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The GSEs announce: UCD will be required in Q3 2017
Fannie Mae and Freddie Mac announced that the UCD data will be required in Q3 2017. As a reminder, each GSE will have separate system implementation and testing timelines for their own collection solution.
Monthly Update to UCD Appendices A/B and H/I
The GSEs have published a Monthly Update to the UCD Appendices A/B and H/I, providing implementers with timely notice of UCD corrections. Changes will be published on the last Tuesday of each month, then included in the next full release of the UCD documentation.
New Condo Project Questionnaires
The GSEs have developed standardized Condo Project Questionnaire forms (1076/1077). Although optional, these forms are encouraged as they provide lenders a clear and consistent approach to collecting information from HOAs regarding condo projects.
Fannie Mae Helpful Hints for UCD File Creation
This helpful hints checklist provides technology solution providers, as well as lenders who are building UCD files, with assistance in constructing the UCD file including XML structure considerations, required UCD data points, and more.
UCD Implementation Quick Sheet
This new resource provides lenders and technology solution providers with a 2016 milestone calendar for UCD, and a step-by-step checklist for UCD training, analysis, and implementation tasks.
Fannie Mae UCD Collection FAQs
Find out more about Fannie Mae's Uniform Closing Dataset (UCD) collection solution in the Loan Delivery application, available in Q3 2016.
Begin Using New Loan Delivery Today!
Resources are available on the new Loan Delivery page to assist with your transition, including Ask the Expert webinars to prepare you for the ULDD Phase 2 transition.
UCDP Appraisal Sharing Functionality coming Feb. 7
On Feb. 7, 2016, a new solution will be implemented in the UCDP to provide correspondent lenders the ability to easily share appraisal information in UCDP with their aggregators, and more.
UCD Collection Solution Announced
Provides lenders with important information regarding Fannie Mae's solution for collecting the Uniform Closing Dataset (UCD).
Learn More about ULAD
The GSEs are developing the Uniform Loan Application Dataset (ULAD) to correspond with the updated URLA form (Fannie Mae s Form 1003).
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