Describes Fannie Mae's and Freddie Mac's announcement of the new collection timeline for the Uniform Closing Dataset (UCD).
The Uniform Closing Dataset (UCD) will be required for delivery in Q2 2017; however, lenders may deliver as early as Q4 2016. Also, learn more about the GSEs’ separate UCD collection solutions.
The June 19 edition of the Compass highlights Pricing & Execution - Whole Loan, the new Loan Delivery application, an August update to Desktop Underwriter Version 9.2, and Collateral Underwriter. See page 2 for an at-a-glance technology/policy 2015 calendar.
Learn all about the benefits of UCD, implementation highlights, and what you can do to begin your UCD implementation now.