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UCD Seller Data Relief
Effective as of the Sept. 25, 2017 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.
Important Redesigned URLA Implementation Guidance
The GSEs have released implementation guidance and clarity around the effective date for the redesigned URLA (Fannie Mae Form 1003). See the announcement and republished forms and resources on the URLA page.
Updates to the UCD Collection Solution are Here
The Uniform Closing Dataset (UCD) collection solution features new and modified edits, and an enhanced UCD Findings Report to include DU data. Visit the UCD page for updated resources and feedback messages.
UCD Mandate Announced
The UCD file must be submitted for all loans delivered to the GSEs with a Note Date on or after Sept. 25, 2017.
The Dynamic Redesigned URLA and DU Specification are Here
The GSEs announced the release of their AUS specifications updated to MISMO v3.4, along with the dynamic version of the redesigned URLA (Form 1003), as well as the URLA Spanish Translation Aid.
New Quarterly Compass: Expanded Edition for Q3
The new three-page Quarterly Compass summarizes what’s new with the UCD collection solution, HARP extension, redesigned URLA, Loan Delivery and EarlyCheck releases, Fannie Mae Connect, new webinars, and more.
UCD Collection Solution is Here
Fannie Mae's UCD collection solution is now available for customers and non-seller correspondents to test and deliver the UCD XML file, required by the GSEs in Q3 2017. Start transitioning today!
Redesigned URLA and ULAD are Here
The redesigned URLA (Form 1003) is here! View the enhanced URLA form, ULAD data mapping, and key resources on the new web page including Instructions, FAQs, Fact Sheet, and more.
eMortgage Outreach Survey Findings Report
Fannie Mae and Freddie Mac conducted a survey in July to obtain perspectives on obstacles/barriers facing the eMortgage market. Learn more about how lenders perceive eMortgages through this report.
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.
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