The Uniform Closing Dataset (UCD) must be submitted for all loans that are delivered to the GSEs with a Note Date on or after Sept. 25, 2017.
Provides information on Fannie Mae initiatives and upcoming milestones, and what lenders need to know to successfully navigate the changes ahead.
Fannie Mae and Freddie Mac revised and redesigned the Uniform Residential Loan Application (URLA) and developed a corresponding standardized dataset, the Uniform Loan Application Dataset (ULAD). The revised URLA form provides lenders and borrowers with greater clarity and an easier, more consumer-friendly loan application.
The Uniform Closing Dataset (UCD) is an ongoing effort by Fannie Mae and Freddie Mac to provide a common industry dataset to support the Consumer Financial Protection Bureau’s (CFPB) Closing Disclosure.
The Uniform Collateral Data Portal (UCDP) is a technology application through which lenders electronically submit appraisal reports for conventional mortgages to be delivered to Fannie Mae or Freddie Mac.
The Uniform Appraisal Dataset (UAD) was jointly established by Fannie Mae and Freddie Mac to provide common requirements for appraisal data.
The Uniform Loan Delivery Dataset (ULDD) was jointly established by Fannie Mae and Freddie Mac to provide common requirements for loan delivery data.
The UCD file must be submitted for all loans delivered to the GSEs with a Note Date on or after Sept. 25, 2017.
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.
Register for a live webinars to learn about the redesigned URLA and get your questions answered regarding the differences between the current and redesigned URLA (Form 1003).