Uniform Mortgage Data Program Announcements

The Uniform Mortgage Data Program® (UMDP®) is an effort undertaken jointly by Fannie Mae and Freddie Mac at the direction of the Federal Housing Finance Agency to enhance data quality and standardization.

Reminder: UCD Critical Edit Transition Phase 1 Date is July 31, 2021 July 20, 2021-As announced on May 19, 2021, Fannie Mae and Freddie Mac (the GSEs) delayed the implementation date of the Uniform Closing Dataset (UCD) Phase 1 critical edits from May 31 to July 31, 2021. As the new Phase 1 implementation date approaches, the GSEs recognize the tremendous progress made by lenders and vendors on both the quality and the completeness of UCD data in preparation for Phase 1.
Updated AUS specifications and supporting documents published June 29, 2021-To address opportunities discovered during the successful industry implementation of the Uniform Residential Loan Application (URLA/Form 1003), limited critical business information needs, and a regulatory request, Fannie Mae and Freddie Mac have published updates to their automated underwriting system (AUS) data specifications and supporting resources.
ULDD updates for the retirement of CMT-indexed ARMS June 8, 2021-Freddie Mac and Fannie Mae (the GSEs) have updated the Uniform Loan Delivery Dataset (ULDD) specification for the retirement of the Constant Maturity Treasury (CMT) indexed adjustable-rate mortgages (ARMs). The GSEs will not purchase any CMT-indexed ARM with an Application Received Date of July 1, 2021 or later. Effective Oct. 1, 2021, the GSEs will no longer purchase any CMT-indexed ARMs, regardless of the Application Received Date or Note Date.
UCD Critical Edit Transition: New Phase 1 Date is July 31 May 19, 2021-Phase 1 of the transition to convert edits in the Uniform Closing Dataset (UCD) collection systems from “warning” to “critical/fatal” has been moved from May 31 to July 31.
Reminder: April 30 deadline to submit legacy URLA loans April 20, 2021-Effective May 1, Desktop Underwriter® (DU®) and Desktop Originator® (DO®) will only accept new loans submitted using the redesigned Uniform Residential Loan Application (URLA)/Form 1003 and the updated DU MISMO 3.4 file format. Loans using legacy formats with a Casefile Create Date on or after May 1 will not be underwritten by DU/DO.
Uniform Residential Loan Application March 1 Mandate February 16, 2021-The mandate for implementing the redesigned Uniform Residential Loan Application (URLA) is March 1, 2021. To accommodate loans started in the legacy format prior to March 1, but not submitted by that date, the GSE’s automated underwriting systems (AUSs) will not return an Out of Scope for Fannie Mae or critical edit for Freddie Mac on new loans submitted in the legacy format until May 1, 2021.
Get Ready - UCD Critical Edits Phase 1 is Coming May 2021 January 26, 2021-Freddie Mac and Fannie Mae (the GSEs) announced on August 11, 2020, that they are implementing a two-year transition to convert certain edits in their Uniform Closing Dataset (UCD) collection systems from “warning” to “critical.” This transition will begin May 31, 2021, and is designed to enhance data quality and consistency for single-family loans the GSEs purchase.
Open Production Period has begun January 4, 2021-Effective Jan. 1, 2021, all lenders may begin using the redesigned Form 1003 and updated DU Spec to submit loans to production using the new DU user interface.
Reminder: Dec. 31 final day for LIBOR-indexed ARMs purchase December 1, 2020-To be eligible for delivery to Fannie Mae, LIBOR-indexed ARMs must have an Application Received Date on or before September 30, 2020. LIBOR-indexed ARMs must be purchased as whole loans on or before December 31, 2020, or in mortgage-backed security pools/participation certificates with an issue date on or before December 1, 2020.
UCD Critical Edits Implementation Timeline Announced August 11, 2020-Fannie Mae is implementing a two-year transition to convert a select number of edits in the UCD Collection Solution from “warning” to “critical/fatal.” The transition will begin in May 2021 and is designed to enhance data quality and consistency for single-family loans purchased by the GSEs.
Updated Spanish Translation Aids available June 30, 2020-The GSEs have published updated Spanish Translation Aids to assist borrowers in completing the English version of the redesigned URLA.
Participating in the URLA Limited Production Period May 19, 2020-Fannie Mae and Freddie Mac (the GSEs) invite lenders who meet the eligibility criteria and prerequisites below to participate in the Uniform Residential Loan Application (URLA) Limited Production Period (LPP) beginning on August 1, 2020. During the LPP, participants will use the redesigned URLA (Fannie Mae Form 1003/Freddie Mac Form 65) and updated Fannie Mae Desktop Underwriter® (DU®) and Freddie Mac Loan Product Advisor® automated underwriting systems (AUSs) to originate loans in a controlled implementation.
ULDD Updates to Support SOFR ARM Index Transition April 21, 2020-Fannie Mae and Freddie Mac published an updated Uniform Loan Delivery Dataset (ULDD) Specification and additional loan delivery implementation details in support of the industry transition to SOFR-indexed ARM loan products.
Extended URLA Implementation Timeline April 14, 2020-Freddie Mac and Fannie Mae (the GSEs) will extend the implementation timeline for the redesigned Uniform Residential Loan Application (URLA) and automated underwriting systems (AUSs) to support the industry during the COVID-19 pandemic. The new mandate date for the use of the redesigned URLA and AUS specifications is March 1, 2021.
GSEs Delay Uniform Closing Dataset Critical Edits Implementation April 7, 2020-Fannie Mae and Freddie Mac have been planning for a 2-year transition to convert certain edits in their Uniform Closing Dataset (UCD) collection solutions from “warning” to “critical.” In recognition of industry feedback, competing priorities, and COVID-19, the GSEs have delayed the implementation of UCD critical edits until further notice.
Changes to the DU Spec MISMO V3.4 Published March 19, 2020-Fannie Mae published changes to the DU® Spec MISMO V3.4 as part of the continued effort to support implementation of the redesigned Uniform Residential Loan Application (URLA) Form 1003 and DU Spec by the Nov. 1 deadline.
UMDP updates to support SOFR ARM index transition March 10, 2020-Fannie Mae and Freddie Mac (the GSEs) have updated certain Uniform Mortgage Data Program datasets, including the DU® Specification MISMO V3.4, Uniform Closing Dataset, and Uniform Loan Delivery to support future use of SOFR-indexed ARMs.
UCD Collection Solution User Interface Redesign February 20, 2020-UCD Collection Solution User Interface Redesign
On March 2, 2020, The UCD Collection Solution User Interface (UI) will be updated to reflect a more dynamic look-and-feel designed to improve user experience. The update will be visible within UCD when users log in with their standard credentials and will not interrupt the UCD submission process. Users are encouraged to test performance in the UCD Test Environment prior to the UI rollout.
Updated Interactive (Fillable PDF) Version of the Redesigned URLA January 29, 2020-Fannie Mae and Freddie Mac (the GSEs) have published the interactive (fillable) PDF versions of the redesigned Uniform Residential Loan Application (URLA) with an effective date of 09/2020, along with corresponding supporting documents. These interactive forms comprise the final version of the loan application to be supported by the industry in system development and preparation of the redesigned URLA and updated GSE-specific automated underwriting system (AUS) specifications for the November 1, 2020 mandate.
URLA February 1, 2020 Mandate Rescheduled; New Requirements Provided August 8, 2019-At the direction of Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the GSEs) announced in June 2019 that the optional use period for the redesigned Uniform Residential Loan Application (URLA) and automated underwriting system (AUS) implementations would be postponed.

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