Fannie Mae and Freddie Mac have jointly developed a new specification to support the delivery of eNotes to the GSEs. The new eNote version will comply with MISMO 3.0 and offer improved functionality and greater clarity. The GSEs anticipate accepting eNotes in the new format starting in Q2 2018.
The 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 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 UAD is a component of the Uniform Mortgage Data Program® (UMDP®), jointly established by Fannie Mae and Freddie Mac under the direction of the Federal Housing Finance Agency to provide common requirements for appraisal and loan delivery data.
The ULDD was jointly established by Fannie Mae and Freddie Mac to provide common requirements for loan delivery data.
Fannie Mae and Freddie Mac revised and redesigned the 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.
February 26, 2019 - We've published the final DU Specification of the test period, along with other updated resources supporting the redesigned Uniform Residential Loan Application (URLA/Form 1003).
We have added and updated resources to facilitate implementation of the new DU Spec supporting the redesigned Form 1003.