The Uniform Loan Delivery Dataset (ULDD) was jointly established by Fannie Mae and Freddie Mac to provide common requirements for loan delivery data.
This Announcement introduces the “remedies framework,” clarifying how Fannie Mae will define and categorize origination defects as well as the corrections and remedies available to lenders.
Fannie Mae recognizes and appreciates the enormous efforts that lenders and their partners in the mortgage industry have undertaken to meet the requirements created by CFPB’s Know Before You Owe TILA-RESPA Integrated Disclosure (TRID) rule. This Lender Letter describes Fannie Mae’s expectations for lender compliance with TRID.
Access the Guide via the link below or AllRegs.com.
Provides information on Fannie Mae initiatives and upcoming milestones, and what lenders need to know to successfully navigate the changes ahead.