSEs).
Delivery Timeline and Collection Solution June 30, 2015 - Describes Fannie Mae's and Freddie Mac's announcement of the new collection timeline for the Uniform Closing Dataset (UCD).
UCD Split Disclosure Guidance April 7, 2015 - Provides guidance on "split disclosures" in an update to Appendix H: Uniform Closing Dataset (UCD) Delivery Specification.
GSEs Publish UCD Delivery Specification February 24, 2015 - Describes how Fannie Mae and Freddie Mac (the GSEs) are publishing Appendix I: UCD Delivery Specification to further support implementation of the Uniform Closing Dataset (UCD).
UCD High-Level Implementation Timeline December 16, 2014 - Provides more information on the timeline, as well as recommendations, for implementing UCD, a common industry dataset that supports the Consumer Financial Protection Bureau’s (CFPB) Closing Disclosure.