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Loan Delivery Release Notes
See how we're updating our Release Notes to communicate new enhancements and future features available in Loan Delivery in this easy-to-read guide.
Loan Delivery Overview
Printable Versions
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- 2023 Loan Delivery Release Notes (printable version)
- 2022 Loan Delivery Release Notes (printable version)
- 2021 Loan Delivery Release Notes (printable version)
- 2020 Loan Delivery Release Notes (printable version)
- 2019 Loan Delivery Release Notes (printable version)
- 2018 Loan Delivery Release Notes (printable version)
Effective Date | Impacted Area | Description |
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March 25, 2024 | Duty to Serve | Beginning on March 25, 2024, lenders will no longer be required to add Special Feature Code (SFC) 874, Duty to Serve LLPA Waiver, to loans at the time of delivery. Loan Delivery will validate when loans are eligible for the LLPA waiver and automatically populate the SFC on the loans. |
March 25, 2024 | ULDD Phase 5 | To support the first implementation of ULDD phase 5, Loan Delivery will introduce
See the Loan Delivery Business Rules for a listing of edits, users can filter on the Sub-category (Column J) and search ULDD Ph. 5, the edits listing will be updated March 4, 2024. These edits will be available in the Loan Delivery Test Environment to accommodate lender testing. For more information, see the ULDD webpage. |
March 25, 2024 | Edit Updates | See the LD Edit Change Effective Date column in the Loan Delivery Business Rules for a listing of effective edit updates including:
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Effective Date | Impacted Area | Description |
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April 22, 2024 NEW | Edit Updates | See the LD Edit Change Effective Date column in the Loan Delivery Business Rules for a listing of effective edit updates including:
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May 4, 2024 NEW | Maintenance Window | Effective May 4, 2024 Loan Delivery will extend its scheduled maintenance period each weekend due to ongoing maintenance. The previous downtime window from 5 p.m. Eastern Time (ET) on Saturday to 8 a.m. ET on Sunday will now be from 8 a.m. ET on Saturday to 8 a.m. ET on Sunday each weekend. |
June 24, 2024 NEW | Edit Updates | See the LD Edit Change Effective Date column in the Loan Delivery Business Rules for a listing of effective edit updates including:
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Effective Date | Impacted Area | Description |
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January 19, 2024 | Energy Star Loans | Effective January 19, 2024 Loan Delivery will automatically populate Special Feature Code (SFC) 784 ENERGY STAR Green Building Certification for Green Bonds on Whole Loans that Fannie Mae identifies as securing a property with an eligible ENERGY STAR green building certification. If SFC 784 is auto-populated on the loan, warning edit 2736 will fire notifying sellers of the change. No action is required by sellers. For MBS loans: If a seller delivers SFC 784 on an MBS loan, fatal edit 2407 will fire indicating the SFC is invalid, and the SFC will be automatically removed from the loan. Click “Save and run edits” to resolve fatal edit 2407. Contact your Fannie Mae representative for assistance or additional information. |
January 29, 2024 | Export file Enhancement | We are enhancing our report and export functionality in Loan Delivery to provide faster, more efficient generation times for files greater than 100 MB. For any report or export file greater than 100 MB, the file will be generated as a ZIP file format. This is the current functionality for the Schedule of Mortgages and we are expanding this functionality to the MISMO Data XML, Edits CSV, Loan Level Data CSV, Edit History CSV, and Fannie Mae Loan No. CSV exports plus the Delivery Schedule report. |
January 2024 | Edit Updates | See the LD Edit Change Effective Date column in the Loan Delivery Business Rules for a listing of effective edit updates including: Edit D323 related to Value Acceptance + Property Data changing to fatal severity (see Nov 1 entry for details).
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March 1, 2024 | HomeReady VLIP | A temporary enhancement will be applied to our HomeReady® product. This enhancement includes a $2,500 loan-level price adjustment credit for very low-income purchase borrowers (VLIP) that can be used for down payment and closing costs. To receive the credit, lenders must receive the appropriate Desktop Underwriter® (DU®) Messages in DU® to deliver the HomeReady Special Feature Codes (SFCs) 900 and 884. Loan Delivery will have new Edits 2147 and 2148 to enforce eligibility for delivering loans under the temporary policy. This credit will be effective for whole loans purchased (“Purchase Ready” status in Loan Delivery) on or after Mar. 1, 2024 to Feb. 28, 2025 and for loans delivered into MBS with issue dates on or after Mar. 1, 2024 to Feb. 1, 2025. Learn more about the HomReady VLIP enhancements: Lender Letter (LL-2024-01) & HomeReady (VLIP) LLPA Credit Job Aid. |
March 1, 2024 | Edit Updates | See the LD Edit Change Effective Date column in the Loan Delivery Business Rules for a listing of effective edit updates including:
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March 4, 2024 | Mission Index Values | In support of the recent updates announced for the Mission Index, Fannie Mae is enhancing Loan Delivery with data to help lenders optimize MBS pooling based on Mission Index values. The new Mission Index values – Mission Criteria Score and Mission Density Score – will be added under a new Mission Index section within the Pool Statistics tab on the Pool Details screen. For Fannie Majors® pools, the scores displayed apply to the Major piece and not the entire Major pool. The Loan Level Data CSV Export file will be updated to add the Loan Mission Score, Mission Density Score, and Mission Criteria Score values to the end of the report. Note: The update to the Mission Index Methodology will be effective on March 1, 2024. |
To view Loan Delivery enhancements and features from 2023, visit 2023 Loan Delivery Release Notes (printable version).
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