Applications & Technology
Loan Servicing Data Utility (LSDU)
Updates to Streamline Your LAR 83 Workflow
To keep your loan activity reporting smooth and error free, the Extended Term and Converted to Fixed Rate fields have been removed from the LAR 83 Single Submission screen in LSDU. Updates to these fields can be made via Loan Data Change through Post Purchase Adjustments.
LSDU is a suite of self-service tools providing servicers with accurate, near real-time, loan-level data and data exceptions, allowing for continuous reconciliation of Fannie Mae loans and cash positions, offering operational efficiencies.
- Improve Data Accuracy and Quality - Improve the accuracy and quality of investor reporting processes, streamlining error resolution with 90+ key investor reporting loan data elements and detailed calculations.
- Increased Transparency - Simplify your processes and increase certainty with self-service, near real-time visibility into more Fannie Mae data, including a new Loan Search Function – servicers can now search by Fannie Mae or Servicer loan number.
- Reduce Time - Increase efficiency and save time by reconciling loan and cash positions with Fannie Mae throughout the month – rather than only at the end of the monthly reporting cycle
Release Notes
