This Lender Letter discusses Fannie Mae's post-purchase loan file review process and the shift in focus to increasing lender
certainty through defect prevention, remedies, and alternative to repurchase. Also, the National Underwriting Center has been
renamed as the Loan Quality Center.
The GSEs have announced minor updates to the ULDD Phase 3 specification as well as our implementation dates for the collection
of the new HMDA data. Loan Delivery will accept this data for delivery as of Dec. 18.